Record of Ragnarok does not feature any explicitly identifiable LGBTQ+ characters or themes. The narrative focuses on combat and the individual histories of its diverse cast of fighters, without exploring queer identities or relationships.

Record of Ragnarok does not feature any identifiable transsexual characters or themes within its narrative. The film's focus is on mythological and historical figures engaged in combat, with no depiction or exploration of transsexual identities or experiences.

Record of Ragnarok features several significant female characters, including the Valkyries and various goddesses. While Valkyries participate by forming Volund with male human champions, they do not engage in direct physical combat themselves. No female character is depicted defeating one or more male opponents in close-quarters physical combat.

The series adapts historical and mythological figures for its roster of fighters. All prominent characters, including gods and human champions, maintain their historically or canonically established genders as depicted in their source material or real-world history.

The anime "Record of Ragnarok" adapts characters from various mythologies and historical periods. The on-screen portrayals of these characters align with their established racial or ethnic depictions in the source manga and widely accepted historical/mythological contexts, without significant changes to their race.