NIOG vs ZETX

Comparison between Leverage Shares 2X Long NIO Daily ETF (NIOG, ETF) and Defiance Daily Target 2x Long ZETA ETF (ZETX, ETF).

NIOG vs ZETX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NIOG(ETF)	ZETX(ETF)
Net Assets	$4.70M	$4.80M
Max Drawdown	56.27%	52.42%
Sharpe Ratio	0.03	0.78
5Y Beta	2.33	4.19

Net Assets

NIOG

$4.70M

Winner

ZETX

$4.80M

Max Drawdown

NIOG

56.27%

Winner

ZETX

52.42%

Sharpe Ratio

NIOG

0.03

Winner

ZETX

0.78

5Y Beta

Winner

NIOG

2.33

ZETX

4.19

NIOG vs ZETX - Historical Returns

Returns include dividend reinvestment.

Period	NIOG	ZETX
1 month	-12.77%	+25.17%
3 months	-49.72%	+19.50%
6 months	-15.22%	+8.54%
Max(CAGR)	-40.72%	+19.62%

NIOG

-12.77%

Winner

ZETX

+25.17%

NIOG

-49.72%

Winner

ZETX

+19.50%

NIOG

-15.22%

Winner

ZETX

+8.54%

Max(CAGR)

NIOG

-40.72%

Winner

ZETX

+19.62%

NIOG vs ZETX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	NIOG	ZETX
2026	-32.08%	+8.54%
2025	+5.33%	N/A

NIOG vs ZETX Drawdown Comparison

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

The maximum drawdown for ZETX was -52.42%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The current NIOG drawdown is -56.27%. The current ZETX drawdown is -35.13%.

Rank	NIOG	ZETX
#1	-56.27% Apr 16, 2026 - Jul 21, 2026	-52.42% Jun 1, 2026 - Jun 25, 2026
#2	-37.67% Dec 30, 2025 - Mar 13, 2026	-44.78% Mar 9, 2026 - May 29, 2026
#3	-24.41% Mar 16, 2026 - Apr 1, 2026	-29.94% Feb 4, 2026 - Feb 26, 2026
#4	-8.69% Apr 8, 2026 - Apr 10, 2026	-12.82% Feb 26, 2026 - Mar 4, 2026
#5	-5.31% Dec 22, 2025 - Dec 26, 2025	-1.18% Mar 5, 2026 - Mar 9, 2026
#6	-4.22% Apr 14, 2026 - Apr 16, 2026	N/A
#7	-3.42% Apr 2, 2026 - Apr 8, 2026	N/A
#8	-0.39% Apr 10, 2026 - Apr 14, 2026	N/A