ROKT vs SPDN

Comparison between STATE STREET(R) SPDR(R) S&P KENSHO FINAL FRONTIERS ETF (ROKT, ETF) and DIREXION DAILY S&P 500 (R) BEAR 1X SHARES (SPDN, ETF).

5-Year PerformanceROKT has outperformed SPDN, delivering a return of +23.0% compared to -7.8%

ROKT vs SPDN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ROKT(ETF)	SPDN(ETF)
Net Assets	$228M	$229M
Expense Ratio	0.45%	0.48%
Max Drawdown	43.29%	80.11%
Sharpe Ratio	1.47	-1.22
5Y Beta	1.22	-0.97
P/E Ratio	58.85	N/A
Forward P/E	24.44	N/A
PEG Ratio	0.72	N/A
5Y Dividends CAGR	-12.71%	N/A
5Y EPS CAGR	10.15%	N/A
Debt to Equity	59.81%	N/A
P/S Ratio	2.68	N/A
P/B Ratio	4.71	N/A

Net Assets

ROKT

$228M

Winner

SPDN

$229M

Expense Ratio

Winner

ROKT

0.45%

SPDN

0.48%

Max Drawdown

Winner

ROKT

43.29%

SPDN

80.11%

Sharpe Ratio

Winner

ROKT

1.47

SPDN

-1.22

5Y Beta

ROKT

1.22

Winner

SPDN

-0.97

P/E Ratio

ROKT

58.85

SPDN

N/A

Forward P/E

ROKT

24.44

SPDN

N/A

PEG Ratio

ROKT

0.72

SPDN

N/A

5Y Dividends CAGR

ROKT

-12.71%

SPDN

N/A

5Y EPS CAGR

ROKT

10.15%

SPDN

N/A

Debt to Equity

ROKT

59.81%

SPDN

N/A

P/S Ratio

ROKT

2.68

SPDN

N/A

P/B Ratio

ROKT

4.71

SPDN

N/A

ROKT vs SPDN - Historical Returns

Returns include dividend reinvestment.

Period	ROKT	SPDN
1 month	+0.16%	-3.18%
3 months	-14.38%	-1.06%
6 months	+7.69%	-7.79%
1 year	+58.45%	-12.32%
5 years(CAGR)	+23.02%	-7.81%
10 years(CAGR)	N/A	-12.30%
Max(CAGR)	+19.19%	-12.33%

Winner

ROKT

+0.16%

SPDN

-3.18%

ROKT

-14.38%

Winner

SPDN

-1.06%

Winner

ROKT

+7.69%

SPDN

-7.79%

Winner

ROKT

+58.45%

SPDN

-12.32%

5Y(CAGR)

Winner

ROKT

+23.02%

SPDN

-7.81%

10Y(CAGR)

ROKT

N/A

SPDN

-12.30%

Max(CAGR)

Winner

ROKT

+19.19%

SPDN

-12.33%

ROKT vs SPDN - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	ROKT	SPDN
2026	+26.01%	-8.47%
2025	+49.87%	-11.32%
2024	+29.56%	-13.44%
2023	+14.50%	-15.40%
2022	-1.24%	+19.39%
2021	+7.93%	-24.71%
2020	+6.47%	-23.87%
2019	+40.67%	-21.99%
2018	-13.19%	+6.21%
2017	N/A	-16.49%
2016	N/A	-6.92%

ROKT vs SPDN Drawdown Comparison

The maximum drawdown for ROKT was -43.16%, occurring on Mar 23, 2020. Recovery took 209 trading sessions.

The maximum drawdown for SPDN was -75.72%, occurring on Aug 13, 2026. This drawdown has not yet recovered.

The current ROKT drawdown is -18.43%. The current SPDN drawdown is -75.34%.

Rank	ROKT	SPDN
#1	-43.16% Feb 11, 2020 - Dec 8, 2020	-75.72% Jun 27, 2016 - Aug 13, 2026
#2	-23.47% Jan 21, 2025 - Jun 23, 2025	-2.37% Jun 16, 2016 - Jun 24, 2016
#3	-23.29% Jun 25, 2021 - Jun 16, 2023	N/A
#4	-22.83% May 28, 2026 - Jul 29, 2026	N/A
#5	-17.95% Oct 23, 2018 - Feb 6, 2019	N/A
#6	-14.43% Jul 20, 2023 - Dec 22, 2023	N/A
#7	-11.40% Mar 2, 2026 - Apr 8, 2026	N/A
#8	-10.28% Oct 8, 2025 - Dec 10, 2025	N/A
#9	-8.76% Jan 27, 2026 - Feb 19, 2026	N/A
#10	-8.47% Nov 29, 2024 - Jan 21, 2025	N/A
#11	-7.55% Jul 31, 2024 - Aug 19, 2024	N/A
#12	-6.97% Dec 27, 2023 - May 9, 2024	N/A
#13	-6.85% Dec 11, 2025 - Dec 22, 2025	N/A
#14	-6.81% Apr 17, 2026 - May 11, 2026	N/A
#15	-6.25% Feb 9, 2021 - Mar 12, 2021	N/A

Correlation

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

-0.66

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