IONL: GraniteShares 2x Long IONQ Daily ETF
Performance
IONL -87.30%
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Summary
IONL at a glance
IONL returned -87.30% over the past year. Its worst drop in that year was -92.53%, smaller than 2% of ETFs on Redstone, and its Sharpe ratio of -0.22 beats 31% of ETFs on Redstone. It pays no dividends.
Current Drawdown
-87.30%
Rolling Volatility
245.12%
Actions
Metrics
Risk Indicators
Alpha-108.52%
Beta6.88x
Sharpe-0.22
Sortino-0.34
Omega0.96
Calmar-0.94
Martin-0.60
Profile
About IONL
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of IonQ, Inc. (NYSE: IONQ). The Fund is an actively managed exchange-traded fund that attempts to replicate 2 times (200%) daily percentage change of the Underlying Stock by entering into financial instruments such as swaps and options on the Underlying Stock as well as directly purchasing the Underlying Stock.
From its prospectus, filed Oct 28, 2026- Category
- Leveraged
- Expense ratio
- 1.91%
- Tracks
- 2× IONQ daily
- Inception
- Mar 2025
Comparisons