NVOX vs FLQS

Comparison between DEFIANCE DAILY TARGET 2X LONG NVO ETF (NVOX, ETF) and FRANKLIN U.S. SMALL CAP MULTIFACTOR INDEX ETF (FLQS, ETF).

NVOX vs FLQS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVOX(ETF)	FLQS(ETF)
Net Assets	$52M	$51M
Expense Ratio	N/A	0.35%
Max Drawdown	94.50%	43.65%
Sharpe Ratio	-0.40	1.13
5Y Beta	1.81	0.86
P/E Ratio	N/A	23.26
Forward P/E	N/A	15.09
5Y Dividends CAGR	N/A	14.82%
5Y EPS CAGR	N/A	12.60%
Debt to Equity	N/A	83.87%
P/S Ratio	N/A	1.22
P/B Ratio	N/A	2.36

Net Assets

Winner

NVOX

$52M

FLQS

$51M

Expense Ratio

NVOX

N/A

FLQS

0.35%

Max Drawdown

NVOX

94.50%

Winner

FLQS

43.65%

Sharpe Ratio

NVOX

-0.40

Winner

FLQS

1.13

5Y Beta

NVOX

1.81

Winner

FLQS

0.86

P/E Ratio

NVOX

N/A

FLQS

23.26

Forward P/E

NVOX

N/A

FLQS

15.09

5Y Dividends CAGR

NVOX

N/A

FLQS

14.82%

5Y EPS CAGR

NVOX

N/A

FLQS

12.60%

Debt to Equity

NVOX

N/A

FLQS

83.87%

P/S Ratio

NVOX

N/A

FLQS

1.22

P/B Ratio

NVOX

N/A

FLQS

2.36

NVOX vs FLQS - Holdings Comparison

NVOX and FLQS have 0 common holdings. Overlap is 0.00%

NVOX's top 25 holdings weight is 1.17%. FLQS's top 25 holdings weight is 19.10%.

Rank	NVOX	FLQS
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 1.17%	ALKERMES PLC (ALKS) - 1.12%
#2	N/A	ESCO TECHNOLOGIES INC (ESE) - 1.00%
#3	N/A	MOOG INC CLASS A (MOG-A) - 0.99%
#4	N/A	ESSENT GROUP LTD (ESNT) - 0.96%
#5	N/A	CARETRUST REIT INC (CTRE) - 0.90%
#6	N/A	COMMVAULT SYSTEMS INC (CVLT) - 0.90%
#7	N/A	FIRSTCASH HOLDINGS INC (FCFS) - 0.89%
#8	N/A	PROTAGONIST THERAPEUTICS INC (PTGX) - 0.87%
#9	N/A	COMPASS INC CLASS A (COMP) - 0.86%
#10	N/A	SELECTIVE INSURANCE GROUP INC (SIGI) - 0.84%
#11	N/A	LANTHEUS HOLDINGS INC (LNTH) - 0.80%
#12	N/A	CLEAR SECURE INC ORDINARY SHARES CLASS A (YOU) - 0.78%
#13	N/A	QUALYS INC (QLYS) - 0.78%
#14	N/A	SOUTHWEST GAS HOLDINGS INC (SWX) - 0.76%
#15	N/A	ENOVA INTERNATIONAL INC (ENVA) - 0.76%
#16	N/A	TXNM ENERGY INC (TXNM) - 0.74%
#17	N/A	INTERDIGITAL INC (IDCC) - 0.74%
#18	N/A	ARCHROCK INC (AROC) - 0.72%
#19	N/A	HOME BANCSHARES INC (HOMB) - 0.72%
#20	N/A	ACI WORLDWIDE INC (ACIW) - 0.72%
#21	N/A	ACADIA PHARMACEUTICALS INC (ACAD) - 0.46%
#22	N/A	BELDEN INC (BDC) - 0.46%
#23	N/A	REMITLY GLOBAL INC (RELY) - 0.45%
#24	N/A	AVISTA CORP (AVA) - 0.44%
#25	N/A	COPT DEFENSE PROPERTIES (CDP) - 0.44%
Total Holdings	1	455

NVOX vs FLQS - Historical Returns

Returns include dividend reinvestment.

Period	NVOX	FLQS
1 month	+13.16%	+4.67%
3 months	+45.45%	+8.07%
6 months	-42.01%	+9.59%
1 year	-62.43%	+21.87%
5 years(CAGR)	N/A	+7.09%
10 years(CAGR)	N/A	+9.00%
Max(CAGR)	-75.09%	+9.00%

Winner

NVOX

+13.16%

FLQS

+4.67%

Winner

NVOX

+45.45%

FLQS

+8.07%

NVOX

-42.01%

Winner

FLQS

+9.59%

NVOX

-62.43%

Winner

FLQS

+21.87%

5Y(CAGR)

NVOX

N/A

FLQS

+7.09%

10Y(CAGR)

NVOX

N/A

FLQS

+9.00%

Max(CAGR)

NVOX

-75.09%

Winner

FLQS

+9.00%

NVOX vs FLQS - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	NVOX	FLQS
2026	-27.43%	+15.33%
2025	-77.42%	+5.32%
2024	-41.92%	+9.06%
2023	N/A	+21.30%
2022	N/A	-17.10%
2021	N/A	+28.58%
2020	N/A	+10.48%
2019	N/A	+18.38%
2018	N/A	-5.07%
2017	N/A	+7.41%

NVOX vs FLQS Drawdown Comparison

The maximum drawdown for NVOX was -94.50%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for FLQS was -42.16%, occurring on Mar 18, 2020. Recovery took 555 trading sessions.

The current NVOX drawdown is -90.06%. The current FLQS drawdown is -1.00%.

Rank	NVOX	FLQS
#1	-94.50% Dec 11, 2024 - Mar 27, 2026	-42.16% Sep 4, 2018 - Nov 16, 2020
#2	-3.42% Dec 9, 2024 - Dec 11, 2024	-28.05% Nov 16, 2021 - Mar 27, 2024
#3	-0.63% Dec 3, 2024 - Dec 6, 2024	-23.12% Nov 25, 2024 - Jan 15, 2026
#4	N/A	-8.90% Jul 31, 2024 - Oct 16, 2024
#5	N/A	-8.47% Feb 26, 2026 - Apr 17, 2026
#6	N/A	-7.85% Mar 28, 2024 - Jul 15, 2024
#7	N/A	-7.73% Jan 31, 2018 - Apr 19, 2018
#8	N/A	-7.59% Mar 15, 2021 - Apr 23, 2021
#9	N/A	-5.82% May 7, 2021 - Jun 8, 2021
#10	N/A	-5.76% Jun 8, 2021 - Aug 6, 2021
#11	N/A	-4.51% Sep 2, 2021 - Oct 25, 2021
#12	N/A	-4.37% Apr 28, 2017 - Oct 3, 2017
#13	N/A	-4.26% Nov 11, 2024 - Nov 25, 2024
#14	N/A	-4.22% Feb 24, 2021 - Mar 9, 2021
#15	N/A	-4.08% May 6, 2026 - Jun 9, 2026

Correlation

Correlation between NVOX and FLQS is -0.58 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.58

-101