Summary
IONX
Prices · period metrics · 12M
NAV as of 03/06/2026
03/06/2025 → 03/06/2026
Return 0.44% Volatility 176.92% Sharpe -0.02
Official loaded data — not a live quote.

DEFIANCE DAILY TARGET 2X LONG IONQ ETF

Symbol: IONX

Exchange: NASDAQ

Sector: Technology

Category: Trading--Leveraged Equity

Inception date: 11/03/2025

Latest date: 03/06/2026

Current price: $92.34

Expense ratio: 1.29%

Assets under management
$296.8M
-6.02% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

97.31%

Ann. 240192.69% (Sharpe / Sortino numerator)

Volatility

201.54%

Sharpe ratio

1191.759

VaR 95%

-21.01%

CVaR 95%: -21.15%
Max drawdown: -29.89%
Sortino ratio: 1982.641
Calmar ratio: 8034.74

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

155.22%

Ann. 3680.96% (Sharpe / Sortino numerator)

Volatility

179.40%

Sharpe ratio

20.498

VaR 95%

-17.31%

CVaR 95%: -19.34%
Max drawdown: -50.94%
Sortino ratio: 41.814
Calmar ratio: 72.27

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

11.19%

Ann. 23.84% (Sharpe / Sortino numerator)

Volatility

185.87%

Sharpe ratio

0.109

VaR 95%

-17.72%

CVaR 95%: -21.11%
Max drawdown: -82.80%
Sortino ratio: 0.199
Calmar ratio: 0.29

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

0.44%

Ann. 0.44% (Sharpe / Sortino numerator)

Volatility

176.92%

Sharpe ratio

-0.018

VaR 95%

-18.33%

CVaR 95%: -22.03%
Max drawdown: -93.75%
Sortino ratio: -0.030
Calmar ratio: 0.00

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.631%

Best day

42.348%

26/02/2026
Worst day

-28.606%

20/11/2025
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $98.26 $107.77 $90.76 $92.34 1,271,600
02/06/2026 $96.06 $105.00 $95.36 $101.31 1,159,200
01/06/2026 $96.62 $105.00 $89.32 $95.94 1,318,800
29/05/2026 $97.19 $104.44 $89.27 $104.07 1,038,100
28/05/2026 $85.33 $102.38 $85.03 $98.60 2,009,800
27/05/2026 $80.00 $90.14 $71.92 $86.30 1,759,700
26/05/2026 $84.28 $85.41 $74.00 $81.97 1,626,900
22/05/2026 $68.79 $87.30 $68.51 $82.00 3,264,000
21/05/2026 $61.76 $75.76 $60.40 $70.89 4,577,700
20/05/2026 $50.65 $57.56 $48.79 $56.87 1,404,300