OIA vs IONX

Comparison between Invesco Municipal Income Opportunities Trust (OIA, ETF) and DEFIANCE DAILY TARGET 2X LONG IONQ ETF (IONX, ETF).

OIA vs IONX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OIA(ETF)	IONX(ETF)
Net Assets	$296M	$297M
Max Drawdown	58.71%	93.90%
Sharpe Ratio	0.75	0.66
5Y Beta	0.17	5.29
5Y Dividends CAGR	-1.63%	N/A

Net Assets

OIA

$296M

Winner

IONX

$297M

Max Drawdown

Winner

OIA

58.71%

IONX

93.90%

Sharpe Ratio

Winner

OIA

0.75

IONX

0.66

5Y Beta

Winner

OIA

0.17

IONX

5.29

5Y Dividends CAGR

OIA

-1.63%

IONX

N/A

OIA vs IONX - Historical Returns

Returns include dividend reinvestment.

Period	OIA	IONX
1 month	-1.32%	+20.97%
3 months	-1.81%	+82.63%
6 months	+0.55%	-35.10%
1 year	+12.11%	-19.54%
5 years(CAGR)	-0.66%	N/A
10 years(CAGR)	+2.78%	N/A
Max(CAGR)	+4.80%	+46.26%

OIA

-1.32%

Winner

IONX

+20.97%

OIA

-1.81%

Winner

IONX

+82.63%

Winner

OIA

+0.55%

IONX

-35.10%

Winner

OIA

+12.11%

IONX

-19.54%

5Y(CAGR)

OIA

-0.66%

IONX

N/A

10Y(CAGR)

OIA

+2.78%

IONX

N/A

Max(CAGR)

OIA

+4.80%

Winner

IONX

+46.26%

OIA vs IONX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	OIA	IONX
2026	+3.24%	-11.41%
2025	+6.44%	+67.10%
2024	-4.20%	N/A
2023	+7.17%	N/A
2022	-17.71%	N/A
2021	+6.09%	N/A
2020	+4.68%	N/A
2019	+17.64%	N/A
2018	-8.99%	N/A
2017	+17.32%	N/A
2016	+3.43%	N/A
2015	+10.72%	N/A
2014	+18.25%	N/A
2013	-12.44%	N/A
2012	+16.13%	N/A
2011	+16.63%	N/A
2010	+6.34%	N/A
2009	+37.16%	N/A
2008	-32.05%	N/A
2007	-21.12%	N/A
2006	+20.62%	N/A
2005	+21.06%	N/A
2004	+12.12%	N/A
2003	+3.36%	N/A
2002	-0.03%	N/A
2001	-0.47%	N/A
2000	+8.10%	N/A
1999	-5.35%	N/A

OIA vs IONX Drawdown Comparison

The maximum drawdown for OIA was -55.23%, occurring on Oct 10, 2008. Recovery took 1283 trading sessions.

The maximum drawdown for IONX was -93.75%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current OIA drawdown is -7.89%. The current IONX drawdown is -78.20%.

Rank	OIA	IONX
#1	-55.23% May 11, 2007 - Jun 13, 2012	-93.75% Oct 13, 2025 - Mar 30, 2026
#2	-34.85% Aug 30, 2021 - Oct 27, 2023	-50.31% May 27, 2025 - Sep 12, 2025
#3	-31.78% Feb 24, 2020 - Dec 31, 2020	-39.73% Mar 24, 2025 - Apr 24, 2025
#4	-22.39% Nov 26, 2012 - Jan 12, 2015	-33.90% Sep 23, 2025 - Oct 6, 2025
#5	-19.90% Sep 6, 2000 - Feb 12, 2001	-29.94% Mar 14, 2025 - Mar 24, 2025
#6	-14.09% Sep 30, 2016 - May 31, 2017	-21.88% Oct 7, 2025 - Oct 13, 2025
#7	-13.06% Sep 10, 2018 - Mar 21, 2019	-11.53% May 2, 2025 - May 8, 2025
#8	-11.94% Oct 7, 2002 - Jun 11, 2003	-11.05% Apr 25, 2025 - May 2, 2025
#9	-11.02% Nov 5, 1999 - Jul 19, 2000	-10.24% May 20, 2025 - May 22, 2025
#10	-11.02% Mar 9, 2004 - Oct 6, 2004	-4.67% May 14, 2025 - May 16, 2025
#11	-10.80% Aug 31, 2001 - Sep 3, 2002	-4.44% May 8, 2025 - May 12, 2025
#12	-9.53% Nov 7, 2005 - Jan 5, 2006	-3.69% Mar 12, 2025 - Mar 14, 2025
#13	-9.10% Jun 16, 2003 - Mar 8, 2004	-0.83% May 22, 2025 - May 27, 2025
#14	-8.65% Dec 27, 2017 - Aug 29, 2018	N/A
#15	-7.54% Apr 12, 2019 - Aug 6, 2019	N/A

Correlation

Correlation between OIA and IONX is -0.29 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.29

-101

Dividend Comparison (2000 - 2026)

OIA vs IONX dividend yield comparison.

Year	OIA	IONX
2026	2.41%	0.00%
2025	5.81%	2.55%
2024	5.87%	0.00%
2023	5.09%	0.00%
2022	5.68%	0.00%
2021	4.69%	0.00%
2020	4.81%	0.00%
2019	4.88%	0.00%
2018	5.84%	0.00%
2017	5.16%	0.00%
2016	5.58%	0.00%
2015	5.40%	0.00%
2014	5.85%	0.00%
2013	6.77%	0.00%
2012	5.74%	0.00%
2011	6.31%	0.00%
2010	6.80%	0.00%
2009	6.98%	0.00%
2008	10.17%	0.00%
2007	7.22%	0.00%
2006	5.61%	0.00%
2005	6.07%	0.00%
2004	6.46%	0.00%
2003	7.31%	0.00%
2002	7.50%	0.00%
2001	7.31%	0.00%
2000	3.07%	0.00%