RKLZ vs TMSF

Comparison between Defiance Daily Target 2x Short RKLB ETF (RKLZ, ETF) and T. ROWE PRICE MULTI-SECTOR INCOME ETF (TMSF, ETF).

RKLZ vs TMSF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RKLZ(ETF)	TMSF(ETF)
Net Assets	$29M	$29M
Expense Ratio	N/A	0.37%
Max Drawdown	99.10%	3.51%
Sharpe Ratio	-2.37	0.63
5Y Beta	-7.92	0.13

Net Assets

RKLZ

$29M

TMSF

$29M

Expense Ratio

RKLZ

N/A

TMSF

0.37%

Max Drawdown

RKLZ

99.10%

Winner

TMSF

3.51%

Sharpe Ratio

RKLZ

-2.37

Winner

TMSF

0.63

5Y Beta

Winner

RKLZ

-7.92

TMSF

0.13

RKLZ vs TMSF - Historical Returns

Returns include dividend reinvestment.

Period	RKLZ	TMSF
1 month	-2.90%	+0.42%
3 months	-89.00%	+2.24%
6 months	-95.52%	+2.48%
Max(CAGR)	-99.92%	+5.79%

RKLZ

-2.90%

Winner

TMSF

+0.42%

RKLZ

-89.00%

Winner

TMSF

+2.24%

RKLZ

-95.52%

Winner

TMSF

+2.48%

Max(CAGR)

RKLZ

-99.92%

Winner

TMSF

+5.79%

RKLZ vs TMSF - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	RKLZ	TMSF
2026	-91.13%	+2.00%
2025	-74.92%	+1.29%

RKLZ vs TMSF 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 TMSF was -2.28%, occurring on Mar 27, 2026. Recovery took 38 trading sessions.

The current RKLZ drawdown is -98.39%. The current TMSF drawdown is -0.08%.

Rank	RKLZ	TMSF
#1	-99.10% Nov 20, 2025 - May 27, 2026	-2.28% Feb 18, 2026 - Apr 14, 2026
#2	-4.20% Nov 18, 2025 - Nov 20, 2025	-0.80% May 8, 2026 - May 28, 2026
#3	N/A	-0.56% May 29, 2026 - Jun 8, 2026
#4	N/A	-0.36% Apr 17, 2026 - May 6, 2026
#5	N/A	-0.31% Jan 23, 2026 - Feb 10, 2026
#6	N/A	-0.25% Jan 16, 2026 - Jan 22, 2026
#7	N/A	-0.19% Dec 3, 2025 - Dec 11, 2025
#8	N/A	-0.18% Nov 28, 2025 - Dec 3, 2025
#9	N/A	-0.16% Dec 11, 2025 - Dec 19, 2025
#10	N/A	-0.12% Dec 31, 2025 - Jan 6, 2026
#11	N/A	-0.11% May 6, 2026 - May 8, 2026
#12	N/A	-0.10% Feb 10, 2026 - Feb 12, 2026
#13	N/A	-0.09% Nov 20, 2025 - Nov 24, 2025
#14	N/A	-0.07% Jan 7, 2026 - Jan 9, 2026
#15	N/A	-0.04% Apr 15, 2026 - Apr 17, 2026

Correlation

Correlation between RKLZ and TMSF is -0.66 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.66

-101