ION vs CSEX
Comparison between PROSHARES S&P GLOBAL CORE BATTERY METALS ETF (ION, ETF) and Tradr 2X Long CLS Daily ETF (CSEX, ETF).
ION vs CSEX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
ION
$14M
CSEX
$14M
Expense Ratio
ION
0.58%
CSEX
N/A
Max Drawdown
Winner
ION
53.84%
CSEX
62.68%
Sharpe Ratio
Winner
ION
0.97
CSEX
0.58
5Y Beta
Winner
ION
1.05
CSEX
6.12
ION vs CSEX - Historical Returns
Returns include dividend reinvestment.
1M
Winner
ION
-11.67%
CSEX
-13.40%
3M
Winner
ION
-24.73%
CSEX
-38.84%
6M
ION
-26.87%
Winner
CSEX
-13.40%
1Y
ION
+43.17%
CSEX
N/A
Max(CAGR)
Winner
ION
+4.87%
CSEX
-25.36%
ION vs CSEX - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | ION | CSEX |
|---|---|---|
| 2026 | -11.18% | -15.12% |
| 2025 | +107.85% | -7.02% |
| 2024 | -19.65% | N/A |
| 2023 | -13.62% | N/A |
| 2022 | -8.86% | N/A |
ION vs CSEX Drawdown Comparison
The maximum drawdown for ION was -52.07%, occurring on Apr 8, 2025. Recovery took 689 trading sessions.
The maximum drawdown for CSEX was -62.68%, occurring on Jul 17, 2026. This drawdown has not yet recovered.
The current ION drawdown is -31.26%. The current CSEX drawdown is -54.34%.
| Rank | ION | CSEX |
|---|---|---|
| #1 | -52.07% Feb 1, 2023 - Oct 30, 2025 | -62.68% Jun 2, 2026 - Jul 17, 2026 |
| #2 | -33.66% May 6, 2026 - Jul 20, 2026 | -56.45% Dec 11, 2025 - Apr 17, 2026 |
| #3 | -23.30% Jan 27, 2026 - Apr 17, 2026 | -39.29% Apr 27, 2026 - Jun 2, 2026 |
| #4 | -9.89% Dec 2, 2022 - Jan 12, 2023 | -22.82% Nov 28, 2025 - Dec 10, 2025 |
| #5 | -7.18% Oct 30, 2025 - Nov 10, 2025 | -21.14% Nov 19, 2025 - Nov 24, 2025 |
| #6 | -6.26% Nov 19, 2025 - Nov 28, 2025 | -6.36% Apr 22, 2026 - Apr 24, 2026 |
| #7 | -4.91% Dec 26, 2025 - Jan 5, 2026 | -6.04% Nov 14, 2025 - Nov 19, 2025 |
| #8 | -4.32% Apr 17, 2026 - Apr 30, 2026 | -0.07% Apr 20, 2026 - Apr 22, 2026 |
| #9 | -3.97% Jan 14, 2026 - Jan 22, 2026 | N/A |
| #10 | -3.33% Nov 28, 2025 - Dec 8, 2025 | N/A |
| #11 | -3.24% Dec 11, 2025 - Dec 18, 2025 | N/A |
| #12 | -3.01% Jan 6, 2026 - Jan 12, 2026 | N/A |
| #13 | -2.35% Jan 26, 2023 - Feb 1, 2023 | N/A |
| #14 | -2.13% Jan 12, 2023 - Jan 20, 2023 | N/A |
| #15 | -2.09% May 1, 2026 - May 6, 2026 | N/A |
Correlation
Correlation between ION and CSEX is 0.08 which considered as a very weak or no correlation - the stocks move independently of each other.
0.08
-101
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