BSMS vs IONX

Comparison between INVESCO BULLETSHARES 2028 MUNICIPAL BOND ETF (BSMS, ETF) and DEFIANCE DAILY TARGET 2X LONG IONQ ETF (IONX, ETF).

BSMS vs IONX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BSMS(ETF)	IONX(ETF)
Net Assets	$299M	$297M
Expense Ratio	0.18%	N/A
Max Drawdown	16.51%	93.90%
Sharpe Ratio	0.17	0.66
5Y Beta	0.01	5.29
5Y Dividends CAGR	10.28%	N/A

Net Assets

Winner

BSMS

$299M

IONX

$297M

Expense Ratio

BSMS

0.18%

IONX

N/A

Max Drawdown

Winner

BSMS

16.51%

IONX

93.90%

Sharpe Ratio

BSMS

0.17

Winner

IONX

0.66

5Y Beta

Winner

BSMS

0.01

IONX

5.29

5Y Dividends CAGR

BSMS

10.28%

IONX

N/A

BSMS vs IONX - Historical Returns

Returns include dividend reinvestment.

Period	BSMS	IONX
1 month	-0.02%	+20.97%
3 months	-0.22%	+82.63%
6 months	+1.10%	-35.10%
1 year	+3.85%	-19.54%
5 years(CAGR)	+0.03%	N/A
Max(CAGR)	+1.15%	+46.26%

BSMS

-0.02%

Winner

IONX

+20.97%

BSMS

-0.22%

Winner

IONX

+82.63%

Winner

BSMS

+1.10%

IONX

-35.10%

Winner

BSMS

+3.85%

IONX

-19.54%

5Y(CAGR)

BSMS

+0.03%

IONX

N/A

Max(CAGR)

BSMS

+1.15%

Winner

IONX

+46.26%

BSMS vs IONX - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	BSMS	IONX
2026	+0.60%	-11.41%
2025	+3.52%	+67.10%
2024	+1.13%	N/A
2023	+4.78%	N/A
2022	-9.86%	N/A
2021	+1.34%	N/A
2020	+6.50%	N/A
2019	+0.22%	N/A

BSMS vs IONX Drawdown Comparison

The maximum drawdown for BSMS was -14.95%, occurring on Oct 31, 2022. This drawdown has not yet recovered.

The maximum drawdown for IONX was -93.75%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current BSMS drawdown is -1.26%. The current IONX drawdown is -78.20%.

Rank	BSMS	IONX
#1	-14.95% Jul 19, 2021 - Oct 31, 2022	-93.75% Oct 13, 2025 - Mar 30, 2026
#2	-14.01% Feb 27, 2020 - Jul 16, 2020	-50.31% May 27, 2025 - Sep 12, 2025
#3	-2.92% Feb 12, 2021 - Jun 8, 2021	-39.73% Mar 24, 2025 - Apr 24, 2025
#4	-2.40% Aug 10, 2020 - Nov 25, 2020	-33.90% Sep 23, 2025 - Oct 6, 2025
#5	-1.09% Sep 26, 2019 - Dec 3, 2019	-29.94% Mar 14, 2025 - Mar 24, 2025
#6	-0.66% Jun 10, 2021 - Jul 7, 2021	-21.88% Oct 7, 2025 - Oct 13, 2025
#7	-0.55% Jan 6, 2021 - Jan 28, 2021	-11.53% May 2, 2025 - May 8, 2025
#8	-0.43% Jan 31, 2020 - Feb 18, 2020	-11.05% Apr 25, 2025 - May 2, 2025
#9	-0.39% Jul 16, 2020 - Jul 20, 2020	-10.24% May 20, 2025 - May 22, 2025
#10	-0.32% Dec 4, 2019 - Dec 18, 2019	-4.67% May 14, 2025 - May 16, 2025
#11	-0.23% Dec 18, 2019 - Jan 2, 2020	-4.44% May 8, 2025 - May 12, 2025
#12	-0.16% Jan 17, 2020 - Jan 31, 2020	-3.69% Mar 12, 2025 - Mar 14, 2025
#13	-0.13% Nov 25, 2020 - Dec 7, 2020	-0.83% May 22, 2025 - May 27, 2025
#14	-0.13% Jul 8, 2021 - Jul 14, 2021	N/A
#15	-0.11% Dec 29, 2020 - Jan 4, 2021	N/A