EDGH vs IONL
Comparison between 3EDGE DYNAMIC HARD ASSETS ETF (EDGH, ETF) and GRANITESHARES 2X LONG IONQ DAILY ETF (IONL, ETF).
EDGH vs IONL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
EDGH
$158M
Winner
IONL
$159M
Expense Ratio
EDGH
1.01%
IONL
N/A
Max Drawdown
Winner
EDGH
10.60%
IONL
93.41%
Sharpe Ratio
Winner
EDGH
1.22
IONL
0.91
5Y Beta
Winner
EDGH
0.11
IONL
4.99
EDGH vs IONL - Historical Returns
Returns include dividend reinvestment.
1M
EDGH
-5.40%
Winner
IONL
+44.25%
3M
EDGH
-4.13%
Winner
IONL
+129.71%
6M
Winner
EDGH
+11.85%
IONL
-22.09%
1Y
Winner
EDGH
+27.12%
IONL
-9.19%
Max(CAGR)
EDGH
+21.43%
Winner
IONL
+53.67%
EDGH vs IONL - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | EDGH | IONL |
|---|---|---|
| 2026 | +9.38% | +11.76% |
| 2025 | +27.74% | +38.57% |
| 2024 | -1.99% | N/A |
EDGH vs IONL Drawdown Comparison
The maximum drawdown for EDGH was -10.60%, occurring on Feb 2, 2026. Recovery took 28 trading sessions.
The maximum drawdown for IONL was -93.41%, occurring on Mar 30, 2026. This drawdown has not yet recovered.
The current EDGH drawdown is -7.26%. The current IONL drawdown is -71.65%.
| Rank | EDGH | IONL |
|---|---|---|
| #1 | -10.60% Jan 29, 2026 - Mar 11, 2026 | -93.41% Oct 13, 2025 - Mar 30, 2026 |
| #2 | -7.86% Oct 16, 2025 - Dec 22, 2025 | -49.40% May 27, 2025 - Sep 12, 2025 |
| #3 | -7.43% Mar 12, 2026 - May 11, 2026 | -37.57% Mar 25, 2025 - Apr 24, 2025 |
| #4 | -7.27% May 12, 2026 - Jun 5, 2026 | -33.63% Sep 23, 2025 - Oct 6, 2025 |
| #5 | -5.52% Apr 2, 2025 - Apr 17, 2025 | -22.02% Oct 7, 2025 - Oct 13, 2025 |
| #6 | -5.23% Oct 22, 2024 - Jan 30, 2025 | -10.92% May 2, 2025 - May 8, 2025 |
| #7 | -3.16% May 6, 2025 - Jun 12, 2025 | -10.34% May 20, 2025 - May 22, 2025 |
| #8 | -2.95% Feb 19, 2025 - Mar 17, 2025 | -9.84% Apr 25, 2025 - May 2, 2025 |
| #9 | -2.93% Jun 13, 2025 - Jul 22, 2025 | -5.95% May 14, 2025 - May 16, 2025 |
| #10 | -2.81% Dec 26, 2025 - Jan 6, 2026 | -4.23% May 8, 2025 - May 12, 2025 |
| #11 | -2.67% Jul 22, 2025 - Aug 28, 2025 | -0.86% May 22, 2025 - May 27, 2025 |
| #12 | -2.61% Apr 21, 2025 - May 6, 2025 | -0.05% May 16, 2025 - May 20, 2025 |
| #13 | -1.50% Oct 3, 2024 - Oct 11, 2024 | N/A |
| #14 | -1.25% Oct 8, 2025 - Oct 13, 2025 | N/A |
| #15 | -1.18% Jan 14, 2026 - Jan 20, 2026 | N/A |
Correlation
Correlation between EDGH and IONL is -0.27 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.27
-101
Select Stocks to Compare
Popular: EDGH vs SPYIONL vs SPY
More Comparisons
Compare with similar stocks