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RVNL vs RAAY

Comparison between GRANITESHARES 2X LONG RIVN DAILY ETF (RVNL, ETF) and RECKONER YIELD ENHANCED AAA CLO ANNUAL ETF (RAAY, ETF).

RVNL vs RAAY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
RVNL
$15M
RAAY
$15M
Expense Ratio
RVNL
N/A
RAAY
0.35%
Max Drawdown
RVNL
72.92%
Winner
RAAY
0.62%
Sharpe Ratio
RVNL
0.58
Winner
RAAY
0.96
5Y Beta
RVNL
3.62
Winner
RAAY
0.00

RVNL vs RAAY - Historical Returns

Returns include dividend reinvestment.

1M
Winner
RVNL
+25.03%
RAAY
+0.30%
3M
RVNL
-12.25%
Winner
RAAY
+1.30%
6M
RVNL
-17.17%
Winner
RAAY
+2.20%
1Y
RVNL
-8.00%
RAAY
N/A
Max(CAGR)
Winner
RVNL
+18.31%
RAAY
+5.09%

RVNL vs RAAY - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

YearRVNLRAAY
2026-41.36%+2.20%
2025+117.81%N/A

RVNL vs RAAY Drawdown Comparison

The maximum drawdown for RVNL was -72.92%, occurring on May 19, 2026. This drawdown has not yet recovered.

The maximum drawdown for RAAY was -0.62%, occurring on Mar 9, 2026. Recovery took 23 trading sessions.

The current RVNL drawdown is -56.59%. The current RAAY drawdown is -0.01%.

RankRVNLRAAY
#1-72.92%
Dec 19, 2025 - May 19, 2026
-0.62%
Mar 2, 2026 - Apr 2, 2026
#2-55.35%
May 20, 2025 - Dec 18, 2025
-0.23%
May 29, 2026 - Jun 17, 2026
#3-16.14%
May 2, 2025 - May 9, 2025
-0.13%
Feb 23, 2026 - Mar 2, 2026
#4-0.52%
May 13, 2025 - May 15, 2025
-0.12%
Feb 17, 2026 - Feb 23, 2026
#5N/A-0.02%
Apr 20, 2026 - Apr 24, 2026
#6N/A-0.02%
Jul 13, 2026 - Jul 15, 2026
#7N/A-0.02%
Jun 23, 2026 - Jun 26, 2026
#8N/A-0.01%
Jul 15, 2026 - Jul 16, 2026
#9N/A-0.01%
Jun 30, 2026 - Jul 2, 2026
#10N/A-0.01%
May 18, 2026 - May 22, 2026
#11N/A-0.00%
Apr 27, 2026 - Apr 29, 2026
#12N/A-0.00%
May 6, 2026 - May 8, 2026

Correlation

Correlation between RVNL and RAAY is 0.68 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.68
-101

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