FLQS vs NVOX

Comparison between FRANKLIN U.S. SMALL CAP MULTIFACTOR INDEX ETF (FLQS, ETF) and DEFIANCE DAILY TARGET 2X LONG NVO ETF (NVOX, ETF).

FLQS vs NVOX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLQS(ETF)	NVOX(ETF)
Net Assets	$51M	$52M
Expense Ratio	0.35%	N/A
Max Drawdown	43.65%	94.50%
Sharpe Ratio	1.13	-0.40
5Y Beta	0.86	1.81
P/E Ratio	23.26	N/A
Forward P/E	15.09	N/A
5Y Dividends CAGR	14.82%	N/A
5Y EPS CAGR	12.60%	N/A
Debt to Equity	83.87%	N/A
P/S Ratio	1.22	N/A
P/B Ratio	2.36	N/A

Net Assets

FLQS

$51M

Winner

NVOX

$52M

Expense Ratio

FLQS

0.35%

NVOX

N/A

Max Drawdown

Winner

FLQS

43.65%

NVOX

94.50%

Sharpe Ratio

Winner

FLQS

1.13

NVOX

-0.40

5Y Beta

Winner

FLQS

0.86

NVOX

1.81

P/E Ratio

FLQS

23.26

NVOX

N/A

Forward P/E

FLQS

15.09

NVOX

N/A

5Y Dividends CAGR

FLQS

14.82%

NVOX

N/A

5Y EPS CAGR

FLQS

12.60%

NVOX

N/A

Debt to Equity

FLQS

83.87%

NVOX

N/A

P/S Ratio

FLQS

1.22

NVOX

N/A

P/B Ratio

FLQS

2.36

NVOX

N/A

FLQS vs NVOX - Holdings Comparison

FLQS and NVOX have 0 common holdings. Overlap is 0.00%

FLQS's top 25 holdings weight is 19.10%. NVOX's top 25 holdings weight is 1.17%.

Rank	FLQS	NVOX
#1	ALKERMES PLC (ALKS) - 1.12%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 1.17%
#2	ESCO TECHNOLOGIES INC (ESE) - 1.00%	N/A
#3	MOOG INC CLASS A (MOG-A) - 0.99%	N/A
#4	ESSENT GROUP LTD (ESNT) - 0.96%	N/A
#5	CARETRUST REIT INC (CTRE) - 0.90%	N/A
#6	COMMVAULT SYSTEMS INC (CVLT) - 0.90%	N/A
#7	FIRSTCASH HOLDINGS INC (FCFS) - 0.89%	N/A
#8	PROTAGONIST THERAPEUTICS INC (PTGX) - 0.87%	N/A
#9	COMPASS INC CLASS A (COMP) - 0.86%	N/A
#10	SELECTIVE INSURANCE GROUP INC (SIGI) - 0.84%	N/A
#11	LANTHEUS HOLDINGS INC (LNTH) - 0.80%	N/A
#12	CLEAR SECURE INC ORDINARY SHARES CLASS A (YOU) - 0.78%	N/A
#13	QUALYS INC (QLYS) - 0.78%	N/A
#14	SOUTHWEST GAS HOLDINGS INC (SWX) - 0.76%	N/A
#15	ENOVA INTERNATIONAL INC (ENVA) - 0.76%	N/A
#16	TXNM ENERGY INC (TXNM) - 0.74%	N/A
#17	INTERDIGITAL INC (IDCC) - 0.74%	N/A
#18	ARCHROCK INC (AROC) - 0.72%	N/A
#19	HOME BANCSHARES INC (HOMB) - 0.72%	N/A
#20	ACI WORLDWIDE INC (ACIW) - 0.72%	N/A
#21	ACADIA PHARMACEUTICALS INC (ACAD) - 0.46%	N/A
#22	BELDEN INC (BDC) - 0.46%	N/A
#23	REMITLY GLOBAL INC (RELY) - 0.45%	N/A
#24	AVISTA CORP (AVA) - 0.44%	N/A
#25	COPT DEFENSE PROPERTIES (CDP) - 0.44%	N/A
Total Holdings	455	1

FLQS vs NVOX - Historical Returns

Returns include dividend reinvestment.

Period	FLQS	NVOX
1 month	+4.67%	+13.16%
3 months	+8.07%	+45.45%
6 months	+9.59%	-42.01%
1 year	+21.87%	-62.43%
5 years(CAGR)	+7.09%	N/A
10 years(CAGR)	+9.00%	N/A
Max(CAGR)	+9.00%	-75.09%

FLQS

+4.67%

Winner

NVOX

+13.16%

FLQS

+8.07%

Winner

NVOX

+45.45%

Winner

FLQS

+9.59%

NVOX

-42.01%

Winner

FLQS

+21.87%

NVOX

-62.43%

5Y(CAGR)

FLQS

+7.09%

NVOX

N/A

10Y(CAGR)

FLQS

+9.00%

NVOX

N/A

Max(CAGR)

Winner

FLQS

+9.00%

NVOX

-75.09%

FLQS vs NVOX - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	FLQS	NVOX
2026	+15.33%	-27.43%
2025	+5.32%	-77.42%
2024	+9.06%	-41.92%
2023	+21.30%	N/A
2022	-17.10%	N/A
2021	+28.58%	N/A
2020	+10.48%	N/A
2019	+18.38%	N/A
2018	-5.07%	N/A
2017	+7.41%	N/A

FLQS vs NVOX Drawdown Comparison

The maximum drawdown for FLQS was -42.16%, occurring on Mar 18, 2020. Recovery took 555 trading sessions.

The maximum drawdown for NVOX was -94.50%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current FLQS drawdown is -1.00%. The current NVOX drawdown is -90.06%.

Rank	FLQS	NVOX
#1	-42.16% Sep 4, 2018 - Nov 16, 2020	-94.50% Dec 11, 2024 - Mar 27, 2026
#2	-28.05% Nov 16, 2021 - Mar 27, 2024	-3.42% Dec 9, 2024 - Dec 11, 2024
#3	-23.12% Nov 25, 2024 - Jan 15, 2026	-0.63% Dec 3, 2024 - Dec 6, 2024
#4	-8.90% Jul 31, 2024 - Oct 16, 2024	N/A
#5	-8.47% Feb 26, 2026 - Apr 17, 2026	N/A
#6	-7.85% Mar 28, 2024 - Jul 15, 2024	N/A
#7	-7.73% Jan 31, 2018 - Apr 19, 2018	N/A
#8	-7.59% Mar 15, 2021 - Apr 23, 2021	N/A
#9	-5.82% May 7, 2021 - Jun 8, 2021	N/A
#10	-5.76% Jun 8, 2021 - Aug 6, 2021	N/A
#11	-4.51% Sep 2, 2021 - Oct 25, 2021	N/A
#12	-4.37% Apr 28, 2017 - Oct 3, 2017	N/A
#13	-4.26% Nov 11, 2024 - Nov 25, 2024	N/A
#14	-4.22% Feb 24, 2021 - Mar 9, 2021	N/A
#15	-4.08% May 6, 2026 - Jun 9, 2026	N/A

Correlation

Correlation between FLQS and NVOX is -0.58 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.58

-101