IONZDefiance Daily Target 2X Short IONQ ETF

Take a bet1y track recordRanked #571 of 995 in this goal

Seeks daily inverse investment results of -2 times the daily percentage change in IonQ's share price.

By Defiance ETFs LLC · Launched 2025

Annual Cost

1.91%

#5,980 of 6,040 · expensive

Fund Size

$5M

#5,350 of 6,040 · small

Return (1Y)

-92.3%

Track Record

1 year

#4,409 of 6,040 · young

Performance

Total-return NAV · USD

Growth of $10,000

$861-91.4%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Inverse

Holdings

By weight

Concentration

single-stock exposure — holdings shown are derivatives collateral, not the fund's position

TREASURY BILL

30.7%

First American Government Obli

7.5%

N/A

2.5%

N/A

1.9%

N/A

1.6%

N/A

1.4%

N/A

0.3%

Asset allocation

Cash

132.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

188.0%High

Year-on-year price swings

Max drawdown

-98.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks daily inverse investment results of -2 times the daily percentage change in IonQ's share price.
Strategy: Actively managed ETF aiming for -200% of the daily performance of IonQ using derivatives like swaps and options. Focused on daily rebalancing to maintain inverse exposure.
Inception date: June 23, 2025
Fund family: Defiance ETFs LLC