ZETX vs CVNX

Comparison between Defiance Daily Target 2x Long ZETA ETF (ZETX, ETF) and DEFIANCE DAILY TARGET 2X LONG CVNA ETF (CVNX, ETF).

ZETX vs CVNX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ZETX(ETF)	CVNX(ETF)
Net Assets	$3.20M	$3.30M
Max Drawdown	44.78%	69.62%
Sharpe Ratio	0.76	0.17
5Y Beta	4.88	4.05

Net Assets

ZETX

$3.20M

Winner

CVNX

$3.30M

Max Drawdown

Winner

ZETX

44.78%

CVNX

69.62%

Sharpe Ratio

Winner

ZETX

0.76

CVNX

0.17

5Y Beta

ZETX

4.88

Winner

CVNX

4.05

ZETX vs CVNX - Historical Returns

Returns include dividend reinvestment.

Period	ZETX	CVNX
1 month	+28.54%	+4.18%
3 months	+7.47%	+15.71%
6 months	N/A	-53.23%
1 year	N/A	-12.50%
Max(CAGR)	+15.65%	-28.83%

Winner

ZETX

+28.54%

CVNX

+4.18%

ZETX

+7.47%

Winner

CVNX

+15.71%

ZETX

N/A

CVNX

-53.23%

ZETX

N/A

CVNX

-12.50%

Max(CAGR)

Winner

ZETX

+15.65%

CVNX

-28.83%

ZETX vs CVNX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	ZETX	CVNX
2026	+5.35%	-40.00%
2025	N/A	+31.03%

ZETX vs CVNX Drawdown Comparison

The maximum drawdown for ZETX was -44.78%, occurring on Apr 10, 2026. Recovery took 57 trading sessions.

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

The current ZETX drawdown is -37.04%. The current CVNX drawdown is -57.59%.

Rank	ZETX	CVNX
#1	-44.78% Mar 9, 2026 - May 29, 2026	-69.62% Jan 22, 2026 - Mar 20, 2026
#2	-39.19% Jun 1, 2026 - Jun 10, 2026	-52.48% Jul 31, 2025 - Dec 8, 2025
#3	-29.94% Feb 4, 2026 - Feb 26, 2026	-30.93% Jun 4, 2025 - Jul 7, 2025
#4	-12.82% Feb 26, 2026 - Mar 4, 2026	-29.30% Dec 11, 2025 - Jan 22, 2026
#5	-1.18% Mar 5, 2026 - Mar 9, 2026	-17.67% Jul 7, 2025 - Jul 31, 2025