IONL vs FLCV

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

IONL vs FLCV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

IONL

$88M

FLCV

$88M

Expense Ratio

IONL

N/A

FLCV

0.32%

Max Drawdown

IONL

93.41%

Winner

FLCV

16.14%

Sharpe Ratio

IONL

0.72

Winner

FLCV

1.50

5Y Beta

IONL

4.99

Winner

FLCV

0.77

P/E Ratio

IONL

N/A

FLCV

22.75

Forward P/E

IONL

N/A

FLCV

15.42

5Y EPS CAGR

IONL

N/A

FLCV

14.34%

Debt to Equity

IONL

N/A

FLCV

43.10%

P/S Ratio

IONL

N/A

FLCV

1.69

P/B Ratio

IONL

N/A

FLCV

3.24

IONL vs FLCV - Historical Returns

Returns include dividend reinvestment.

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

Winner

IONL

+22.72%

FLCV

+1.46%

Winner

IONL

+88.72%

FLCV

+7.58%

IONL

-31.77%

Winner

FLCV

+12.45%

IONL

-10.80%

Winner

FLCV

+22.50%

Max(CAGR)

Winner

IONL

+31.34%

FLCV

+18.86%

IONL vs FLCV - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

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

IONL vs FLCV 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 FLCV was -15.93%, occurring on Apr 8, 2025. Recovery took 141 trading sessions.

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

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