SPOG vs CVNX

Comparison between Leverage Shares 2X Long SPOT Daily ETF (SPOG, ETF) and DEFIANCE DAILY TARGET 2X LONG CVNA ETF (CVNX, ETF).

SPOG vs CVNX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPOG(ETF)	CVNX(ETF)
Net Assets	$4.10M	$4.10M
Max Drawdown	64.41%	69.62%
Sharpe Ratio	-0.81	0.07
5Y Beta	1.41	4.20

Net Assets

SPOG

$4.10M

CVNX

$4.10M

Max Drawdown

Winner

SPOG

64.41%

CVNX

69.62%

Sharpe Ratio

SPOG

-0.81

Winner

CVNX

0.07

5Y Beta

Winner

SPOG

1.41

CVNX

4.20

SPOG vs CVNX - Holdings Comparison

SPOG and CVNX have 0 common holdings. Overlap is 0.00%

SPOG's top 25 holdings weight is 9.78%. CVNX's top 25 holdings weight is 5.64%.

Rank	SPOG	CVNX
#1	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 9.78%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 5.64%
#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

SPOG vs CVNX - Historical Returns

Returns include dividend reinvestment.

Period	SPOG	CVNX
1 month	+34.93%	-26.19%
3 months	-27.27%	-10.80%
6 months	-36.64%	-47.27%
1 year	N/A	-44.41%
Max(CAGR)	-73.18%	-35.51%

Winner

SPOG

+34.93%

CVNX

-26.19%

SPOG

-27.27%

Winner

CVNX

-10.80%

Winner

SPOG

-36.64%

CVNX

-47.27%

SPOG

N/A

CVNX

-44.41%

Max(CAGR)

SPOG

-73.18%

Winner

CVNX

-35.51%

SPOG vs CVNX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	SPOG	CVNX
2026	-37.84%	-45.22%
2025	-19.53%	+31.03%

SPOG vs CVNX Drawdown Comparison

The maximum drawdown for SPOG was -64.41%, occurring on May 8, 2026. This drawdown has not yet recovered.

The maximum drawdown for CVNX was -69.62%, occurring on Mar 20, 2026. This drawdown has not yet recovered.

The current SPOG drawdown is -51.35%. The current CVNX drawdown is -61.28%.

Rank	SPOG	CVNX
#1	-64.41% Nov 17, 2025 - May 8, 2026	-69.62% Jan 22, 2026 - Mar 20, 2026
#2	N/A	-52.48% Jul 31, 2025 - Dec 8, 2025
#3	N/A	-30.93% Jun 4, 2025 - Jul 7, 2025
#4	N/A	-29.30% Dec 11, 2025 - Jan 22, 2026
#5	N/A	-17.67% Jul 7, 2025 - Jul 31, 2025