{"url":"https://etfiq.com/compare/leverage/rklz-vs-rkx","section":"compare","title":"RKLZ vs RKX: which held to its multiple? | ETFIQ","description":"RKLZ sets out to return -2 times RKLB each day and RKX +2 times. Over the three months to Sep 30, 2026 they finished \u221239.8 pts and +1.9 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, RKLZ or RKX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, RKLZ finished 39.8 points from what its multiple implies and RKX finished 1.9 points from its own, so RKX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are RKLZ and RKX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Rocket Lab, RKLZ at -2 times and RKX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, RKLZ or RKX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window RKLZ\u2019s moved at 70% annualized and RKX\u2019s at 70%, so RKLZ has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold RKLZ or RKX for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, RKLZ or RKX?","acceptedAnswer":{"@type":"Answer","text":"RKLZ charges 1.29% a year and RKX charges 0.45%, so RKX is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"RKLZ vs RKX","item":"https://etfiq.com/compare/leverage/rklz-vs-rkx"}]},{"@type":"WebPage","name":"RKLZ vs RKX: which held to its multiple?","description":"RKLZ sets out to return -2 times RKLB each day and RKX +2 times. Over the three months to Sep 30, 2026 they finished \u221239.8 pts and +1.9 pts away.","url":"https://etfiq.com/compare/leverage/rklz-vs-rkx","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, RKLZ finished 21.5 points short and RKX 1.4 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of RKLZ and RKX","description":"RKLZ sets out to return -2 times RKLB each day and RKX +2 times. Over the three months to Sep 30, 2026 they finished \u221239.8 pts and +1.9 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/rklz-vs-rkx","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6973,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / RKLZ vs RKX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n RKLZ vs RKX: which held to its multiple?\n\n Over three months against its own daily promise, RKLZ finished 21.5 points short and RKX 1.4 points short.\n Copy this for sharing \n \n Defiance Daily Target 2X Short RKLB ETF and Corgi RKLB 2x Daily ETF.\n\n Download as PDF \n\n +20.9% RKLZ returned, 3 months \n \u221258.8% RKX returned, 3 months \n \u221239.8 pts RKLZ from its stated multiple \n +1.9 pts RKX from its stated multiple \n\n ETFIQ Decay Resistance Score: RKX scores higher\n Did it keep ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/rklz-vs-rkx","a":{"ticker":"RKLZ","name":"Defiance Daily Target 2X Short RKLB ETF","issuer":"Defiance","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: RKLZ returned +20.9% where its own daily promise gave +42.4%, 21.5 points short.","url":"https://etfiq.com/funds/rklz","key_facts":[{"label":"What RKLB did","value":"\u221230.4%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"+42.4%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+20.9%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u221221.5 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$7m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.29%","as_of":"2026-09-30","source":"485BPOS XBRL, Aug 26, 2026"}]},"b":{"ticker":"RKX","name":"Corgi RKLB 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: RKX returned \u221258.8% where its own daily promise gave \u221257.4%, 1.4 points short.","url":"https://etfiq.com/funds/rkx","key_facts":[{"label":"What RKLB did","value":"\u221230.4%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221257.4%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221258.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$697,453","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 5, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/rklz-vs-rkx"}