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IONX vs MDIV

Comparison between DEFIANCE DAILY TARGET 2X LONG IONQ ETF (IONX, ETF) and MULTI-ASSET DIVERSIFIED INCOME INDEX FUND (MDIV, ETF).

IONX vs MDIV - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
IONX
$413M
MDIV
$412M
Expense Ratio
IONX
N/A
MDIV
0.71%
Max Drawdown
IONX
93.90%
Winner
MDIV
56.95%
Sharpe Ratio
IONX
0.69
Winner
MDIV
0.97
5Y Beta
IONX
5.28
Winner
MDIV
0.31
P/E Ratio
IONX
N/A
MDIV
12.68
Forward P/E
IONX
N/A
MDIV
12.44
5Y Dividends CAGR
IONX
N/A
MDIV
4.76%
5Y EPS CAGR
IONX
N/A
MDIV
2.33%
P/S Ratio
IONX
N/A
MDIV
1.31
P/B Ratio
IONX
N/A
MDIV
0.70

IONX vs MDIV - Historical Returns

Returns include dividend reinvestment.

1M
IONX
-23.74%
Winner
MDIV
-1.32%
3M
Winner
IONX
+122.13%
MDIV
+3.08%
6M
IONX
-34.32%
Winner
MDIV
+7.59%
1Y
IONX
-34.48%
Winner
MDIV
+10.68%
5Y(CAGR)
IONX
N/A
MDIV
+5.81%
10Y(CAGR)
IONX
N/A
MDIV
+4.70%
Max(CAGR)
Winner
IONX
+44.78%
MDIV
+4.75%

IONX vs MDIV - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

YearIONXMDIV
2026-11.00%+7.11%
2025+67.10%+3.39%
2024N/A+9.49%
2023N/A+11.51%
2022N/A-4.81%
2021N/A+17.67%
2020N/A-14.93%
2019N/A+17.66%
2018N/A-6.11%
2017N/A+4.95%
2016N/A+11.26%
2015N/A-8.76%
2014N/A+8.75%
2013N/A+8.41%
2012N/A+0.64%

IONX vs MDIV 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 MDIV was -48.50%, occurring on Mar 18, 2020. Recovery took 501 trading sessions.

The current IONX drawdown is -78.10%. The current MDIV drawdown is -1.73%.

RankIONXMDIV
#1-93.75%
Oct 13, 2025 - Mar 30, 2026
-48.50%
Jan 16, 2020 - Jan 11, 2022
#2-50.31%
May 27, 2025 - Sep 12, 2025
-19.82%
Aug 29, 2014 - Aug 29, 2016
#3-39.73%
Mar 24, 2025 - Apr 24, 2025
-13.01%
Feb 2, 2023 - Dec 13, 2023
#4-33.90%
Sep 23, 2025 - Oct 6, 2025
-12.62%
Apr 20, 2022 - Feb 2, 2023
#5-29.94%
Mar 14, 2025 - Mar 24, 2025
-12.37%
Aug 21, 2018 - Feb 19, 2019
#6-21.88%
Oct 7, 2025 - Oct 13, 2025
-9.61%
Nov 29, 2024 - Aug 22, 2025
#7-11.53%
May 2, 2025 - May 8, 2025
-8.93%
Sep 7, 2016 - Jan 24, 2017
#8-11.05%
Apr 25, 2025 - May 2, 2025
-8.17%
May 17, 2013 - Mar 18, 2014
#9-10.24%
May 20, 2025 - May 22, 2025
-8.01%
Jan 23, 2018 - Aug 7, 2018
#10-4.67%
May 14, 2025 - May 16, 2025
-6.37%
Oct 18, 2012 - Jan 2, 2013
#11-4.44%
May 8, 2025 - May 12, 2025
-4.37%
Jan 14, 2022 - Mar 29, 2022
#12-3.69%
Mar 12, 2025 - Mar 14, 2025
-4.13%
Jul 30, 2019 - Sep 16, 2019
#13-0.83%
May 22, 2025 - May 27, 2025
-3.48%
Apr 1, 2024 - May 3, 2024
#14N/A-3.39%
Aug 29, 2025 - Jan 8, 2026
#15N/A-3.32%
Jul 1, 2014 - Aug 20, 2014

Correlation

Correlation between IONX and MDIV is -0.33 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.33
-101

Dividend Comparison (2012 - 2026)

IONX vs MDIV dividend yield comparison.

YearIONXMDIV
20260.00%2.77%
20252.55%6.51%
20240.00%6.40%
20230.00%6.08%
20220.00%6.71%
20210.00%5.30%
20200.00%6.00%
20190.00%5.90%
20180.00%6.76%
20170.00%6.04%
20160.00%6.35%
20150.00%7.38%
20140.00%5.73%
20130.00%5.67%
20120.00%1.61%

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