TMSF vs RKLZ

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

TMSF vs RKLZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

TMSF

$29M

RKLZ

$29M

Expense Ratio

TMSF

0.37%

RKLZ

N/A

Max Drawdown

Winner

TMSF

3.51%

RKLZ

99.10%

Sharpe Ratio

Winner

TMSF

0.63

RKLZ

-2.37

5Y Beta

TMSF

0.13

Winner

RKLZ

-7.92

TMSF vs RKLZ - Historical Returns

Returns include dividend reinvestment.

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

Winner

TMSF

+0.42%

RKLZ

-2.90%

Winner

TMSF

+2.24%

RKLZ

-89.00%

Winner

TMSF

+2.48%

RKLZ

-95.52%

Max(CAGR)

Winner

TMSF

+5.79%

RKLZ

-99.92%

TMSF vs RKLZ - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

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

TMSF vs RKLZ Drawdown Comparison

The maximum drawdown for TMSF was -2.28%, occurring on Mar 27, 2026. Recovery took 38 trading sessions.

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

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

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

Correlation

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

-0.66

-101