IONZ vs QCMU

Comparison between Defiance Daily Target 2x Short IONQ ETF (IONZ, ETF) and Direxion Daily QCOM Bull 2X ETF (QCMU, ETF).

IONZ vs QCMU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IONZ(ETF)	QCMU(ETF)
Net Assets	$17M	$57M
Max Drawdown	98.66%	60.12%
Sharpe Ratio	-1.13	0.78
5Y Beta	-6.73	3.91

Net Assets

IONZ

$17M

Winner

QCMU

$57M

Max Drawdown

IONZ

98.66%

Winner

QCMU

60.12%

Sharpe Ratio

IONZ

-1.13

Winner

QCMU

0.78

5Y Beta

Winner

IONZ

-6.73

QCMU

3.91

IONZ vs QCMU - Holdings Comparison

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

IONZ's top 25 holdings weight is 6.22%. QCMU's top 25 holdings weight is 10.97%.

Rank	IONZ	QCMU
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 6.22%	QUALCOMM INC (QCOM) - 10.97%
#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 QCMU - Historical Returns

Returns include dividend reinvestment.

Period	IONZ	QCMU
1 month	-32.60%	-6.08%
3 months	-88.32%	+118.93%
6 months	-88.56%	+13.70%
1 year	-98.00%	+36.58%
Max(CAGR)	-98.25%	+38.20%

IONZ

-32.60%

Winner

QCMU

-6.08%

IONZ

-88.32%

Winner

QCMU

+118.93%

IONZ

-88.56%

Winner

QCMU

+13.70%

IONZ

-98.00%

Winner

QCMU

+36.58%

Max(CAGR)

IONZ

-98.25%

Winner

QCMU

+38.20%

IONZ vs QCMU - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	IONZ	QCMU
2026	-88.19%	+21.72%
2025	-81.41%	+9.91%

IONZ vs QCMU 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 QCMU was -59.48%, occurring on Apr 7, 2026. Recovery took 132 trading sessions.

The current IONZ drawdown is -98.23%. The current QCMU drawdown is -31.80%.

Rank	IONZ	QCMU
#1	-98.66% Jun 25, 2025 - May 29, 2026	-59.48% Oct 27, 2025 - May 7, 2026
#2	N/A	-43.92% May 29, 2026 - Jun 10, 2026
#3	N/A	-34.12% May 11, 2026 - May 26, 2026
#4	N/A	-22.59% Sep 24, 2025 - Oct 27, 2025
#5	N/A	-21.22% Jul 2, 2025 - Sep 17, 2025
#6	N/A	-12.29% May 26, 2026 - May 29, 2026
#7	N/A	-1.62% Sep 18, 2025 - Sep 22, 2025
#8	N/A	-0.36% Sep 22, 2025 - Sep 24, 2025

Correlation

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

-0.33

-101