JOET vs RKLX

Comparison between VIRTUS TERRANOVA U.S. QUALITY MOMENTUM ETF (JOET, ETF) and DEFIANCE DAILY TARGET 2X LONG RKLB ETF (RKLX, ETF).

JOET vs RKLX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JOET(ETF)	RKLX(ETF)
Net Assets	$236M	$236M
Expense Ratio	0.29%	N/A
Max Drawdown	26.58%	71.71%
Sharpe Ratio	0.64	1.82
5Y Beta	0.98	4.69
P/E Ratio	24.06	-428.12
Forward P/E	19.54	N/A
PEG Ratio	0.14	N/A
5Y Dividends CAGR	67.26%	N/A
5Y EPS CAGR	21.23%	N/A
Debt to Equity	57.78%	0.08%
P/S Ratio	2.73	126.09
P/B Ratio	4.53	37.84

Net Assets

Winner

JOET

$236M

RKLX

$236M

Expense Ratio

JOET

0.29%

RKLX

N/A

Max Drawdown

Winner

JOET

26.58%

RKLX

71.71%

Sharpe Ratio

JOET

0.64

Winner

RKLX

1.82

5Y Beta

Winner

JOET

0.98

RKLX

4.69

P/E Ratio

JOET

24.06

Winner

RKLX

-428.12

Forward P/E

JOET

19.54

RKLX

N/A

PEG Ratio

JOET

0.14

RKLX

N/A

5Y Dividends CAGR

JOET

67.26%

RKLX

N/A

5Y EPS CAGR

JOET

21.23%

RKLX

N/A

Debt to Equity

JOET

57.78%

Winner

RKLX

0.08%

P/S Ratio

Winner

JOET

2.73

RKLX

126.09

P/B Ratio

Winner

JOET

4.53

RKLX

37.84

JOET vs RKLX - Holdings Comparison

JOET and RKLX have 0 common holdings. Overlap is 0.00%

JOET's top 25 holdings weight is 23.70%. RKLX's top 25 holdings weight is 97.77%.

Rank	JOET	RKLX
#1	DEVON ENERGY CORP (DVN) - 1.65%	ROCKET LAB CORP (RKLB) - 96.77%
#2	DATADOG INC CLASS A (DDOG) - 1.30%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 1.00%
#3	MICRON TECHNOLOGY INC (MU) - 1.07%	N/A
#4	CISCO SYSTEMS INC (CSCO) - 1.05%	N/A
#5	ADVANCED MICRO DEVICES INC (AMD) - 0.99%	N/A
#6	ELI LILLY AND CO (LLY) - 0.94%	N/A
#7	EBAY INC (EBAY) - 0.91%	N/A
#8	WESTERN DIGITAL CORP (WDC) - 0.91%	N/A
#9	FIRST SOLAR INC (FSLR) - 0.90%	N/A
#10	MONSTER BEVERAGE CORP (MNST) - 0.90%	N/A
#11	QUANTA SERVICES INC (PWR) - 0.90%	N/A
#12	APPLE INC (AAPL) - 0.89%	N/A
#13	ALPHABET INC CLASS A (GOOGL) - 0.89%	N/A
#14	MARVELL TECHNOLOGY INC (MRVL) - 0.89%	N/A
#15	NETAPP INC (NTAP) - 0.89%	N/A
#16	HEICO CORP (HEI) - 0.88%	N/A
#17	ILLUMINA INC (ILMN) - 0.88%	N/A
#18	GENERAL DYNAMICS CORP (GD) - 0.87%	N/A
#19	EOG RESOURCES INC (EOG) - 0.87%	N/A
#20	W.W. GRAINGER INC (GWW) - 0.86%	N/A
#21	ZOOM COMMUNICATIONS INC (ZM) - 0.86%	N/A
#22	CME GROUP INC CLASS A (CME) - 0.86%	N/A
#23	DIAMONDBACK ENERGY INC (FANG) - 0.85%	N/A
#24	n/a (EXPD) - 0.85%	N/A
#25	HOWMET AEROSPACE INC (HWM) - 0.84%	N/A
Total Holdings	125	2

JOET vs RKLX - Historical Returns

Returns include dividend reinvestment.

Period	JOET	RKLX
1 month	+2.86%	+60.90%
3 months	+5.73%	+70.93%
6 months	+5.01%	+166.29%
1 year	+12.48%	+492.99%
5 years(CAGR)	+10.46%	N/A
Max(CAGR)	+12.00%	+600.97%

JOET

+2.86%

Winner

RKLX

+60.90%

JOET

+5.73%

Winner

RKLX

+70.93%

JOET

+5.01%

Winner

RKLX

+166.29%

JOET

+12.48%

Winner

RKLX

+492.99%

5Y(CAGR)

JOET

+10.46%

RKLX

N/A

Max(CAGR)

JOET

+12.00%

Winner

RKLX

+600.97%

JOET vs RKLX - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	JOET	RKLX
2026	+4.86%	+23.37%
2025	+11.77%	+653.38%
2024	+25.51%	N/A
2023	+17.11%	N/A
2022	-17.36%	N/A
2021	+28.56%	N/A
2020	+6.00%	N/A

JOET vs RKLX Drawdown Comparison

The maximum drawdown for JOET was -26.58%, occurring on Jun 17, 2022. Recovery took 533 trading sessions.

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

The current JOET drawdown is -2.42%. The current RKLX drawdown is -49.11%.

Rank	JOET	RKLX
#1	-26.58% Dec 27, 2021 - Feb 9, 2024	-71.71% Jan 16, 2026 - May 13, 2026
#2	-19.56% Dec 6, 2024 - Jun 30, 2025	-70.71% Oct 15, 2025 - Dec 22, 2025
#3	-10.42% Jan 6, 2026 - May 6, 2026	-49.11% May 27, 2026 - Jun 5, 2026
#4	-9.06% Jul 16, 2024 - Aug 23, 2024	-40.41% Jul 18, 2025 - Oct 6, 2025
#5	-8.96% Feb 12, 2021 - Apr 5, 2021	-36.70% Mar 25, 2025 - Apr 24, 2025
#6	-7.36% Sep 3, 2021 - Oct 21, 2021	-27.47% Jun 9, 2025 - Jun 23, 2025
#7	-6.68% Mar 28, 2024 - Jul 3, 2024	-22.78% May 8, 2025 - May 14, 2025
#8	-6.35% Oct 27, 2025 - Jan 6, 2026	-20.33% Dec 22, 2025 - Jan 6, 2026
#9	-5.63% Nov 16, 2021 - Dec 27, 2021	-17.73% May 28, 2025 - Jun 9, 2025
#10	-4.99% Apr 26, 2021 - Jun 11, 2021	-13.14% May 20, 2026 - May 22, 2026
#11	-4.59% Aug 30, 2024 - Sep 17, 2024	-11.76% May 14, 2026 - May 20, 2026
#12	-4.50% Jan 20, 2021 - Feb 8, 2021	-11.64% Mar 17, 2025 - Mar 24, 2025
#13	-3.47% Jul 25, 2025 - Aug 27, 2025	-10.30% Jun 26, 2025 - Jul 7, 2025
#14	-3.43% Oct 14, 2024 - Nov 6, 2024	-8.20% Apr 28, 2025 - May 2, 2025
#15	-3.04% Oct 8, 2025 - Oct 27, 2025	-7.16% Oct 9, 2025 - Oct 14, 2025