LNOK vs FXC
Comparison between DEFIANCE DAILY TARGET 2X LONG NOK ETF (LNOK, ETF) and Invesco CurrencyShares Canadian Dollar Trust (FXC, ETF).
LNOK vs FXC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
LNOK
$76M
FXC
$76M
Expense Ratio
LNOK
N/A
FXC
0.40%
Max Drawdown
LNOK
67.95%
Winner
FXC
38.57%
Sharpe Ratio
Winner
LNOK
1.68
FXC
-1.43
5Y Beta
LNOK
4.09
Winner
FXC
0.04
LNOK vs FXC - Historical Returns
Returns include dividend reinvestment.
1M
LNOK
-49.55%
Winner
FXC
+0.24%
3M
LNOK
-16.39%
Winner
FXC
-3.09%
6M
Winner
LNOK
+98.07%
FXC
-1.97%
1Y
LNOK
N/A
FXC
-2.86%
5Y(CAGR)
LNOK
N/A
FXC
-1.38%
10Y(CAGR)
LNOK
N/A
FXC
-0.24%
Max(CAGR)
Winner
LNOK
+297.16%
FXC
-0.52%
LNOK vs FXC - Annual Returns (2006 - 2026)
Returns include dividend reinvestment.
| Year | LNOK | FXC |
|---|---|---|
| 2026 | +98.07% | -2.63% |
| 2025 | N/A | +5.34% |
| 2024 | N/A | -5.36% |
| 2023 | N/A | +5.37% |
| 2022 | N/A | -5.64% |
| 2021 | N/A | +0.73% |
| 2020 | N/A | +1.91% |
| 2019 | N/A | +5.40% |
| 2018 | N/A | -8.01% |
| 2017 | N/A | +6.76% |
| 2016 | N/A | +3.37% |
| 2015 | N/A | -15.21% |
| 2014 | N/A | -7.97% |
| 2013 | N/A | -7.07% |
| 2012 | N/A | +1.92% |
| 2011 | N/A | -2.29% |
| 2010 | N/A | +4.01% |
| 2009 | N/A | +15.22% |
| 2008 | N/A | -16.51% |
| 2007 | N/A | +22.23% |
| 2006 | N/A | -2.12% |
LNOK vs FXC Drawdown Comparison
The maximum drawdown for LNOK was -67.95%, occurring on Jul 17, 2026. This drawdown has not yet recovered.
The maximum drawdown for FXC was -35.39%, occurring on Jan 19, 2016. This drawdown has not yet recovered.
The current LNOK drawdown is -64.47%. The current FXC drawdown is -29.95%.
| Rank | LNOK | FXC |
|---|---|---|
| #1 | -67.95% Jun 2, 2026 - Jul 17, 2026 | -35.39% Nov 7, 2007 - Jan 19, 2016 |
| #2 | -19.64% May 26, 2026 - Jun 2, 2026 | -5.48% Sep 1, 2006 - Apr 18, 2007 |
| #3 | -18.24% Jan 27, 2026 - Feb 6, 2026 | -3.64% Jul 24, 2007 - Sep 11, 2007 |
| #4 | -17.06% Mar 16, 2026 - Apr 2, 2026 | -2.75% Jul 3, 2006 - Aug 23, 2006 |
| #5 | -16.81% May 5, 2026 - May 11, 2026 | -1.52% Oct 19, 2007 - Oct 25, 2007 |
| #6 | -15.42% May 13, 2026 - May 22, 2026 | -1.50% Jun 6, 2007 - Jun 28, 2007 |
| #7 | -15.30% Apr 20, 2026 - Apr 27, 2026 | -1.01% May 7, 2007 - May 15, 2007 |
| #8 | -11.92% Mar 2, 2026 - Mar 16, 2026 | -0.72% Oct 31, 2007 - Nov 2, 2007 |
| #9 | -11.68% May 11, 2026 - May 13, 2026 | -0.71% Oct 1, 2007 - Oct 5, 2007 |
| #10 | -9.74% Feb 11, 2026 - Feb 18, 2026 | -0.65% Oct 12, 2007 - Oct 18, 2007 |
| #11 | -7.82% Apr 13, 2026 - Apr 20, 2026 | -0.61% Apr 25, 2007 - Apr 30, 2007 |
| #12 | -7.17% Feb 20, 2026 - Mar 2, 2026 | -0.52% Oct 5, 2007 - Oct 10, 2007 |
| #13 | -2.62% May 1, 2026 - May 5, 2026 | -0.51% Jul 19, 2007 - Jul 24, 2007 |
| #14 | -2.05% Feb 9, 2026 - Feb 11, 2026 | -0.51% Jun 28, 2007 - Jul 2, 2007 |
| #15 | -1.67% Apr 9, 2026 - Apr 13, 2026 | -0.47% Jul 9, 2007 - Jul 12, 2007 |
Correlation
Correlation between LNOK and FXC is -0.11 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.11
-101
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