CVNX vs SPOG

Comparison between DEFIANCE DAILY TARGET 2X LONG CVNA ETF (CVNX, ETF) and Leverage Shares 2X Long SPOT Daily ETF (SPOG, ETF).

CVNX vs SPOG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CVNX(ETF)	SPOG(ETF)
Net Assets	$4.10M	$4.10M
Max Drawdown	69.62%	64.41%
Sharpe Ratio	0.07	-0.81
5Y Beta	4.20	1.41

Net Assets

CVNX

$4.10M

SPOG

$4.10M

Max Drawdown

CVNX

69.62%

Winner

SPOG

64.41%

Sharpe Ratio

Winner

CVNX

0.07

SPOG

-0.81

5Y Beta

CVNX

4.20

Winner

SPOG

1.41

CVNX vs SPOG - Holdings Comparison

CVNX and SPOG have 0 common holdings. Overlap is 0.00%

CVNX's top 25 holdings weight is 5.64%. SPOG's top 25 holdings weight is 9.78%.

Rank	CVNX	SPOG
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 5.64%	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 9.78%
#2	N/A	N/A
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	1

CVNX vs SPOG - Historical Returns

Returns include dividend reinvestment.

Period	CVNX	SPOG
1 month	-23.31%	+41.40%
3 months	-0.25%	-21.94%
6 months	-53.30%	-35.61%
1 year	-37.73%	N/A
Max(CAGR)	-29.28%	-70.92%

CVNX

-23.31%

Winner

SPOG

+41.40%

Winner

CVNX

-0.25%

SPOG

-21.94%

CVNX

-53.30%

Winner

SPOG

-35.61%

CVNX

-37.73%

SPOG

N/A

Max(CAGR)

Winner

CVNX

-29.28%

SPOG

-70.92%

CVNX vs SPOG - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	CVNX	SPOG
2026	-40.00%	-35.69%
2025	+31.03%	-19.53%

CVNX vs SPOG Drawdown Comparison

The maximum drawdown for CVNX was -69.62%, occurring on Mar 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for SPOG was -64.41%, occurring on May 8, 2026. This drawdown has not yet recovered.

The current CVNX drawdown is -57.59%. The current SPOG drawdown is -49.67%.

Rank	CVNX	SPOG
#1	-69.62% Jan 22, 2026 - Mar 20, 2026	-64.41% Nov 17, 2025 - May 8, 2026
#2	-52.48% Jul 31, 2025 - Dec 8, 2025	N/A
#3	-30.93% Jun 4, 2025 - Jul 7, 2025	N/A
#4	-29.30% Dec 11, 2025 - Jan 22, 2026	N/A
#5	-17.67% Jul 7, 2025 - Jul 31, 2025	N/A