IONL vs BKSE

Comparison between GRANITESHARES 2X LONG IONQ DAILY ETF (IONL, ETF) and BNY MELLON US SMALL CAP CORE EQUITY ETF (BKSE, ETF).

IONL vs BKSE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IONL(ETF)	BKSE(ETF)
Net Assets	$87M	$87M
Expense Ratio	N/A	0.04%
Max Drawdown	93.41%	29.83%
Sharpe Ratio	0.06	1.46
5Y Beta	5.04	1.04
P/E Ratio	N/A	40.93
Forward P/E	N/A	15.90
5Y Dividends CAGR	N/A	9.12%
5Y EPS CAGR	N/A	9.95%
P/S Ratio	N/A	1.48
P/B Ratio	N/A	2.35

Net Assets

IONL

$87M

Winner

BKSE

$87M

Expense Ratio

IONL

N/A

BKSE

0.04%

Max Drawdown

IONL

93.41%

Winner

BKSE

29.83%

Sharpe Ratio

IONL

0.06

Winner

BKSE

1.46

5Y Beta

IONL

5.04

Winner

BKSE

1.04

P/E Ratio

IONL

N/A

BKSE

40.93

Forward P/E

IONL

N/A

BKSE

15.90

5Y Dividends CAGR

IONL

N/A

BKSE

9.12%

5Y EPS CAGR

IONL

N/A

BKSE

9.95%

P/S Ratio

IONL

N/A

BKSE

1.48

P/B Ratio

IONL

N/A

BKSE

2.35

IONL vs BKSE - Historical Returns

Returns include dividend reinvestment.

Period	IONL	BKSE
1 month	-67.49%	+1.39%
3 months	-53.14%	+6.97%
6 months	-69.85%	+10.66%
1 year	-77.66%	+28.08%
5 years(CAGR)	N/A	+8.58%
Max(CAGR)	-45.66%	+16.66%

IONL

-67.49%

Winner

BKSE

+1.39%

IONL

-53.14%

Winner

BKSE

+6.97%

IONL

-69.85%

Winner

BKSE

+10.66%

IONL

-77.66%

Winner

BKSE

+28.08%

5Y(CAGR)

IONL

N/A

BKSE

+8.58%

Max(CAGR)

IONL

-45.66%

Winner

BKSE

+16.66%

IONL vs BKSE - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	IONL	BKSE
2026	-70.36%	+16.67%
2025	+38.57%	+13.13%
2024	N/A	+10.39%
2023	N/A	+22.93%
2022	N/A	-19.13%
2021	N/A	+18.29%
2020	N/A	+55.56%

IONL vs BKSE Drawdown Comparison

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

The maximum drawdown for BKSE was -29.09%, occurring on Sep 26, 2022. Recovery took 673 trading sessions.

The current IONL drawdown is -92.48%. The current BKSE drawdown is -1.64%.

Rank	IONL	BKSE
#1	-93.41% Oct 13, 2025 - Mar 30, 2026	-29.09% Nov 8, 2021 - Jul 16, 2024
#2	-49.40% May 27, 2025 - Sep 12, 2025	-26.76% Nov 25, 2024 - Sep 11, 2025
#3	-37.57% Mar 25, 2025 - Apr 24, 2025	-11.49% Jun 8, 2020 - Aug 10, 2020
#4	-33.63% Sep 23, 2025 - Oct 6, 2025	-9.40% Feb 10, 2026 - Apr 16, 2026
#5	-22.02% Oct 7, 2025 - Oct 13, 2025	-9.14% Apr 29, 2020 - May 26, 2020
#6	-10.92% May 2, 2025 - May 8, 2025	-8.89% Jul 16, 2024 - Sep 19, 2024
#7	-10.34% May 20, 2025 - May 22, 2025	-8.80% Jun 8, 2021 - Nov 1, 2021
#8	-9.84% Apr 25, 2025 - May 2, 2025	-8.24% Sep 2, 2020 - Oct 7, 2020
#9	-5.95% May 14, 2025 - May 16, 2025	-7.61% Mar 15, 2021 - Apr 26, 2021
#10	-4.23% May 8, 2025 - May 12, 2025	-7.16% Oct 27, 2025 - Nov 28, 2025
#11	-0.86% May 22, 2025 - May 27, 2025	-6.10% Apr 28, 2021 - Jun 8, 2021
#12	-0.05% May 16, 2025 - May 20, 2025	-5.99% Oct 23, 2020 - Nov 5, 2020
#13	N/A	-5.55% Feb 24, 2021 - Mar 11, 2021
#14	N/A	-5.21% Apr 9, 2020 - Apr 28, 2020
#15	N/A	-4.58% Jan 20, 2021 - Feb 4, 2021