FLCV vs IONL

Comparison between FEDERATED HERMES MDT LARGE CAP VALUE ETF (FLCV, ETF) and GRANITESHARES 2X LONG IONQ DAILY ETF (IONL, ETF).

FLCV vs IONL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLCV(ETF)	IONL(ETF)
Net Assets	$88M	$88M
Expense Ratio	0.32%	N/A
Max Drawdown	16.14%	93.41%
Sharpe Ratio	1.50	0.72
5Y Beta	0.77	4.99
P/E Ratio	22.75	N/A
Forward P/E	15.42	N/A
5Y EPS CAGR	14.34%	N/A
Debt to Equity	43.10%	N/A
P/S Ratio	1.69	N/A
P/B Ratio	3.24	N/A

Net Assets

FLCV

$88M

Winner

IONL

$88M

Expense Ratio

FLCV

0.32%

IONL

N/A

Max Drawdown

Winner

FLCV

16.14%

IONL

93.41%

Sharpe Ratio

Winner

FLCV

1.50

IONL

0.72

5Y Beta

Winner

FLCV

0.77

IONL

4.99

P/E Ratio

FLCV

22.75

IONL

N/A

Forward P/E

FLCV

15.42

IONL

N/A

5Y EPS CAGR

FLCV

14.34%

IONL

N/A

Debt to Equity

FLCV

43.10%

IONL

N/A

P/S Ratio

FLCV

1.69

IONL

N/A

P/B Ratio

FLCV

3.24

IONL

N/A

FLCV vs IONL - Historical Returns

Returns include dividend reinvestment.

Period	FLCV	IONL
1 month	+1.46%	+22.72%
3 months	+7.58%	+88.72%
6 months	+12.45%	-31.77%
1 year	+22.50%	-10.80%
Max(CAGR)	+18.86%	+31.34%

FLCV

+1.46%

Winner

IONL

+22.72%

FLCV

+7.58%

Winner

IONL

+88.72%

Winner

FLCV

+12.45%

IONL

-31.77%

Winner

FLCV

+22.50%

IONL

-10.80%

Max(CAGR)

FLCV

+18.86%

Winner

IONL

+31.34%

FLCV vs IONL - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	FLCV	IONL
2026	+11.22%	-7.70%
2025	+15.20%	+38.57%
2024	+6.56%	N/A

FLCV vs IONL Drawdown Comparison

The maximum drawdown for FLCV was -15.93%, occurring on Apr 8, 2025. Recovery took 141 trading sessions.

The maximum drawdown for IONL was -93.41%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current FLCV drawdown is -1.64%. The current IONL drawdown is -76.59%.

Rank	FLCV	IONL
#1	-15.93% Nov 26, 2024 - Jun 24, 2025	-93.41% Oct 13, 2025 - Mar 30, 2026
#2	-5.70% Mar 2, 2026 - Apr 13, 2026	-49.40% May 27, 2025 - Sep 12, 2025
#3	-5.14% Jul 31, 2024 - Aug 15, 2024	-37.57% Mar 25, 2025 - Apr 24, 2025
#4	-3.72% Oct 3, 2025 - Nov 25, 2025	-33.63% Sep 23, 2025 - Oct 6, 2025
#5	-3.59% Aug 30, 2024 - Sep 19, 2024	-22.02% Oct 7, 2025 - Oct 13, 2025
#6	-2.93% Jul 23, 2025 - Aug 22, 2025	-10.92% May 2, 2025 - May 8, 2025
#7	-2.59% Oct 18, 2024 - Nov 6, 2024	-10.34% May 20, 2025 - May 22, 2025
#8	-1.99% Nov 11, 2024 - Nov 22, 2024	-9.84% Apr 25, 2025 - May 2, 2025
#9	-1.82% Feb 9, 2026 - Feb 27, 2026	-5.95% May 14, 2025 - May 16, 2025
#10	-1.76% Jan 14, 2026 - Jan 22, 2026	-4.23% May 8, 2025 - May 12, 2025
#11	-1.72% Sep 11, 2025 - Oct 3, 2025	-0.86% May 22, 2025 - May 27, 2025
#12	-1.64% Jun 4, 2026 - Jun 5, 2026	-0.05% May 16, 2025 - May 20, 2025
#13	-1.55% May 6, 2026 - May 22, 2026	N/A
#14	-1.54% Jul 10, 2025 - Jul 23, 2025	N/A
#15	-1.44% Dec 11, 2025 - Dec 24, 2025	N/A