NVOX vs MINN

Comparison between DEFIANCE DAILY TARGET 2X LONG NVO ETF (NVOX, ETF) and MAIRS & POWER MINNESOTA MUNICIPAL BOND ETF (MINN, ETF).

NVOX vs MINN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVOX(ETF)	MINN(ETF)
Net Assets	$46M	$46M
Expense Ratio	N/A	0.25%
Max Drawdown	94.50%	19.72%
Sharpe Ratio	-0.87	0.67
5Y Beta	1.93	0.05
5Y Dividends CAGR	N/A	117.75%

Net Assets

Winner

NVOX

$46M

MINN

$46M

Expense Ratio

NVOX

N/A

MINN

0.25%

Max Drawdown

NVOX

94.50%

Winner

MINN

19.72%

Sharpe Ratio

NVOX

-0.87

Winner

MINN

0.67

5Y Beta

NVOX

1.93

Winner

MINN

0.05

5Y Dividends CAGR

NVOX

N/A

MINN

117.75%

NVOX vs MINN - Historical Returns

Returns include dividend reinvestment.

Period	NVOX	MINN
1 month	-10.74%	+0.58%
3 months	+18.39%	+0.14%
6 months	-33.55%	+1.36%
1 year	-77.33%	+6.72%
5 years(CAGR)	N/A	-0.25%
Max(CAGR)	-81.16%	-0.04%

NVOX

-10.74%

Winner

MINN

+0.58%

Winner

NVOX

+18.39%

MINN

+0.14%

NVOX

-33.55%

Winner

MINN

+1.36%

NVOX

-77.33%

Winner

MINN

+6.72%

5Y(CAGR)

NVOX

N/A

MINN

-0.25%

Max(CAGR)

NVOX

-81.16%

Winner

MINN

-0.04%

NVOX vs MINN - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	NVOX	MINN
2026	-43.18%	+0.64%
2025	-77.42%	+5.42%
2024	-41.92%	+0.38%
2023	N/A	+4.91%
2022	N/A	-12.06%
2021	N/A	+1.28%

NVOX vs MINN 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 MINN was -18.37%, occurring on Oct 31, 2022. This drawdown has not yet recovered.

The current NVOX drawdown is -92.22%. The current MINN drawdown is -2.31%.

Rank	NVOX	MINN
#1	-94.50% Dec 11, 2024 - Mar 27, 2026	-18.37% Jul 19, 2021 - Oct 31, 2022
#2	-3.42% Dec 9, 2024 - Dec 11, 2024	-0.77% Jun 15, 2021 - Jul 8, 2021
#3	-0.63% Dec 3, 2024 - Dec 6, 2024	-0.51% Apr 26, 2021 - Jun 7, 2021
#4	N/A	-0.14% Mar 16, 2021 - Mar 23, 2021
#5	N/A	-0.12% Apr 8, 2021 - Apr 12, 2021
#6	N/A	-0.10% Jun 10, 2021 - Jun 15, 2021
#7	N/A	-0.08% Mar 30, 2021 - Apr 6, 2021
#8	N/A	-0.04% Jul 12, 2021 - Jul 14, 2021
#9	N/A	-0.04% Jul 14, 2021 - Jul 16, 2021
#10	N/A	-0.04% Mar 26, 2021 - Mar 30, 2021
#11	N/A	-0.02% Apr 12, 2021 - Apr 15, 2021
#12	N/A	-0.02% Apr 16, 2021 - Apr 20, 2021
#13	N/A	-0.01% Apr 22, 2021 - Apr 26, 2021

Correlation

Correlation between NVOX and MINN is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

-101