MRNX vs BIS
Comparison between DEFIANCE DAILY TARGET 2X ETF (MRNX, ETF) and ProShares UltraShort Nasdaq Biotechnology -2x Shares (BIS, ETF).
MRNX vs BIS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
MRNX
$2.30M
Winner
BIS
$2.40M
Max Drawdown
Winner
MRNX
45.00%
BIS
99.88%
Sharpe Ratio
Winner
MRNX
0.81
BIS
-1.59
5Y Beta
MRNX
4.11
Winner
BIS
-1.53
5Y Dividends CAGR
MRNX
N/A
BIS
39.90%
MRNX vs BIS - Historical Returns
Returns include dividend reinvestment.
1M
Winner
MRNX
+25.16%
BIS
-5.21%
3M
Winner
MRNX
-2.83%
BIS
-8.26%
6M
MRNX
N/A
BIS
-11.83%
1Y
MRNX
N/A
BIS
-50.16%
5Y(CAGR)
MRNX
N/A
BIS
-14.17%
10Y(CAGR)
MRNX
N/A
BIS
-24.81%
Max(CAGR)
Winner
MRNX
+157.32%
BIS
-32.02%
MRNX vs BIS - Annual Returns (2010 - 2026)
Returns include dividend reinvestment.
| Year | MRNX | BIS |
|---|---|---|
| 2026 | +40.72% | -11.33% |
| 2025 | N/A | -45.42% |
| 2024 | N/A | +9.05% |
| 2023 | N/A | -8.27% |
| 2022 | N/A | -0.92% |
| 2021 | N/A | -15.85% |
| 2020 | N/A | -56.56% |
| 2019 | N/A | -40.13% |
| 2018 | N/A | +10.91% |
| 2017 | N/A | -34.39% |
| 2016 | N/A | +14.53% |
| 2015 | N/A | -36.47% |
| 2014 | N/A | -55.30% |
| 2013 | N/A | -66.68% |
| 2012 | N/A | -47.94% |
| 2011 | N/A | -35.83% |
| 2010 | N/A | -16.53% |
MRNX vs BIS Drawdown Comparison
The maximum drawdown for MRNX was -45.00%, occurring on Jun 10, 2026. This drawdown has not yet recovered.
The maximum drawdown for BIS was -99.87%, occurring on Apr 17, 2026. This drawdown has not yet recovered.
The current MRNX drawdown is -19.13%. The current BIS drawdown is -99.86%.
| Rank | MRNX | BIS |
|---|---|---|
| #1 | -45.00% Mar 4, 2026 - Jun 10, 2026 | -99.87% Jul 6, 2010 - Apr 17, 2026 |
| #2 | -13.64% Feb 27, 2026 - Mar 4, 2026 | -13.04% Jun 9, 2010 - Jul 1, 2010 |
| #3 | -12.79% Feb 4, 2026 - Feb 17, 2026 | -11.83% May 6, 2010 - May 20, 2010 |
| #4 | N/A | -9.45% May 26, 2010 - Jun 8, 2010 |
| #5 | N/A | -6.59% Apr 27, 2010 - May 5, 2010 |
| #6 | N/A | -2.89% Apr 8, 2010 - Apr 21, 2010 |
| #7 | N/A | -1.87% Apr 22, 2010 - Apr 27, 2010 |
| #8 | N/A | -1.43% Jul 1, 2010 - Jul 6, 2010 |
Correlation
Correlation between MRNX and BIS is -0.29 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.29
-101
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