Defiance Daily Target 2X Long IONQ ETF (IONX) Alternatives
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 funds that fit a different role in your portfolio.
Cheapest Alternatives to IONX
IONX charges 1.31% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among IONX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | IONX vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | IONX vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | IONX vs NVDG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | Jan 24, 2025 | IONX vs AMDG | |
| Leverage Shares 2X Long TSLA Daily ETF | 0.75% | Dec 12, 2024 | IONX vs TSLG |
Best Risk-Adjusted Alternatives to IONX
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | IONX vs KORU | |
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | IONX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | IONX vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | IONX vs GGLL | |
| Direxion Daily TSM Bull 2X Shares | 96 | Oct 3, 2024 | IONX vs TSMX |
Top Performing IONX Alternatives (YTD)
IONX alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 168.34% | Apr 9, 2019 | IONX vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 141.86% | Feb 16, 2023 | IONX vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | IONX vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 102.61% | Apr 1, 2020 | IONX vs GUSH | |
| ProShares Ultra Oil & Gas | 85.56% | Jan 30, 2007 | IONX vs DIG |
Lowest Volatility Alternatives to IONX
IONX alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.33% | Apr 1, 2021 | IONX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | IONX vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.95% | Jun 17, 2025 | IONX vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | IONX vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | IONX vs XTJL |
Lowest Drawdown Alternatives to IONX
IONX alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | IONX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | IONX vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | IONX vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | IONX vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | IONX vs XTJL |
Other ETFs from Defiance
Most popular Defiance ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Defiance Quantum ETF | Technology Equities | 85 | -1.95% | Sep 5, 2018 | IONX vs QTUM | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | Options Trading, Dividend | 52 | -5.94% | Sep 13, 2023 | IONX vs QQQY | |
| Defiance Daily Target 2X Long MSTR ETF | Leveraged Equities, Leveraged | 1 | -49.22% | Aug 14, 2024 | IONX vs MSTX | |
| Defiance Large Cap ex-Mag 7 ETF | Large Cap Blend Equities | 54 | -1.56% | Oct 21, 2024 | IONX vs XMAG | |
| Defiance Nasdaq 100 Income Target ETF | Derivative Income | 52 | -6.11% | Jun 20, 2024 | IONX vs QQQT | |
| Defiance R2000 Enhanced Options & 0DTE Income ETF | Options Trading | 35 | -1.55% | Oct 30, 2023 | IONX vs IWMY | |
| Defiance Gold Enhanced Options Income ETF | Derivative Income, Gold | — | 1.71% | Apr 1, 2025 | IONX vs GLDY | |
| Defiance AI & Power Infrastructure ETF | Technology Equities | — | 12.84% | Jul 24, 2025 | IONX vs AIPO | |
| Defiance S&P 500 Income Target ETF | Derivative Income, S&P 500 | 54 | -3.61% | Mar 7, 2024 | IONX vs SPYT | |
| Defiance S&P 500 Enhanced Options & 0DTE Income ET... | Derivative Income, S&P 500 | 50 | -3.64% | Sep 18, 2023 | IONX vs WDTE |
Often Compared With IONX
What investors most often compare with IONX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| GraniteShares 2x Long PLTR Daily ETF | Leveraged Equities | 54 | -38.76% | Sep 3, 2024 | IONX vs PTIR | |
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 68 | -7.30% | Oct 21, 2013 | IONX vs FTEC | |
| TSPY Lift ETF | Leveraged Equities, Leveraged | — | — | Jan 6, 2026 | IONX vs TSYX | |
| Leverage Shares 2X Long ARM Daily ETF | Leveraged Equities | 28 | 70.35% | Jan 14, 2025 | IONX vs ARMG | |
| Leverage Shares 2X Long TSM Daily ETF | Leveraged Equities | 96 | 16.19% | Jan 14, 2025 | IONX vs TSMG | |
| Direxion Daily Energy Bull 2X Shares | Leveraged Equities, Leveraged | 65 | 85.42% | Apr 1, 2020 | IONX vs ERX | |
| GraniteShares YieldBOOST SPY ETF | Leveraged Equities, Derivative Income | 37 | -7.13% | Feb 25, 2025 | IONX vs YSPY | |
| Leverage Shares 2X Long HOOD Daily ETF | Leveraged Equities, Leveraged | 34 | -68.49% | Mar 20, 2025 | IONX vs HOOG | |
| Volatility Shares One+One Nasdaq-100® and Bitcoin ... | Leveraged Equities, Leveraged Cryptocurrency | 8 | -28.69% | Feb 18, 2025 | IONX vs OOQB |
Compare IONX with Any Fund or Stock
Compare IONX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.