FEMG vs DKNX

Comparison between FIDELITY ENHANCED MID CAP GROWTH ETF (FEMG, ETF) and DEFIANCE DAILY TARGET 2X LONG DKNG ETF (DKNX, ETF).

FEMG vs DKNX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEMG(ETF)	DKNX(ETF)
Net Assets	$5M	$5.10M
Expense Ratio	0.23%	N/A
Max Drawdown	3.29%	86.10%
Sharpe Ratio	1.32	-1.46
5Y Beta	0.99	1.84
P/E Ratio	38.61	N/A
Forward P/E	23.15	N/A
PEG Ratio	0.17	N/A
5Y EPS CAGR	20.90%	N/A
Debt to Equity	113.49%	N/A
P/S Ratio	2.56	N/A
P/B Ratio	9.69	N/A

Net Assets

FEMG

$5M

Winner

DKNX

$5.10M

Expense Ratio

FEMG

0.23%

DKNX

N/A

Max Drawdown

Winner

FEMG

3.29%

DKNX

86.10%

Sharpe Ratio

Winner

FEMG

1.32

DKNX

-1.46

5Y Beta

Winner

FEMG

0.99

DKNX

1.84

P/E Ratio

FEMG

38.61

DKNX

N/A

Forward P/E

FEMG

23.15

DKNX

N/A

PEG Ratio

FEMG

0.17

DKNX

N/A

5Y EPS CAGR

FEMG

20.90%

DKNX

N/A

Debt to Equity

FEMG

113.49%

DKNX

N/A

P/S Ratio

FEMG

2.56

DKNX

N/A

P/B Ratio

FEMG

9.69

DKNX

N/A

FEMG vs DKNX - Holdings Comparison

FEMG and DKNX have 0 common holdings. Overlap is 0.00%

FEMG's top 25 holdings weight is 50.11%. DKNX's top 25 holdings weight is 0.35%.

Rank	FEMG	DKNX
#1	VERTIV HOLDINGS CO CLASS A (VRT) - 4.50%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.35%
#2	HOWMET AEROSPACE INC (HWM) - 3.95%	N/A
#3	QUANTA SERVICES INC (PWR) - 3.29%	N/A
#4	MONOLITHIC POWER SYSTEMS INC (MPWR) - 3.09%	N/A
#5	CLOUDFLARE INC (NET) - 2.75%	N/A
#6	COMFORT SYSTEMS USA INC (FIX) - 2.63%	N/A
#7	TARGA RESOURCES CORP (TRGP) - 2.43%	N/A
#8	VISTRA CORP (VST) - 2.32%	N/A
#9	HILTON WORLDWIDE HOLDINGS INC (HLT) - 2.28%	N/A
#10	ROCKET LAB CORP (RKLB) - 2.23%	N/A
#11	FASTENAL CO (FAST) - 1.86%	N/A
#12	ROYAL CARIBBEAN GROUP (RCL) - 1.73%	N/A
#13	DATADOG INC CLASS A (DDOG) - 1.69%	N/A
#14	ALNYLAM PHARMACEUTICALS INC (ALNY) - 1.69%	N/A
#15	AMERIPRISE FINANCIAL INC (AMP) - 1.48%	N/A
#16	NATERA INC (NTRA) - 1.35%	N/A
#17	EXPEDIA GROUP INC (EXPE) - 1.33%	N/A
#18	ROBLOX CORP ORDINARY SHARES CLASS A (RBLX) - 1.33%	N/A
#19	TAPESTRY INC (TPR) - 1.33%	N/A
#20	CENCORA INC (COR) - 1.20%	N/A
#21	MSCI INC (MSCI) - 1.19%	N/A
#22	ASTERA LABS INC (ALAB) - 1.19%	N/A
#23	LATTICE SEMICONDUCTOR CORP (LSCC) - 1.17%	N/A
#24	CARVANA CO CLASS A (CVNA) - 1.09%	N/A
#25	CORPAY INC (CPAY) - 1.01%	N/A
Total Holdings	138	1

FEMG vs DKNX - Historical Returns

Returns include dividend reinvestment.

Period	FEMG	DKNX
1 month	+0.94%	+2.74%
3 months	N/A	-13.66%
6 months	N/A	-57.32%
1 year	N/A	-79.11%
Max(CAGR)	+25.18%	-84.29%

FEMG

+0.94%

Winner

DKNX

+2.74%

FEMG

N/A

DKNX

-13.66%

FEMG

N/A

DKNX

-57.32%

FEMG

N/A

DKNX

-79.11%

Max(CAGR)

Winner

FEMG

+25.18%

DKNX

-84.29%

FEMG vs DKNX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	FEMG	DKNX
2026	+2.24%	-60.37%
2025	N/A	-50.48%

FEMG vs DKNX Drawdown Comparison

The maximum drawdown for FEMG was -3.29%, occurring on May 19, 2026. Recovery took 13 trading sessions.

The maximum drawdown for DKNX was -86.10%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current FEMG drawdown is -3.08%. The current DKNX drawdown is -81.39%.

Rank	FEMG	DKNX
#1	-3.29% May 6, 2026 - May 26, 2026	-86.10% Aug 28, 2025 - Mar 27, 2026
#2	-3.08% Jun 1, 2026 - Jun 5, 2026	-12.14% Aug 6, 2025 - Aug 18, 2025
#3	-0.21% May 26, 2026 - May 28, 2026	-5.78% Jul 31, 2025 - Aug 6, 2025
#4	N/A	-3.29% Aug 18, 2025 - Aug 21, 2025
#5	N/A	-1.36% Aug 22, 2025 - Aug 26, 2025