HPI vs IONX
Comparison between John Hancock Preferred Income Fund (HPI, ETF) and DEFIANCE DAILY TARGET 2X LONG IONQ ETF (IONX, ETF).
HPI vs IONX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
HPI
$417M
IONX
$413M
Max Drawdown
Winner
HPI
74.96%
IONX
93.90%
Sharpe Ratio
Winner
HPI
0.80
IONX
0.69
5Y Beta
Winner
HPI
0.39
IONX
5.28
5Y Dividends CAGR
HPI
1.61%
IONX
N/A
HPI vs IONX - Historical Returns
Returns include dividend reinvestment.
1M
Winner
HPI
+1.21%
IONX
-23.74%
3M
HPI
+5.02%
Winner
IONX
+122.13%
6M
Winner
HPI
+1.86%
IONX
-34.32%
1Y
Winner
HPI
+10.94%
IONX
-34.48%
5Y(CAGR)
HPI
+3.07%
IONX
N/A
10Y(CAGR)
HPI
+4.97%
IONX
N/A
Max(CAGR)
HPI
+6.82%
Winner
IONX
+44.78%
HPI vs IONX - Annual Returns (2003 - 2026)
Returns include dividend reinvestment.
| Year | HPI | IONX |
|---|---|---|
| 2026 | +2.33% | -11.00% |
| 2025 | +5.59% | +67.10% |
| 2024 | +15.53% | N/A |
| 2023 | +7.09% | N/A |
| 2022 | -15.28% | N/A |
| 2021 | +14.58% | N/A |
| 2020 | -7.32% | N/A |
| 2019 | +28.96% | N/A |
| 2018 | -4.69% | N/A |
| 2017 | +12.55% | N/A |
| 2016 | +10.11% | N/A |
| 2015 | +5.09% | N/A |
| 2014 | +22.89% | N/A |
| 2013 | -13.79% | N/A |
| 2012 | +8.81% | N/A |
| 2011 | +24.71% | N/A |
| 2010 | +17.89% | N/A |
| 2009 | +28.42% | N/A |
| 2008 | -19.22% | N/A |
| 2007 | -18.86% | N/A |
| 2006 | +29.77% | N/A |
| 2005 | -6.62% | N/A |
| 2004 | +3.89% | N/A |
| 2003 | +7.98% | N/A |
HPI vs IONX Drawdown Comparison
The maximum drawdown for HPI was -67.57%, occurring on Mar 9, 2009. Recovery took 752 trading sessions.
The maximum drawdown for IONX was -93.75%, occurring on Mar 30, 2026. This drawdown has not yet recovered.
The current HPI drawdown is -2.61%. The current IONX drawdown is -78.10%.
| Rank | HPI | IONX |
|---|---|---|
| #1 | -67.57% Apr 13, 2007 - Apr 8, 2010 | -93.75% Oct 13, 2025 - Mar 30, 2026 |
| #2 | -57.98% Feb 11, 2020 - Jun 28, 2021 | -50.31% May 27, 2025 - Sep 12, 2025 |
| #3 | -30.07% Nov 9, 2021 - Jul 16, 2024 | -39.73% Mar 24, 2025 - Apr 24, 2025 |
| #4 | -25.26% May 8, 2013 - Feb 9, 2015 | -33.90% Sep 23, 2025 - Oct 6, 2025 |
| #5 | -21.51% Mar 16, 2004 - Oct 18, 2004 | -29.94% Mar 14, 2025 - Mar 24, 2025 |
| #6 | -21.38% Sep 5, 2018 - Mar 6, 2019 | -21.88% Oct 7, 2025 - Oct 13, 2025 |
| #7 | -18.90% Oct 10, 2024 - Apr 7, 2025 | -11.53% May 2, 2025 - May 8, 2025 |
| #8 | -16.96% Aug 9, 2016 - May 1, 2017 | -11.05% Apr 25, 2025 - May 2, 2025 |
| #9 | -15.82% Feb 10, 2005 - Mar 2, 2006 | -10.24% May 20, 2025 - May 22, 2025 |
| #10 | -14.70% Jul 22, 2011 - Aug 29, 2011 | -4.67% May 14, 2025 - May 16, 2025 |
| #11 | -13.13% Apr 8, 2010 - Jul 21, 2010 | -4.44% May 8, 2025 - May 12, 2025 |
| #12 | -12.39% Aug 8, 2012 - Jan 17, 2013 | -3.69% Mar 12, 2025 - Mar 14, 2025 |
| #13 | -10.19% Apr 10, 2015 - Jan 5, 2016 | -0.83% May 22, 2025 - May 27, 2025 |
| #14 | -9.74% Sep 9, 2010 - May 4, 2011 | N/A |
| #15 | -9.07% Oct 1, 2019 - Feb 10, 2020 | N/A |
Correlation
Correlation between HPI and IONX is 0.30 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.30
-101
Dividend Comparison (2003 - 2026)
HPI vs IONX dividend yield comparison.
| Year | HPI | IONX |
|---|---|---|
| 2026 | 3.84% | 0.00% |
| 2025 | 9.15% | 2.55% |
| 2024 | 8.91% | 0.00% |
| 2023 | 9.39% | 0.00% |
| 2022 | 9.23% | 0.00% |
| 2021 | 7.14% | 0.00% |
| 2020 | 7.53% | 0.00% |
| 2019 | 7.69% | 0.00% |
| 2018 | 8.92% | 0.00% |
| 2017 | 7.84% | 0.00% |
| 2016 | 8.26% | 0.00% |
| 2015 | 7.69% | 0.00% |
| 2014 | 8.23% | 0.00% |
| 2013 | 9.41% | 0.00% |
| 2012 | 7.67% | 0.00% |
| 2011 | 8.18% | 0.00% |
| 2010 | 7.97% | 0.00% |
| 2009 | 9.06% | 0.00% |
| 2008 | 13.42% | 0.00% |
| 2007 | 10.61% | 0.00% |
| 2006 | 8.12% | 0.00% |
| 2005 | 9.79% | 0.00% |
| 2004 | 8.69% | 0.00% |
| 2003 | 5.39% | 0.00% |
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