IONX vs AVSE
Comparison between DEFIANCE DAILY TARGET 2X LONG IONQ ETF (IONX, ETF) and AVANTIS RESPONSIBLE EMERGING MARKETS EQUITY ETF (AVSE, ETF).
IONX vs AVSE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
IONX
$229M
AVSE
$229M
Expense Ratio
IONX
N/A
AVSE
0.33%
Max Drawdown
IONX
93.90%
Winner
AVSE
26.52%
Sharpe Ratio
IONX
-0.02
Winner
AVSE
1.15
5Y Beta
IONX
5.32
Winner
AVSE
0.87
IONX vs AVSE - Historical Returns
Returns include dividend reinvestment.
1M
IONX
-65.74%
Winner
AVSE
-8.69%
3M
IONX
-56.47%
Winner
AVSE
+5.77%
6M
IONX
-70.69%
Winner
AVSE
+13.52%
1Y
IONX
-79.47%
Winner
AVSE
+31.64%
5Y(CAGR)
IONX
N/A
AVSE
+13.36%
Max(CAGR)
IONX
-35.63%
Winner
AVSE
+13.36%
IONX vs AVSE - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | IONX | AVSE |
|---|---|---|
| 2026 | -69.51% | +16.88% |
| 2025 | +67.10% | +32.37% |
| 2024 | N/A | +9.98% |
| 2023 | N/A | +15.41% |
| 2022 | N/A | -13.84% |
IONX vs AVSE Drawdown Comparison
The maximum drawdown for IONX was -93.75%, occurring on Mar 30, 2026. This drawdown has not yet recovered.
The maximum drawdown for AVSE was -26.28%, occurring on Oct 24, 2022. Recovery took 483 trading sessions.
The current IONX drawdown is -92.50%. The current AVSE drawdown is -8.69%.
| Rank | IONX | AVSE |
|---|---|---|
| #1 | -93.75% Oct 13, 2025 - Mar 30, 2026 | -26.28% Apr 4, 2022 - Mar 7, 2024 |
| #2 | -50.31% May 27, 2025 - Sep 12, 2025 | -17.67% Oct 7, 2024 - May 16, 2025 |
| #3 | -39.73% Mar 24, 2025 - Apr 24, 2025 | -14.17% Feb 25, 2026 - Apr 30, 2026 |
| #4 | -33.90% Sep 23, 2025 - Oct 6, 2025 | -11.23% Jun 22, 2026 - Jul 17, 2026 |
| #5 | -29.94% Mar 14, 2025 - Mar 24, 2025 | -9.25% Jul 12, 2024 - Sep 24, 2024 |
| #6 | -21.88% Oct 7, 2025 - Oct 13, 2025 | -8.28% Jun 2, 2026 - Jun 18, 2026 |
| #7 | -11.53% May 2, 2025 - May 8, 2025 | -5.90% May 11, 2026 - May 26, 2026 |
| #8 | -11.05% Apr 25, 2025 - May 2, 2025 | -5.05% Apr 9, 2024 - May 2, 2024 |
| #9 | -10.24% May 20, 2025 - May 22, 2025 | -4.59% Oct 6, 2025 - Oct 20, 2025 |
| #10 | -4.67% May 14, 2025 - May 16, 2025 | -4.54% Oct 29, 2025 - Dec 26, 2025 |
| #11 | -4.44% May 8, 2025 - May 12, 2025 | -4.46% May 17, 2024 - Jul 3, 2024 |
| #12 | -3.69% Mar 12, 2025 - Mar 14, 2025 | -3.60% Jul 23, 2025 - Aug 13, 2025 |
| #13 | -0.83% May 22, 2025 - May 27, 2025 | -2.73% Jun 12, 2025 - Jun 24, 2025 |
| #14 | N/A | -2.45% Jan 28, 2026 - Feb 9, 2026 |
| #15 | N/A | -1.97% Mar 12, 2024 - Apr 5, 2024 |
Correlation
Correlation between IONX and AVSE is -0.20 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.20
-101
Dividend Comparison (2022 - 2026)
IONX vs AVSE dividend yield comparison.
| Year | IONX | AVSE |
|---|---|---|
| 2026 | 0.00% | 0.65% |
| 2025 | 2.55% | 2.68% |
| 2024 | 0.00% | 3.03% |
| 2023 | 0.00% | 3.20% |
| 2022 | 0.00% | 1.27% |
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