IONX vs EVSB
Comparison between DEFIANCE DAILY TARGET 2X LONG IONQ ETF (IONX, ETF) and EATON VANCE ULTRA-SHORT INCOME ETF (EVSB, ETF).
IONX vs EVSB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
IONX
$229M
Winner
EVSB
$230M
Expense Ratio
IONX
N/A
EVSB
0.17%
Max Drawdown
IONX
93.90%
Winner
EVSB
0.84%
Sharpe Ratio
IONX
-0.02
Winner
EVSB
0.87
5Y Beta
IONX
5.32
Winner
EVSB
0.00
IONX vs EVSB - Historical Returns
Returns include dividend reinvestment.
1M
IONX
-65.74%
Winner
EVSB
+0.33%
3M
IONX
-56.47%
Winner
EVSB
+1.10%
6M
IONX
-70.69%
Winner
EVSB
+1.92%
1Y
IONX
-79.47%
Winner
EVSB
+4.52%
Max(CAGR)
IONX
-35.63%
Winner
EVSB
+5.54%
IONX vs EVSB - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | IONX | EVSB |
|---|---|---|
| 2026 | -69.51% | +2.15% |
| 2025 | +67.10% | +5.12% |
| 2024 | N/A | +6.08% |
| 2023 | N/A | +1.84% |
IONX vs EVSB 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 EVSB was -0.31%, occurring on Apr 10, 2025. Recovery took 9 trading sessions.
The current IONX drawdown is -92.50%. The current EVSB drawdown is -0.01%.
| Rank | IONX | EVSB |
|---|---|---|
| #1 | -93.75% Oct 13, 2025 - Mar 30, 2026 | -0.31% Apr 4, 2025 - Apr 17, 2025 |
| #2 | -50.31% May 27, 2025 - Sep 12, 2025 | -0.25% Aug 19, 2025 - Sep 5, 2025 |
| #3 | -39.73% Mar 24, 2025 - Apr 24, 2025 | -0.21% Feb 7, 2024 - Feb 20, 2024 |
| #4 | -33.90% Sep 23, 2025 - Oct 6, 2025 | -0.18% May 8, 2025 - May 20, 2025 |
| #5 | -29.94% Mar 14, 2025 - Mar 24, 2025 | -0.15% Aug 2, 2024 - Aug 12, 2024 |
| #6 | -21.88% Oct 7, 2025 - Oct 13, 2025 | -0.15% Apr 22, 2025 - Apr 24, 2025 |
| #7 | -11.53% May 2, 2025 - May 8, 2025 | -0.14% Feb 10, 2025 - Feb 19, 2025 |
| #8 | -11.05% Apr 25, 2025 - May 2, 2025 | -0.14% Jan 30, 2026 - Feb 9, 2026 |
| #9 | -10.24% May 20, 2025 - May 22, 2025 | -0.12% Sep 30, 2024 - Oct 14, 2024 |
| #10 | -4.67% May 14, 2025 - May 16, 2025 | -0.12% Mar 12, 2025 - Mar 21, 2025 |
| #11 | -4.44% May 8, 2025 - May 12, 2025 | -0.11% Jan 14, 2026 - Jan 16, 2026 |
| #12 | -3.69% Mar 12, 2025 - Mar 14, 2025 | -0.10% Dec 28, 2023 - Jan 8, 2024 |
| #13 | -0.83% May 22, 2025 - May 27, 2025 | -0.10% Feb 9, 2026 - Feb 18, 2026 |
| #14 | N/A | -0.10% Apr 28, 2025 - May 8, 2025 |
| #15 | N/A | -0.10% Jun 4, 2026 - Jun 11, 2026 |
Correlation
Correlation between IONX and EVSB is -0.29 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.29
-101
Dividend Comparison (2023 - 2026)
IONX vs EVSB dividend yield comparison.
| Year | IONX | EVSB |
|---|---|---|
| 2026 | 0.00% | 2.16% |
| 2025 | 2.55% | 4.63% |
| 2024 | 0.00% | 5.18% |
| 2023 | 0.00% | 1.21% |
Select Stocks to Compare
Popular: IONX vs SPYEVSB vs SPY
More Comparisons
Compare with similar stocks