LFBE vs CVNX

Comparison between Stone Ridge 2065 Longevity Income ETF (LFBE, ETF) and DEFIANCE DAILY TARGET 2X LONG CVNA ETF (CVNX, ETF).

LFBE vs CVNX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LFBE(ETF)	CVNX(ETF)
Net Assets	$3.20M	$3.30M
Expense Ratio	0.25%	N/A
Max Drawdown	13.35%	69.62%
Sharpe Ratio	0.04	0.17
5Y Beta	0.06	4.05

Net Assets

LFBE

$3.20M

Winner

CVNX

$3.30M

Expense Ratio

LFBE

0.25%

CVNX

N/A

Max Drawdown

Winner

LFBE

13.35%

CVNX

69.62%

Sharpe Ratio

LFBE

0.04

Winner

CVNX

0.17

5Y Beta

Winner

LFBE

0.06

CVNX

4.05

LFBE vs CVNX - Holdings Comparison

LFBE and CVNX have 1 common holdings. Overlap is 0.56%

LFBE's top 25 holdings weight is 1.12%. CVNX's top 25 holdings weight is 1.34%.

Rank	LFBE	CVNX
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.56%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 1.34%
#2	MORGAN STANLEY INSTL LQUDTY GOVT INSTL (MVRXX) - 0.56%	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	2	1

LFBE vs CVNX - Historical Returns

Returns include dividend reinvestment.

Period	LFBE	CVNX
1 month	+2.56%	+4.18%
3 months	-0.50%	+15.71%
6 months	+0.30%	-53.23%
1 year	+4.40%	-12.50%
Max(CAGR)	+3.60%	-28.83%

LFBE

+2.56%

Winner

CVNX

+4.18%

LFBE

-0.50%

Winner

CVNX

+15.71%

Winner

LFBE

+0.30%

CVNX

-53.23%

Winner

LFBE

+4.40%

CVNX

-12.50%

Max(CAGR)

Winner

LFBE

+3.60%

CVNX

-28.83%

LFBE vs CVNX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	LFBE	CVNX
2026	+0.24%	-40.00%
2025	+5.15%	+31.03%

LFBE vs CVNX Drawdown Comparison

The maximum drawdown for LFBE was -7.65%, occurring on May 21, 2025. Recovery took 130 trading sessions.

The maximum drawdown for CVNX was -69.62%, occurring on Mar 20, 2026. This drawdown has not yet recovered.

The current LFBE drawdown is -3.68%. The current CVNX drawdown is -57.59%.

Rank	LFBE	CVNX
#1	-7.65% Apr 4, 2025 - Oct 10, 2025	-69.62% Jan 22, 2026 - Mar 20, 2026
#2	-6.75% Feb 27, 2026 - May 19, 2026	-52.48% Jul 31, 2025 - Dec 8, 2025
#3	-3.97% Oct 22, 2025 - Feb 27, 2026	-30.93% Jun 4, 2025 - Jul 7, 2025
#4	-3.02% Mar 3, 2025 - Apr 3, 2025	-29.30% Dec 11, 2025 - Jan 22, 2026
#5	-2.19% Feb 6, 2025 - Feb 21, 2025	-17.67% Jul 7, 2025 - Jul 31, 2025
#6	-1.56% Jan 6, 2025 - Jan 16, 2025	N/A
#7	-0.87% Jan 21, 2025 - Jan 27, 2025	N/A
#8	-0.50% Feb 26, 2025 - Feb 28, 2025	N/A
#9	-0.48% Jan 30, 2025 - Feb 3, 2025	N/A
#10	-0.22% Oct 14, 2025 - Oct 16, 2025	N/A
#11	-0.21% Jan 27, 2025 - Jan 30, 2025	N/A
#12	-0.19% Oct 16, 2025 - Oct 20, 2025	N/A
#13	-0.02% Oct 10, 2025 - Oct 14, 2025	N/A

Correlation

Correlation between LFBE and CVNX is -0.47 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.47

-101