IVSX vs NIOG

Comparison between APPLIED FINANCE IVS INTERNATIONAL SMID ETF (IVSX, ETF) and Leverage Shares 2X Long NIO Daily ETF (NIOG, ETF).

IVSX vs NIOG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IVSX(ETF)	NIOG(ETF)
Net Assets	$4.60M	$4.70M
Expense Ratio	0.75%	N/A
Max Drawdown	11.96%	56.27%
Sharpe Ratio	-0.40	0.03
5Y Beta	1.04	2.33

Net Assets

IVSX

$4.60M

Winner

NIOG

$4.70M

Expense Ratio

IVSX

0.75%

NIOG

N/A

Max Drawdown

Winner

IVSX

11.96%

NIOG

56.27%

Sharpe Ratio

IVSX

-0.40

Winner

NIOG

0.03

5Y Beta

Winner

IVSX

1.04

NIOG

2.33

IVSX vs NIOG - Holdings Comparison

IVSX and NIOG have 0 common holdings. Overlap is 0.00%

IVSX's top 25 holdings weight is 31.19%. NIOG's top 25 holdings weight is 9.66%.

Rank	IVSX	NIOG
#1	SWISSQUOTE GROUP HOLDING SA (n/a) - 2.24%	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 9.66%
#2	RELO GROUP INC (n/a) - 2.24%	N/A
#3	TEMENOS AG (n/a) - 1.86%	N/A
#4	ITALGAS SPA (n/a) - 1.82%	N/A
#5	LEO PALACE21 CORP (n/a) - 1.77%	N/A
#6	U.S. BANK MONEY MARKET DEPOSIT ACCOUNT (n/a) - 1.57%	N/A
#7	IONOS GROUP SE REGISTERED SHARES (n/a) - 1.49%	N/A
#8	AIR FRANCE-KLM (n/a) - 1.37%	N/A
#9	LOTTOMATICA GROUP SPA (n/a) - 1.35%	N/A
#10	ST JAMES'S PLACE PLC (n/a) - 1.28%	N/A
#11	DIPLOMA PLC (n/a) - 1.19%	N/A
#12	STARTS CORP INC (n/a) - 1.17%	N/A
#13	PLUXEE NV (n/a) - 1.04%	N/A
#14	SUMITOMO CHEMICAL CO LTD (n/a) - 1.03%	N/A
#15	YASKAWA ELECTRIC CORP (n/a) - 1.01%	N/A
#16	n/a (n/a) - 0.96%	N/A
#17	KION GROUP AG (n/a) - 0.95%	N/A
#18	PERSEUS MINING LTD (n/a) - 0.95%	N/A
#19	BEAZLEY PLC (n/a) - 0.94%	N/A
#20	ISS AS (n/a) - 0.93%	N/A
#21	TECHNIP ENERGIES NV ORDINARY SHARES (n/a) - 0.90%	N/A
#22	TUI AG (n/a) - 0.84%	N/A
#23	ICG PLC (n/a) - 0.78%	N/A
#24	SCOR SE ACT. PROV. REGPT. (n/a) - 0.76%	N/A
#25	NITERRA CO LTD (n/a) - 0.75%	N/A
Total Holdings	256	1

IVSX vs NIOG - Historical Returns

Returns include dividend reinvestment.

Period	IVSX	NIOG
1 month	+0.82%	-12.77%
3 months	+1.40%	-49.72%
6 months	-2.24%	-15.22%
Max(CAGR)	-5.33%	-40.72%

Winner

IVSX

+0.82%

NIOG

-12.77%

Winner

IVSX

+1.40%

NIOG

-49.72%

Winner

IVSX

-2.24%

NIOG

-15.22%

Max(CAGR)

Winner

IVSX

-5.33%

NIOG

-40.72%

IVSX vs NIOG - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	IVSX	NIOG
2026	-2.24%	-32.08%
2025	N/A	+5.33%

IVSX vs NIOG Drawdown Comparison

The maximum drawdown for IVSX was -11.96%, occurring on Mar 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for NIOG was -56.27%, occurring on Jul 21, 2026. This drawdown has not yet recovered.

The current IVSX drawdown is -2.94%. The current NIOG drawdown is -56.27%.

Rank	IVSX	NIOG
#1	-11.96% Feb 27, 2026 - Mar 20, 2026	-56.27% Apr 16, 2026 - Jul 21, 2026
#2	-0.68% Feb 20, 2026 - Feb 25, 2026	-37.67% Dec 30, 2025 - Mar 13, 2026
#3	-0.16% Feb 25, 2026 - Feb 27, 2026	-24.41% Mar 16, 2026 - Apr 1, 2026
#4	N/A	-8.69% Apr 8, 2026 - Apr 10, 2026
#5	N/A	-5.31% Dec 22, 2025 - Dec 26, 2025
#6	N/A	-4.22% Apr 14, 2026 - Apr 16, 2026
#7	N/A	-3.42% Apr 2, 2026 - Apr 8, 2026
#8	N/A	-0.39% Apr 10, 2026 - Apr 14, 2026

Correlation

Correlation between IVSX and NIOG is -0.52 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.52

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