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IONZ vs MJSC

Comparison between Defiance Daily Target 2x Short IONQ ETF (IONZ, ETF) and MUFG JAPAN SMALL CAP ACTIVE ETF (MJSC, ETF).

IONZ vs MJSC - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
IONZ
$17M
Winner
MJSC
$24M
Expense Ratio
IONZ
N/A
MJSC
1.01%
Max Drawdown
IONZ
98.66%
Winner
MJSC
12.63%
Sharpe Ratio
IONZ
-1.13
Winner
MJSC
1.21
5Y Beta
Winner
IONZ
-6.73
MJSC
1.06

IONZ vs MJSC - Holdings Comparison

IONZ and MJSC have 0 common holdings. Overlap is 0.00%

IONZ's top 25 holdings weight is 6.22%. MJSC's top 25 holdings weight is 41.99%.

RankIONZMJSC
#1
FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 6.22%
MEIKO ELECTRONICS CO LTD (n/a) - 2.74%
#2N/A
FUJI CORP (n/a) - 2.49%
#3N/A
TAIYO YUDEN CO LTD (n/a) - 2.31%
#4N/A
MICRONICS JAPAN CO LTD (n/a) - 1.97%
#5N/A
TOKYO OHKA KOGYO CO LTD (n/a) - 1.91%
#6N/A
HACHIJUNI NAGANO BANK LTD (n/a) - 1.88%
#7N/A
MUSASHI SEIMITSU INDUSTRY CO LTD (n/a) - 1.81%
#8N/A
BUYSELL TECHNOLOGIES CO LTD (n/a) - 1.79%
#9N/A
MACNICA HOLDINGS INC (n/a) - 1.69%
#10N/A
SKY PERFECT JSAT CORP (n/a) - 1.64%
#11N/A
KURITA WATER INDUSTRIES LTD (n/a) - 1.60%
#12N/A
KANDENKO CO LTD (n/a) - 1.58%
#13N/A
INFRONEER HOLDINGS INC (n/a) - 1.57%
#14N/A
ANRITSU CORP (n/a) - 1.55%
#15N/A
KYOTO FINANCIAL GROUP INC (n/a) - 1.54%
#16N/A
SHIZUOKA FINANCIAL GROUP INC (n/a) - 1.47%
#17N/A
GUNMA BANK LTD (n/a) - 1.45%
#18N/A
TOKYO TATEMONO CO LTD (n/a) - 1.43%
#19N/A
SAIZERIYA CO LTD (n/a) - 1.41%
#20N/A
MEIDENSHA CORP (n/a) - 1.40%
#21N/A
SUMITOMO BAKELITE CO LTD (n/a) - 1.39%
#22N/A
NAGASE & CO LTD (n/a) - 1.35%
#23N/A
RAITO KOGYO CO LTD (n/a) - 1.35%
#24N/A
MARUWA CO LTD (n/a) - 1.34%
#25N/A
TOKYO CENTURY CORP (n/a) - 1.33%
Total Holdings197

IONZ vs MJSC - Historical Returns

Returns include dividend reinvestment.

1M
IONZ
-46.65%
Winner
MJSC
+0.00%
3M
IONZ
-89.51%
Winner
MJSC
+9.81%
6M
IONZ
-91.39%
Winner
MJSC
+20.93%
1Y
IONZ
-98.24%
MJSC
N/A
Max(CAGR)
IONZ
-98.41%
Winner
MJSC
+32.04%

IONZ vs MJSC - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

YearIONZMJSC
2026-89.59%+21.50%
2025-81.41%+0.41%

IONZ vs MJSC 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 MJSC was -12.63%, occurring on Mar 20, 2026. Recovery took 49 trading sessions.

The current IONZ drawdown is -98.44%. The current MJSC drawdown is -2.80%.

RankIONZMJSC
#1-98.66%
Jun 25, 2025 - May 29, 2026
-12.63%
Feb 27, 2026 - May 8, 2026
#2N/A-7.14%
Sep 18, 2025 - Dec 10, 2025
#3N/A-7.05%
May 29, 2026 - Jun 10, 2026
#4N/A-2.57%
Dec 15, 2025 - Jan 5, 2026
#5N/A-2.57%
May 14, 2026 - May 26, 2026
#6N/A-2.41%
Jan 16, 2026 - Jan 27, 2026
#7N/A-1.64%
Jan 12, 2026 - Jan 16, 2026
#8N/A-1.57%
Jan 27, 2026 - Feb 4, 2026
#9N/A-0.89%
Dec 10, 2025 - Dec 15, 2025
#10N/A-0.88%
May 26, 2026 - May 28, 2026
#11N/A-0.75%
Feb 4, 2026 - Feb 6, 2026
#12N/A-0.49%
Feb 25, 2026 - Feb 27, 2026
#13N/A-0.24%
May 11, 2026 - May 13, 2026
#14N/A-0.16%
Feb 12, 2026 - Feb 19, 2026
#15N/A-0.05%
Feb 20, 2026 - Feb 24, 2026

Correlation

Correlation between IONZ and MJSC is -0.87 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.87
-101

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