IONX: Defiance Daily Target 2X Long IONQ ETF
Performance
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Summary
IONX at a glance
IONX returned -88.85% over the past year. Its worst drop in that year was -93.40%, smaller than 2% of ETFs on Redstone, and its Sharpe ratio of -0.29 beats 28% of ETFs on Redstone. It pays no dividends.
Current Drawdown
-88.85%
Rolling Volatility
242.85%
Metrics
Risk Indicators
Profile
About IONX
The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of IonQ, Inc. (NYSE: IONQ). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day. The Fund is an actively managed exchange traded fund that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts.
From its prospectus, filed Aug 28, 2026- Category
- Leveraged
- Expense ratio
- 1.38%
- Tracks
- 2× IONQ daily
- Inception
- Mar 2025
Comparisons