Summary
IONX
Prices · period metrics · 12M
NAV as of 20/07/2026
03/06/2025 → 03/06/2026
Return -80.83% 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: 20/07/2026

Current price: $20.00

Expense ratio: 1.29%

Assets under management
$229.2M
-4.76% daily change

Period performance

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

Adjusted return
--
--

Performance metrics

Period total return

-68.02%

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

-62.74%

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

-75.05%

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

-80.83%

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: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.005%

Best day

42.348%

26/02/2026
Worst day

-28.606%

20/11/2025
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $21.00 $22.39 $19.95 $20.00 912,200
17/07/2026 $21.27 $21.95 $18.86 $20.59 1,344,700
16/07/2026 $23.56 $23.77 $20.53 $21.05 1,442,200
15/07/2026 $27.53 $27.67 $23.34 $24.23 1,190,900
14/07/2026 $27.96 $28.20 $25.91 $26.64 922,900
13/07/2026 $30.91 $30.93 $25.75 $26.16 1,537,800
10/07/2026 $35.73 $35.99 $31.41 $32.15 853,000
09/07/2026 $36.55 $37.04 $34.58 $35.20 612,600
08/07/2026 $35.25 $37.55 $33.59 $35.71 695,800
07/07/2026 $39.99 $40.69 $34.00 $36.32 1,115,900