IPAV vs DKNX
Comparison between GLOBAL X INFRASTRUCTURE DEVELOPMENT EX-U.S. ETF (IPAV, ETF) and DEFIANCE DAILY TARGET 2X LONG DKNG ETF (DKNX, ETF).
IPAV vs DKNX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
IPAV vs DKNX - Holdings Comparison
IPAV and DKNX have 0 common holdings. Overlap is 0.00%
IPAV's top 25 holdings weight is 65.20%. DKNX's top 25 holdings weight is 10.37%.
| Rank | IPAV | DKNX |
|---|---|---|
| #1 | FUJIKURA LTD (n/a) - 3.71% | FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 10.37% |
| #2 | LARSEN & TOUBRO LTD (n/a) - 3.31% | N/A |
| #3 | CANADIAN NATIONAL RAILWAY CO (n/a) - 3.30% | N/A |
| #4 | SHIN-ETSU CHEMICAL CO LTD (n/a) - 3.20% | N/A |
| #5 | CANADIAN PACIFIC LTD (n/a) - 3.17% | N/A |
| #6 | VINCI SA (n/a) - 3.17% | N/A |
| #7 | FERROVIAL NV (n/a) - 3.13% | N/A |
| #8 | HOLCIM LTD (n/a) - 3.03% | N/A |
| #9 | PRYSMIAN SPA (n/a) - 2.96% | N/A |
| #10 | HEIDELBERG MATERIALS AG (n/a) - 2.93% | N/A |
| #11 | ARCELORMITTAL SA NEW REG.SHS EX-ARCELOR (n/a) - 2.84% | N/A |
| #12 | CEMEX SAB DE CV ADR (CX) - 2.81% | N/A |
| #13 | TATA STEEL LTD (n/a) - 2.59% | N/A |
| #14 | CELLNEX TELECOM SA (n/a) - 2.58% | N/A |
| #15 | DOOSAN ENERBILITY CO LTD (n/a) - 2.44% | N/A |
| #16 | NIPPON STEEL CORP (n/a) - 2.32% | N/A |
| #17 | HINDALCO INDUSTRIES LTD (n/a) - 2.22% | N/A |
| #18 | ULTRATECH CEMENT LTD (n/a) - 2.21% | N/A |
| #19 | POSCO HOLDINGS INC (n/a) - 2.17% | N/A |
| #20 | WEG SA (n/a) - 2.13% | N/A |
| #21 | LS ELECTRIC CO LTD (n/a) - 2.05% | N/A |
| #22 | n/a (n/a) - 2.01% | N/A |
| #23 | JSW STEEL LTD (n/a) - 1.79% | N/A |
| #24 | ATKINSREALIS GROUP INC (n/a) - 1.61% | N/A |
| #25 | BLUESCOPE STEEL LTD (n/a) - 1.52% | N/A |
| Total Holdings | 108 | 1 |
IPAV vs DKNX - Historical Returns
Returns include dividend reinvestment.
IPAV vs DKNX - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | IPAV | DKNX |
|---|---|---|
| 2026 | +5.74% | -66.21% |
| 2025 | +29.49% | -50.48% |
| 2024 | -6.87% | N/A |
IPAV vs DKNX Drawdown Comparison
The maximum drawdown for IPAV was -14.59%, occurring on Mar 30, 2026. Recovery took 48 trading sessions.
The maximum drawdown for DKNX was -86.10%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current IPAV drawdown is -10.65%. The current DKNX drawdown is -84.14%.
| Rank | IPAV | DKNX |
|---|---|---|
| #1 | -14.59% Feb 25, 2026 - May 5, 2026 | -86.10% Aug 28, 2025 - Mar 27, 2026 |
| #2 | -14.19% Sep 26, 2024 - May 5, 2025 | -12.14% Aug 6, 2025 - Aug 18, 2025 |
| #3 | -11.56% May 6, 2026 - Jul 20, 2026 | -5.78% Jul 31, 2025 - Aug 6, 2025 |
| #4 | -5.41% Jul 23, 2025 - Sep 11, 2025 | -3.29% Aug 18, 2025 - Aug 21, 2025 |
| #5 | -5.06% Oct 28, 2025 - Dec 15, 2025 | -1.36% Aug 22, 2025 - Aug 26, 2025 |
| #6 | -3.57% Aug 30, 2024 - Sep 19, 2024 | N/A |
| #7 | -3.03% Jun 11, 2025 - Jun 26, 2025 | N/A |
| #8 | -2.45% Sep 16, 2025 - Oct 3, 2025 | N/A |
| #9 | -2.22% Oct 8, 2025 - Oct 15, 2025 | N/A |
| #10 | -2.03% Feb 11, 2026 - Feb 24, 2026 | N/A |
| #11 | -1.85% Dec 15, 2025 - Dec 23, 2025 | N/A |
| #12 | -1.66% Jan 29, 2026 - Feb 3, 2026 | N/A |
| #13 | -1.49% Jan 15, 2026 - Jan 22, 2026 | N/A |
| #14 | -1.41% Jul 3, 2025 - Jul 9, 2025 | N/A |
| #15 | -1.33% May 5, 2025 - May 12, 2025 | N/A |
Correlation
Correlation between IPAV and DKNX is -0.81 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
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