IONZ vs ANEL

Comparison between Defiance Daily Target 2x Short IONQ ETF (IONZ, ETF) and Defiance Daily Target 2x Long ANET ETF (ANEL, ETF).

IONZ vs ANEL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IONZ(ETF)	ANEL(ETF)
Net Assets	$22M	$22M
Max Drawdown	98.66%	56.57%
Sharpe Ratio	-0.46	0.55
5Y Beta	-6.74	4.07

Net Assets

Winner

IONZ

$22M

ANEL

$22M

Max Drawdown

IONZ

98.66%

Winner

ANEL

56.57%

Sharpe Ratio

IONZ

-0.46

Winner

ANEL

0.55

5Y Beta

Winner

IONZ

-6.74

ANEL

4.07

IONZ vs ANEL - Holdings Comparison

IONZ and ANEL have 1 common holdings. Overlap is 6.22%

IONZ's top 25 holdings weight is 6.22%. ANEL's top 25 holdings weight is 8.81%.

Rank	IONZ	ANEL
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 6.22%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 8.81%
#2	N/A	N/A
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	1

IONZ vs ANEL - Historical Returns

Returns include dividend reinvestment.

Period	IONZ	ANEL
1 month	+130.13%	-4.73%
3 months	-19.79%	-11.78%
6 months	-70.04%	+45.51%
1 year	-94.00%	+3.01%
Max(CAGR)	-94.64%	+3.45%

Winner

IONZ

+130.13%

ANEL

-4.73%

IONZ

-19.79%

Winner

ANEL

-11.78%

IONZ

-70.04%

Winner

ANEL

+45.51%

IONZ

-94.00%

Winner

ANEL

+3.01%

Max(CAGR)

IONZ

-94.64%

Winner

ANEL

+3.45%

IONZ vs ANEL - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	IONZ	ANEL
2026	-74.49%	+29.49%
2025	-81.41%	-23.33%

IONZ vs ANEL Drawdown Comparison

The maximum drawdown for IONZ was -98.66%, occurring on May 29, 2026. This drawdown has not yet recovered.

The maximum drawdown for ANEL was -56.57%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current IONZ drawdown is -96.17%. The current ANEL drawdown is -16.92%.

Rank	IONZ	ANEL
#1	-98.66% Jun 25, 2025 - May 29, 2026	-56.57% Oct 29, 2025 - Mar 30, 2026
#2	N/A	-23.76% Oct 9, 2025 - Oct 29, 2025
#3	N/A	-18.09% Sep 11, 2025 - Oct 8, 2025
#4	N/A	-4.10% Sep 5, 2025 - Sep 10, 2025

Correlation

Correlation between IONZ and ANEL is -0.40 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.40

-101