IONZ: Defiance Daily Target 2x Short IONQ ETF
Performance
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Summary
IONZ at a glance
IONZ returned -90.81% over the past year. Its worst drop in that year was -95.22%, smaller than 1% of ETFs on Redstone, and its Sharpe ratio of -0.24 beats 30% of ETFs on Redstone. It pays no dividends.
Current Drawdown
-94.92%
Rolling Volatility
250.63%
Metrics
Risk Indicators
Profile
About IONZ
The Fund seeks daily inverse investment results, before fees and expenses, of-2 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 2 times the inverse (-200%) of the daily percentage change in the price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts.
From its prospectus, filed Aug 28, 2026- Category
- Inverse
- Expense ratio
- 1.91%
- Tracks
- -2× IONQ daily
- Inception
- Jun 2025
Comparisons