QCMU vs IONZ

Comparison between Direxion Daily QCOM Bull 2X ETF (QCMU, ETF) and Defiance Daily Target 2x Short IONQ ETF (IONZ, ETF).

QCMU vs IONZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QCMU(ETF)	IONZ(ETF)
Net Assets	$57M	$17M
Max Drawdown	60.12%	98.66%
Sharpe Ratio	0.78	-1.13
5Y Beta	3.91	-6.73

Net Assets

Winner

QCMU

$57M

IONZ

$17M

Max Drawdown

Winner

QCMU

60.12%

IONZ

98.66%

Sharpe Ratio

Winner

QCMU

0.78

IONZ

-1.13

5Y Beta

QCMU

3.91

Winner

IONZ

-6.73

QCMU vs IONZ - Holdings Comparison

QCMU and IONZ have 0 common holdings. Overlap is 0.00%

QCMU's top 25 holdings weight is 10.97%. IONZ's top 25 holdings weight is 6.22%.

Rank	QCMU	IONZ
#1	QUALCOMM INC (QCOM) - 10.97%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 6.22%
#2	N/A	N/A
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	1

QCMU vs IONZ - Historical Returns

Returns include dividend reinvestment.

Period	QCMU	IONZ
1 month	+12.25%	-46.65%
3 months	+145.01%	-89.51%
6 months	+22.40%	-91.39%
1 year	+48.54%	-98.24%
Max(CAGR)	+50.25%	-98.41%

Winner

QCMU

+12.25%

IONZ

-46.65%

Winner

QCMU

+145.01%

IONZ

-89.51%

Winner

QCMU

+22.40%

IONZ

-91.39%

Winner

QCMU

+48.54%

IONZ

-98.24%

Max(CAGR)

Winner

QCMU

+50.25%

IONZ

-98.41%

QCMU vs IONZ - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	QCMU	IONZ
2026	+32.37%	-89.59%
2025	+9.91%	-81.41%

QCMU vs IONZ Drawdown Comparison

The maximum drawdown for QCMU was -59.48%, occurring on Apr 7, 2026. Recovery took 132 trading sessions.

The maximum drawdown for IONZ was -98.66%, occurring on May 29, 2026. This drawdown has not yet recovered.

The current QCMU drawdown is -25.82%. The current IONZ drawdown is -98.44%.

Rank	QCMU	IONZ
#1	-59.48% Oct 27, 2025 - May 7, 2026	-98.66% Jun 25, 2025 - May 29, 2026
#2	-43.92% May 29, 2026 - Jun 10, 2026	N/A
#3	-34.12% May 11, 2026 - May 26, 2026	N/A
#4	-22.59% Sep 24, 2025 - Oct 27, 2025	N/A
#5	-21.22% Jul 2, 2025 - Sep 17, 2025	N/A
#6	-12.29% May 26, 2026 - May 29, 2026	N/A
#7	-1.62% Sep 18, 2025 - Sep 22, 2025	N/A
#8	-0.36% Sep 22, 2025 - Sep 24, 2025	N/A

Correlation

Correlation between QCMU and IONZ is -0.34 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.34

-101