Defiance Daily Target 2X Long RKLB ETF (RKLX) Performance

NASDAQ: RKLXTotal returns, calendar years, drawdowns and risk since 2025.

RKLX total return

Distributions reinvested · as of Oct 23, 2026
YTD
−76.8%
since Dec 31, 2025
1 year
−77.4%
total return
Since first price
+75.2%
since 2025

RKLX trailing returns vs SPY, QQQ, AGG

PeriodRKLX total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−47.3%−47.3%−1.0%−5.0%+0.9%
3 months−53.2%−53.2%+3.2%+1.9%−0.4%
6 months−78.2%−78.2%+7.8%+8.4%−1.5%
YTD−76.8%−76.8%+12.3%+15.1%−1.0%
1 year−77.4%−80.3%+14.4%+15.9%−1.1%
Since inceptionMar 13, 2025+75.2%+52.6%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: RKLX vs SPY

RKLXS&P 500 (SPY)

From Mar 13, 2025: RKLX grew to $17,518, SPY to $14,053.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

RKLX returns by calendar year

RKLXSPY

2026 is year to date.

RKLX annual returns table

YearRKLXLargest dropSPYQQQAGG
2026YTD−76.8%−92.3%+12.3%+15.1%−1.0%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

RKLX largest drawdowns

Now 91.9% below the high
PeakDeclineBottomRecoveredFallUnderwater
May 27, 2026−92.3%Oct 16, 2026not yet5 months5 months so far
Jan 16, 2026−71.7%Mar 30, 2026May 13, 20262 months4 months
Oct 15, 2025−70.7%Nov 20, 2025Dec 22, 202536 days2 months
Jul 18, 2025−40.4%Aug 20, 2025Oct 6, 202533 days3 months
Mar 25, 2025−36.7%Apr 4, 2025Apr 24, 202510 days30 days
Jun 9, 2025−27.5%Jun 13, 2025Jun 23, 20254 days14 days

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

RKLX risk statistics

StatisticSince 2025
Annualized return+119.3%
Volatility (annualized)217.6%
Sharpe ratio1.23
Sortino ratio2.92
Best month+159.7%
Worst month−63.3%
Best 12 months+929.8%
Worst 12 months−45.7%
Positive months61%
Beta vs S&P 500—
Correlation with S&P 500—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

RKLX rolling returns

Holding periodPeriodsWorstMedianBestPositive
1-year8−76.6%+67.9%+929.8%50%

Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.

RKLX performance overview

Defiance Daily Target 2X Long RKLB ETF (RKLX) returned −77.4% over the past year, with distributions reinvested. Since its first recorded price on Mar 13, 2025 it has returned +75.2%. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −92.3%, from May 27, 2026 to Oct 16, 2026; the fund has not yet regained that high. Volatility has been 217.6% a year.

Related: RKLX chart, RKLX dividends. See the RKLX overview for the latest quote and fund facts.

RKLX performance FAQ

What is the RKLX return over the past year?

RKLX returned −77.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 80.3%.

How much would $10,000 invested in RKLX be worth?

$10,000 invested in RKLX at its first recorded close on March 13, 2025 would be worth about $17,518 on October 23, 2026 with distributions reinvested.

What is the biggest drawdown of RKLX?

The largest peak-to-trough decline was −92.3% between May 27, 2026 and October 16, 2026. It has not yet recovered to that high; it is 91.9% below its peak.

How volatile is RKLX?

Over the past history RKLX had an annualized volatility of 217.6% and a Sharpe ratio of 1.23 (excess return over 1–3 month T-bills per unit of risk).