XDEF vs MRNX

Comparison between Xtrackers Europe Defense Technologies ETF (XDEF, ETF) and DEFIANCE DAILY TARGET 2X ETF (MRNX, ETF).

XDEF vs MRNX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XDEF(ETF)	MRNX(ETF)
Net Assets	$4.20M	$4.30M
Expense Ratio	0.35%	N/A
Max Drawdown	99.30%	58.57%
Sharpe Ratio	-1.33	0.89
5Y Beta	1.44	3.38

Net Assets

XDEF

$4.20M

Winner

MRNX

$4.30M

Expense Ratio

XDEF

0.35%

MRNX

N/A

Max Drawdown

XDEF

99.30%

Winner

MRNX

58.57%

Sharpe Ratio

XDEF

-1.33

Winner

MRNX

0.89

5Y Beta

Winner

XDEF

1.44

MRNX

3.38

XDEF vs MRNX - Historical Returns

Returns include dividend reinvestment.

Period	XDEF	MRNX
1 month	+5.42%	-25.93%
3 months	+0.66%	-6.85%
6 months	-99.22%	+16.91%
Max(CAGR)	-99.98%	+39.88%

Winner

XDEF

+5.42%

MRNX

-25.93%

Winner

XDEF

+0.66%

MRNX

-6.85%

XDEF

-99.22%

Winner

MRNX

+16.91%

Max(CAGR)

XDEF

-99.98%

Winner

MRNX

+39.88%

XDEF vs MRNX - Annual Returns (2026 - 2026)

Returns include dividend reinvestment.

Year	XDEF	MRNX
2026	-99.15%	+16.91%

XDEF vs MRNX Drawdown Comparison

The maximum drawdown for XDEF was -99.30%, occurring on May 15, 2026. This drawdown has not yet recovered.

The maximum drawdown for MRNX was -58.57%, occurring on Jul 24, 2026. This drawdown has not yet recovered.

The current XDEF drawdown is -99.24%. The current MRNX drawdown is -58.57%.

Rank	XDEF	MRNX
#1	-99.30% Jan 16, 2026 - May 15, 2026	-58.57% Jul 6, 2026 - Jul 24, 2026
#2	-1.17% Jan 13, 2026 - Jan 16, 2026	-45.00% Mar 4, 2026 - Jun 18, 2026
#3	N/A	-14.06% Jun 18, 2026 - Jun 26, 2026
#4	N/A	-13.64% Feb 27, 2026 - Mar 4, 2026
#5	N/A	-12.79% Feb 4, 2026 - Feb 17, 2026