RKLX vs JOET

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

RKLX vs JOET - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

RKLX

$236M

Winner

JOET

$236M

Expense Ratio

RKLX

N/A

JOET

0.29%

Max Drawdown

RKLX

71.71%

Winner

JOET

26.58%

Sharpe Ratio

Winner

RKLX

1.82

JOET

0.64

5Y Beta

RKLX

4.69

Winner

JOET

0.98

P/E Ratio

Winner

RKLX

-428.12

JOET

24.06

Forward P/E

RKLX

N/A

JOET

19.54

PEG Ratio

RKLX

N/A

JOET

0.14

5Y Dividends CAGR

RKLX

N/A

JOET

67.26%

5Y EPS CAGR

RKLX

N/A

JOET

21.23%

Debt to Equity

Winner

RKLX

0.08%

JOET

57.78%

P/S Ratio

RKLX

126.09

Winner

JOET

2.73

P/B Ratio

RKLX

37.84

Winner

JOET

4.53

RKLX vs JOET - Holdings Comparison

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

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

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

RKLX vs JOET - Historical Returns

Returns include dividend reinvestment.

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

Winner

RKLX

+60.90%

JOET

+2.86%

Winner

RKLX

+70.93%

JOET

+5.73%

Winner

RKLX

+166.29%

JOET

+5.01%

Winner

RKLX

+492.99%

JOET

+12.48%

5Y(CAGR)

RKLX

N/A

JOET

+10.46%

Max(CAGR)

Winner

RKLX

+600.97%

JOET

+12.00%

RKLX vs JOET - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

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

RKLX vs JOET Drawdown Comparison

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

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

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

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