HIO vs RKLX

Comparison between Western Asset High Income Opportunity Fund Inc (HIO, ETF) and DEFIANCE DAILY TARGET 2X LONG RKLB ETF (RKLX, ETF).

HIO vs RKLX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIO(ETF)	RKLX(ETF)
Net Assets	$373M	$372M
Max Drawdown	68.83%	71.71%
Sharpe Ratio	0.07	1.67
5Y Beta	0.36	4.70
P/E Ratio	N/A	-305.61
5Y Dividends CAGR	3.83%	N/A
Debt to Equity	N/A	0.08%
P/S Ratio	N/A	98.60
P/B Ratio	N/A	29.59

Net Assets

Winner

HIO

$373M

RKLX

$372M

Max Drawdown

Winner

HIO

68.83%

RKLX

71.71%

Sharpe Ratio

HIO

0.07

Winner

RKLX

1.67

5Y Beta

Winner

HIO

0.36

RKLX

4.70

P/E Ratio

HIO

N/A

RKLX

-305.61

5Y Dividends CAGR

HIO

3.83%

RKLX

N/A

Debt to Equity

HIO

N/A

RKLX

0.08%

P/S Ratio

HIO

N/A

RKLX

98.60

P/B Ratio

HIO

N/A

RKLX

29.59

HIO vs RKLX - Historical Returns

Returns include dividend reinvestment.

Period	HIO	RKLX
1 month	+0.28%	-51.29%
3 months	+3.25%	+50.13%
6 months	+2.83%	-8.97%
1 year	+3.47%	+217.32%
5 years(CAGR)	+2.63%	N/A
10 years(CAGR)	+5.92%	N/A
Max(CAGR)	+6.07%	+440.44%

Winner

HIO

+0.28%

RKLX

-51.29%

HIO

+3.25%

Winner

RKLX

+50.13%

Winner

HIO

+2.83%

RKLX

-8.97%

HIO

+3.47%

Winner

RKLX

+217.32%

5Y(CAGR)

HIO

+2.63%

RKLX

N/A

10Y(CAGR)

HIO

+5.92%

RKLX

N/A

Max(CAGR)

HIO

+6.07%

Winner

RKLX

+440.44%

HIO vs RKLX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HIO	RKLX
2026	+3.50%	-3.07%
2025	+4.24%	+653.38%
2024	+11.22%	N/A
2023	+9.15%	N/A
2022	-16.61%	N/A
2021	+13.00%	N/A
2020	+6.07%	N/A
2019	+22.81%	N/A
2018	-8.66%	N/A
2017	+7.03%	N/A
2016	+17.18%	N/A
2015	-5.50%	N/A
2014	-3.52%	N/A
2013	-2.90%	N/A
2012	+12.31%	N/A
2011	+9.77%	N/A
2010	+11.29%	N/A
2009	+61.70%	N/A
2008	-26.06%	N/A
2007	-2.65%	N/A
2006	+22.13%	N/A
2005	-1.20%	N/A
2004	+2.18%	N/A
2003	+24.35%	N/A
2002	-7.05%	N/A
2001	-1.23%	N/A
2000	+11.80%	N/A
1999	-3.82%	N/A

HIO vs RKLX Drawdown Comparison

The maximum drawdown for HIO was -49.61%, occurring on Nov 20, 2008. Recovery took 554 trading sessions.

The maximum drawdown for RKLX was -71.71%, occurring on Mar 30, 2026. Recovery took 80 trading sessions.

The current HIO drawdown is -1.89%. The current RKLX drawdown is -60.02%.

Rank	HIO	RKLX
#1	-49.61% Jun 1, 2007 - Aug 12, 2009	-71.71% Jan 16, 2026 - May 13, 2026
#2	-40.57% Feb 20, 2020 - Aug 24, 2020	-70.71% Oct 15, 2025 - Dec 22, 2025
#3	-32.15% Feb 15, 2001 - Jun 12, 2003	-60.02% May 27, 2026 - Jun 22, 2026
#4	-26.19% Sep 9, 2021 - Sep 16, 2024	-40.41% Jul 18, 2025 - Oct 6, 2025
#5	-20.75% Jun 18, 2014 - Aug 18, 2016	-36.70% Mar 25, 2025 - Apr 24, 2025
#6	-16.72% Jan 20, 2004 - Nov 4, 2004	-27.47% Jun 9, 2025 - Jun 23, 2025
#7	-15.95% Jul 31, 2000 - Jan 10, 2001	-22.78% May 8, 2025 - May 14, 2025
#8	-15.05% May 12, 2011 - Jan 13, 2012	-20.33% Dec 22, 2025 - Jan 6, 2026
#9	-13.29% Mar 7, 2025 - Jul 1, 2025	-17.73% May 28, 2025 - Jun 9, 2025
#10	-13.25% Jan 2, 2018 - Jan 31, 2019	-13.14% May 20, 2026 - May 22, 2026
#11	-12.80% May 22, 2013 - May 8, 2014	-11.76% May 14, 2026 - May 20, 2026
#12	-11.36% Sep 24, 2012 - Jan 10, 2013	-11.64% Mar 17, 2025 - Mar 24, 2025
#13	-11.31% Apr 26, 2010 - Aug 9, 2010	-10.30% Jun 26, 2025 - Jul 7, 2025
#14	-10.95% Jun 13, 2003 - Dec 31, 2003	-8.20% Apr 28, 2025 - May 2, 2025
#15	-10.61% Nov 5, 1999 - May 31, 2000	-7.16% Oct 9, 2025 - Oct 14, 2025

Correlation

Correlation between HIO and RKLX is 0.62 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.62

-101

Dividend Comparison (1999 - 2026)

HIO vs RKLX dividend yield comparison.

Year	HIO	RKLX
2026	4.88%	0.00%
2025	11.48%	14.94%
2024	10.84%	0.00%
2023	9.90%	0.00%
2022	9.11%	0.00%
2021	7.02%	0.00%
2020	7.86%	0.00%
2019	6.91%	0.00%
2018	7.31%	0.00%
2017	7.04%	0.00%
2016	8.44%	0.00%
2015	9.08%	0.00%
2014	8.06%	0.00%
2013	8.55%	0.00%
2012	7.81%	0.00%
2011	8.47%	0.00%
2010	9.70%	0.00%
2009	10.33%	0.00%
2008	14.47%	0.00%
2007	9.08%	0.00%
2006	9.04%	0.00%
2005	9.44%	0.00%
2004	8.93%	0.00%
2003	9.94%	0.00%
2002	12.25%	0.00%
2001	14.16%	0.00%
2000	11.14%	0.00%
1999	1.88%	0.00%