RKLZ vs CPRO

Comparison between Defiance Daily Target 2x Short RKLB ETF (RKLZ, ETF) and Russell 2000 Structured Alt Protection ETF - October (CPRO, ETF).

RKLZ vs CPRO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RKLZ(ETF)	CPRO(ETF)
Net Assets	$29M	$29M
Expense Ratio	N/A	0.69%
Max Drawdown	99.10%	3.36%
Sharpe Ratio	-2.16	1.82
5Y Beta	-7.80	0.15

Net Assets

Winner

RKLZ

$29M

CPRO

$29M

Expense Ratio

RKLZ

N/A

CPRO

0.69%

Max Drawdown

RKLZ

99.10%

Winner

CPRO

3.36%

Sharpe Ratio

RKLZ

-2.16

Winner

CPRO

1.82

5Y Beta

Winner

RKLZ

-7.80

CPRO

0.15

RKLZ vs CPRO - Historical Returns

Returns include dividend reinvestment.

Period	RKLZ	CPRO
1 month	-2.90%	+0.58%
3 months	-89.00%	+3.36%
6 months	-95.52%	+3.70%
1 year	N/A	+12.62%
Max(CAGR)	-99.92%	+7.63%

RKLZ

-2.90%

Winner

CPRO

+0.58%

RKLZ

-89.00%

Winner

CPRO

+3.36%

RKLZ

-95.52%

Winner

CPRO

+3.70%

RKLZ

N/A

CPRO

+12.62%

Max(CAGR)

RKLZ

-99.92%

Winner

CPRO

+7.63%

RKLZ vs CPRO - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	RKLZ	CPRO
2026	-91.13%	+3.68%
2025	-74.92%	+8.32%
2024	N/A	+0.59%

RKLZ vs CPRO Drawdown Comparison

The maximum drawdown for RKLZ was -99.10%, occurring on May 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for CPRO was -3.36%, occurring on Apr 8, 2025. Recovery took 144 trading sessions.

The current RKLZ drawdown is -98.39%. The current CPRO drawdown is -0.03%.

Rank	RKLZ	CPRO
#1	-99.10% Nov 20, 2025 - May 27, 2026	-3.36% Dec 2, 2024 - Jul 2, 2025
#2	-4.20% Nov 18, 2025 - Nov 20, 2025	-1.77% Jul 23, 2025 - Aug 13, 2025
#3	N/A	-1.44% Feb 26, 2026 - Apr 9, 2026
#4	N/A	-1.25% Oct 27, 2025 - Nov 26, 2025
#5	N/A	-1.05% Aug 13, 2025 - Aug 22, 2025
#6	N/A	-0.83% Nov 11, 2024 - Nov 25, 2024
#7	N/A	-0.82% Jul 10, 2025 - Jul 23, 2025
#8	N/A	-0.66% Jan 22, 2026 - Feb 9, 2026
#9	N/A	-0.56% Aug 28, 2025 - Sep 4, 2025
#10	N/A	-0.56% Jul 3, 2025 - Jul 9, 2025
#11	N/A	-0.53% Sep 23, 2025 - Sep 26, 2025
#12	N/A	-0.52% Oct 16, 2024 - Nov 6, 2024
#13	N/A	-0.48% Dec 11, 2025 - Jan 5, 2026
#14	N/A	-0.41% Jun 4, 2026 - Jun 5, 2026
#15	N/A	-0.41% May 6, 2026 - May 22, 2026

Correlation

Correlation between RKLZ and CPRO is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

-101