Defiance ETFs LLCLeveraged EquityIONX · Nasdaq

Defiance Daily Target 2X Long IONQ ETF (IONX)

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Price: $19.81; —11 Sept 2026
Assets: $144.5M; Total net assets
Expense ratio: 1.38%; Category 0.00%
Yield: 7.18%; Trailing distributions

1Y return: -81.3%-113.6%; Category 32.3%
3Y CAGR: —; Category 25.3%
5Y CAGR: —; Category 6.1%

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Defiance Daily Target 2X Long IONQ ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-38.3%	-68.4%	-30.1%	-69.6%	-81.3%	—	—	—	-36.3%
Leveraged Equity average	-3.1%	-7.2%	21.2%	13.2%	32.3%	25.3%	6.1%	9.5%	-5.3%
Difference	-35.2%	-61.2%	-51.2%	-82.8%	-113.6%	—	—	—	-31.0%

Holdings

The 1 largest positions make up 10.6% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
FGXXX	First American Government Obligs X	10.64%

Sector allocation

Share of the equity the fund holds.

Technology100.0%

Asset mix

Stocks199.6%

Credit quality

Share of the bonds by rating.

US government10.6%

ETF details

Issuer: Defiance ETFs LLC
Category: Equity · Leveraged Equity
Ticker: IONX
Exchange: Nasdaq
Inception: 11 Mar 2025 (1.5 years)
Structure: Exchange Traded Fund
Expense ratio: 1.38% (category 0.00%)
Holdings turnover: 314%
Distribution yield: 7.18%
Beta, 3 years: 0.00
Total net assets: $144.5M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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