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SMCX vs IXN

Defiance Daily Target 2X Long SMCI ETF vs iShares Global Tech ETF

SMCX

Defiance Daily Target 2X Long SMCI ETF

Defiance ETFs LLC

Annual cost

1.43%

Fund size

$106M

IXN

iShares Global Tech ETF

iShares

Annual cost

0.39%

Fund size

$7.8B

Key differences

  • IXN costs 1.04% less per year.
  • IXN is significantly larger than SMCX — larger funds tend to be more liquid and less likely to close.
  • SMCX covers north america markets; IXN covers global.
  • SMCX follows a leveraged strategy; IXN uses index tracking.
  • IXN has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SMCXIXN
Annual cost (TER)1.43%0.39%
Fund size (AUM)$106M$7.8B
Since20242001
Dividend yield8.67%0.28%
Asset classequityequity
Regionnorth americaglobal
Strategyleveragedindex tracking
CAGR 1Y-70.2%+70.3%
CAGR 3YN/A+35.9%
CAGR 5YN/A+22.8%
Sharpe 3YN/A1.26
Volatility 1Y154.12%21.79%
Max drawdown-99.02%-36.30%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to SMCX and IXN