RKLX vs HIO
Comparison between DEFIANCE DAILY TARGET 2X LONG RKLB ETF (RKLX, ETF) and Western Asset High Income Opportunity Fund Inc (HIO, ETF).
RKLX vs HIO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
RKLX
$372M
Winner
HIO
$373M
Max Drawdown
RKLX
71.71%
Winner
HIO
68.83%
Sharpe Ratio
Winner
RKLX
1.67
HIO
0.07
5Y Beta
RKLX
4.70
Winner
HIO
0.36
P/E Ratio
RKLX
-305.61
HIO
N/A
5Y Dividends CAGR
RKLX
N/A
HIO
3.83%
Debt to Equity
RKLX
0.08%
HIO
N/A
P/S Ratio
RKLX
98.60
HIO
N/A
P/B Ratio
RKLX
29.59
HIO
N/A
RKLX vs HIO - Historical Returns
Returns include dividend reinvestment.
1M
RKLX
-51.29%
Winner
HIO
+0.28%
3M
Winner
RKLX
+50.13%
HIO
+3.25%
6M
RKLX
-8.97%
Winner
HIO
+2.83%
1Y
Winner
RKLX
+217.32%
HIO
+3.47%
5Y(CAGR)
RKLX
N/A
HIO
+2.63%
10Y(CAGR)
RKLX
N/A
HIO
+5.92%
Max(CAGR)
Winner
RKLX
+440.44%
HIO
+6.07%
RKLX vs HIO - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | RKLX | HIO |
|---|---|---|
| 2026 | -3.07% | +3.50% |
| 2025 | +653.38% | +4.24% |
| 2024 | N/A | +11.22% |
| 2023 | N/A | +9.15% |
| 2022 | N/A | -16.61% |
| 2021 | N/A | +13.00% |
| 2020 | N/A | +6.07% |
| 2019 | N/A | +22.81% |
| 2018 | N/A | -8.66% |
| 2017 | N/A | +7.03% |
| 2016 | N/A | +17.18% |
| 2015 | N/A | -5.50% |
| 2014 | N/A | -3.52% |
| 2013 | N/A | -2.90% |
| 2012 | N/A | +12.31% |
| 2011 | N/A | +9.77% |
| 2010 | N/A | +11.29% |
| 2009 | N/A | +61.70% |
| 2008 | N/A | -26.06% |
| 2007 | N/A | -2.65% |
| 2006 | N/A | +22.13% |
| 2005 | N/A | -1.20% |
| 2004 | N/A | +2.18% |
| 2003 | N/A | +24.35% |
| 2002 | N/A | -7.05% |
| 2001 | N/A | -1.23% |
| 2000 | N/A | +11.80% |
| 1999 | N/A | -3.82% |
RKLX vs HIO Drawdown Comparison
The maximum drawdown for RKLX was -71.71%, occurring on Mar 30, 2026. Recovery took 80 trading sessions.
The maximum drawdown for HIO was -49.61%, occurring on Nov 20, 2008. Recovery took 554 trading sessions.
The current RKLX drawdown is -60.02%. The current HIO drawdown is -1.89%.
| Rank | RKLX | HIO |
|---|---|---|
| #1 | -71.71% Jan 16, 2026 - May 13, 2026 | -49.61% Jun 1, 2007 - Aug 12, 2009 |
| #2 | -70.71% Oct 15, 2025 - Dec 22, 2025 | -40.57% Feb 20, 2020 - Aug 24, 2020 |
| #3 | -60.02% May 27, 2026 - Jun 22, 2026 | -32.15% Feb 15, 2001 - Jun 12, 2003 |
| #4 | -40.41% Jul 18, 2025 - Oct 6, 2025 | -26.19% Sep 9, 2021 - Sep 16, 2024 |
| #5 | -36.70% Mar 25, 2025 - Apr 24, 2025 | -20.75% Jun 18, 2014 - Aug 18, 2016 |
| #6 | -27.47% Jun 9, 2025 - Jun 23, 2025 | -16.72% Jan 20, 2004 - Nov 4, 2004 |
| #7 | -22.78% May 8, 2025 - May 14, 2025 | -15.95% Jul 31, 2000 - Jan 10, 2001 |
| #8 | -20.33% Dec 22, 2025 - Jan 6, 2026 | -15.05% May 12, 2011 - Jan 13, 2012 |
| #9 | -17.73% May 28, 2025 - Jun 9, 2025 | -13.29% Mar 7, 2025 - Jul 1, 2025 |
| #10 | -13.14% May 20, 2026 - May 22, 2026 | -13.25% Jan 2, 2018 - Jan 31, 2019 |
| #11 | -11.76% May 14, 2026 - May 20, 2026 | -12.80% May 22, 2013 - May 8, 2014 |
| #12 | -11.64% Mar 17, 2025 - Mar 24, 2025 | -11.36% Sep 24, 2012 - Jan 10, 2013 |
| #13 | -10.30% Jun 26, 2025 - Jul 7, 2025 | -11.31% Apr 26, 2010 - Aug 9, 2010 |
| #14 | -8.20% Apr 28, 2025 - May 2, 2025 | -10.95% Jun 13, 2003 - Dec 31, 2003 |
| #15 | -7.16% Oct 9, 2025 - Oct 14, 2025 | -10.61% Nov 5, 1999 - May 31, 2000 |
Correlation
Correlation between RKLX and HIO 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)
RKLX vs HIO dividend yield comparison.
| Year | RKLX | HIO |
|---|---|---|
| 2026 | 0.00% | 4.88% |
| 2025 | 14.94% | 11.48% |
| 2024 | 0.00% | 10.84% |
| 2023 | 0.00% | 9.90% |
| 2022 | 0.00% | 9.11% |
| 2021 | 0.00% | 7.02% |
| 2020 | 0.00% | 7.86% |
| 2019 | 0.00% | 6.91% |
| 2018 | 0.00% | 7.31% |
| 2017 | 0.00% | 7.04% |
| 2016 | 0.00% | 8.44% |
| 2015 | 0.00% | 9.08% |
| 2014 | 0.00% | 8.06% |
| 2013 | 0.00% | 8.55% |
| 2012 | 0.00% | 7.81% |
| 2011 | 0.00% | 8.47% |
| 2010 | 0.00% | 9.70% |
| 2009 | 0.00% | 10.33% |
| 2008 | 0.00% | 14.47% |
| 2007 | 0.00% | 9.08% |
| 2006 | 0.00% | 9.04% |
| 2005 | 0.00% | 9.44% |
| 2004 | 0.00% | 8.93% |
| 2003 | 0.00% | 9.94% |
| 2002 | 0.00% | 12.25% |
| 2001 | 0.00% | 14.16% |
| 2000 | 0.00% | 11.14% |
| 1999 | 0.00% | 1.88% |
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