Defiance Daily Target 2X Long IONQ ETF (IONX) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IONX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IONX
IONX charges 1.31% annually. There are 360 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 34.68M | Mar 2026 | IONX vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.99M | Sep 2021 | IONX vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 239.79M | May 2014 | IONX vs SPUU | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | 40.80M | Jan 2025 | IONX vs AMDG | |
| Leverage Shares 2X Long TSM Daily ETF | 0.75% | 33.08M | Jan 2025 | IONX vs TSMG |
Best Risk-Adjusted Alternatives to IONX
IONX has a PortfoliosLab risk / return rank of 11. There are 134 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 98 | 1.47B | Nov 2024 | IONX vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.60M | Apr 2021 | IONX vs XTAP | |
| GraniteShares 2x Long INTC Daily ETF | 98 | 785.62M | Feb 2025 | IONX vs INTW | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 19.18M | Apr 2021 | IONX vs QTAP | |
| Direxion Daily Semiconductor Bull 3X ETF | 96 | 28.01B | Mar 2010 | IONX vs SOXL |
Top Performing IONX Alternatives (YTD)
IONX is at -5.98% YTD. There are 186 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 780.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 780.13% | 1.47B | Nov 2024 | IONX vs MULL | |
| GraniteShares 2x Long DELL Daily ETF | 762.51% | 169.15M | Feb 2025 | IONX vs DLLL | |
| GraniteShares 2x Long INTC Daily ETF | 750.22% | 785.62M | Feb 2025 | IONX vs INTW | |
| Direxion Daily INTC Bull 2X Shares | 744.89% | 104.27M | Nov 2025 | IONX vs LINT | |
| Leverage Shares 2X Long BE Daily ETF | 658.88% | 36.14M | Dec 2025 | IONX vs BEG |
Lowest Volatility Alternatives to IONX
IONX has 185.82% 1-year volatility. There are 364 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.83% | 22.60M | Apr 2021 | IONX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.12% | 19.18M | Apr 2021 | IONX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.35% | 13.35M | Jul 2021 | IONX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 9.88% | 22.17M | Jul 2021 | IONX vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.50% | 68.78M | Apr 2021 | IONX vs XDSQ |
Lowest Drawdown Alternatives to IONX
IONX has a 1-year max drawdown of -93.75%. There are 238 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.60M | Apr 2021 | IONX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 19.18M | Apr 2021 | IONX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.35M | Jul 2021 | IONX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.17M | Jul 2021 | IONX vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.78M | Apr 2021 | IONX vs XDSQ |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 11 categories. AUM among these funds goes as high as $6B.
Often Compared With IONX
Investors most often compare IONX with PTIR, FTEC, XDQQ. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare IONX with Any Fund or Stock
Compare IONX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IONX with funds that move differently
Defiance Daily Target 2X Long IONQ ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IONX.
Explore IONX Diversifiers