ONEV vs IONX

Comparison between STATE STREET(R) SPDR(R) RUSSELL 1000 LOW VOLATILITY FOCUS ETF (ONEV, ETF) and DEFIANCE DAILY TARGET 2X LONG IONQ ETF (IONX, ETF).

ONEV vs IONX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ONEV(ETF)	IONX(ETF)
Net Assets	$413M	$413M
Expense Ratio	0.20%	N/A
Max Drawdown	40.16%	93.90%
Sharpe Ratio	0.85	0.69
5Y Beta	0.58	5.28
P/E Ratio	20.58	N/A
Forward P/E	15.42	N/A
5Y Dividends CAGR	9.93%	N/A
5Y EPS CAGR	11.93%	N/A
Debt to Equity	23.40%	N/A
P/S Ratio	1.08	N/A
P/B Ratio	2.83	N/A

Net Assets

ONEV

$413M

Winner

IONX

$413M

Expense Ratio

ONEV

0.20%

IONX

N/A

Max Drawdown

Winner

ONEV

40.16%

IONX

93.90%

Sharpe Ratio

Winner

ONEV

0.85

IONX

0.69

5Y Beta

Winner

ONEV

0.58

IONX

5.28

P/E Ratio

ONEV

20.58

IONX

N/A

Forward P/E

ONEV

15.42

IONX

N/A

5Y Dividends CAGR

ONEV

9.93%

IONX

N/A

5Y EPS CAGR

ONEV

11.93%

IONX

N/A

Debt to Equity

ONEV

23.40%

IONX

N/A

P/S Ratio

ONEV

1.08

IONX

N/A

P/B Ratio

ONEV

2.83

IONX

N/A

ONEV vs IONX - Historical Returns

Returns include dividend reinvestment.

Period	ONEV	IONX
1 month	+0.85%	-23.74%
3 months	+6.68%	+122.13%
6 months	+5.54%	-34.32%
1 year	+12.22%	-34.48%
5 years(CAGR)	+8.42%	N/A
10 years(CAGR)	+11.33%	N/A
Max(CAGR)	+11.26%	+44.78%

Winner

ONEV

+0.85%

IONX

-23.74%

ONEV

+6.68%

Winner

IONX

+122.13%

Winner

ONEV

+5.54%

IONX

-34.32%

Winner

ONEV

+12.22%

IONX

-34.48%

5Y(CAGR)

ONEV

+8.42%

IONX

N/A

10Y(CAGR)

ONEV

+11.33%

IONX

N/A

Max(CAGR)

ONEV

+11.26%

Winner

IONX

+44.78%

ONEV vs IONX - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	ONEV	IONX
2026	+6.14%	-11.00%
2025	+8.45%	+67.10%
2024	+11.58%	N/A
2023	+13.14%	N/A
2022	-7.61%	N/A
2021	+31.24%	N/A
2020	+6.26%	N/A
2019	+31.39%	N/A
2018	-5.37%	N/A
2017	+17.16%	N/A
2016	+14.94%	N/A
2015	-0.72%	N/A

ONEV vs IONX Drawdown Comparison

The maximum drawdown for ONEV was -39.70%, occurring on Mar 23, 2020. Recovery took 210 trading sessions.

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

The current ONEV drawdown is -1.84%. The current IONX drawdown is -78.10%.

Rank	ONEV	IONX
#1	-39.70% Jan 17, 2020 - Nov 16, 2020	-93.75% Oct 13, 2025 - Mar 30, 2026
#2	-18.53% Dec 29, 2021 - Jul 19, 2023	-50.31% May 27, 2025 - Sep 12, 2025
#3	-16.81% Sep 21, 2018 - Apr 1, 2019	-39.73% Mar 24, 2025 - Apr 24, 2025
#4	-14.82% Nov 29, 2024 - Aug 13, 2025	-33.90% Sep 23, 2025 - Oct 6, 2025
#5	-10.91% Jul 25, 2023 - Dec 13, 2023	-29.94% Mar 14, 2025 - Mar 24, 2025
#6	-10.85% Dec 4, 2015 - Mar 16, 2016	-21.88% Oct 7, 2025 - Oct 13, 2025
#7	-8.55% Jan 26, 2018 - Aug 6, 2018	-11.53% May 2, 2025 - May 8, 2025
#8	-7.75% Mar 2, 2026 - Jun 9, 2026	-11.05% Apr 25, 2025 - May 2, 2025
#9	-6.11% Mar 28, 2024 - Jul 17, 2024	-10.24% May 20, 2025 - May 22, 2025
#10	-6.03% Aug 23, 2016 - Nov 21, 2016	-4.67% May 14, 2025 - May 16, 2025
#11	-5.93% Jul 26, 2019 - Sep 11, 2019	-4.44% May 8, 2025 - May 12, 2025
#12	-5.55% Sep 2, 2021 - Oct 22, 2021	-3.69% Mar 12, 2025 - Mar 14, 2025
#13	-5.10% Nov 16, 2021 - Dec 15, 2021	-0.83% May 22, 2025 - May 27, 2025
#14	-4.74% Apr 30, 2019 - Jun 7, 2019	N/A
#15	-4.48% May 7, 2021 - Jul 29, 2021	N/A

Correlation

Correlation between ONEV and IONX is -0.18 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.18

-101

Dividend Comparison (2015 - 2026)

ONEV vs IONX dividend yield comparison.

Year	ONEV	IONX
2026	0.95%	0.00%
2025	1.81%	2.55%
2024	1.88%	0.00%
2023	1.79%	0.00%
2022	1.80%	0.00%
2021	1.44%	0.00%
2020	1.87%	0.00%
2019	2.07%	0.00%
2018	2.14%	0.00%
2017	6.91%	0.00%
2016	3.73%	0.00%
2015	0.21%	0.00%