Defiance Daily Target 2X Short IONQ ETF (IONZ) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IONZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IONZ
IONZ charges 1.29% annually. There are 57 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 213.79M | Jun 2016 | IONZ vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 27.70M | Mar 2024 | IONZ vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | IONZ vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | IONZ vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | IONZ vs SH |
Best Risk-Adjusted Alternatives to IONZ
Among 60 ETFs in the Inverse Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 39.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 39 | 5.31M | Oct 2024 | IONZ vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 27 | 118.12M | Sep 2024 | IONZ vs MSTZ | |
| Volatility Shares -1x Short VIX Futures ETF | 26 | 215.09M | Mar 2022 | IONZ vs SVIX | |
| Defiance Daily Target 2X Short MSTR ETF | 24 | 30.99M | Aug 2024 | IONZ vs SMST | |
| Direxion Daily MSFT Bear 1X Shares | 17 | 13.89M | Sep 2022 | IONZ vs MSFD |
Top Performing IONZ Alternatives (YTD)
IONZ is at -87.96% YTD. There are 73 ETFs in the Inverse Equities category with higher YTD returns, going as high as 19.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Short COIN Option Income Strategy ETF | 19.82% | 35.89M | Jul 2024 | IONZ vs FIAT | |
| Direxion Daily PLTR Bear 1X Shares | 18.58% | 40.54M | Dec 2024 | IONZ vs PLTD | |
| Defiance Daily Target 2X Short PLTR ETF | 14.08% | 15.00M | Jun 2025 | IONZ vs PLTZ | |
| Direxion Daily MSFT Bear 1X Shares | 13.15% | 13.89M | Sep 2022 | IONZ vs MSFD | |
| AXS TSLA Bear Daily ETF | 11.62% | 134.23M | Jul 2022 | IONZ vs TSLQ |
Lowest Volatility Alternatives to IONZ
IONZ has 187.62% 1-year volatility. There are 71 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| -1x Short VIX Mid-Term Futures Strategy ETF | 0.00% | 12.30M | Apr 2023 | IONZ vs ZIVB | |
| ProShares Short S&P500 | 12.10% | 981.01M | Jun 2006 | IONZ vs SH | |
| ProShares Short Dow30 | 12.32% | 108.72M | Jun 2006 | IONZ vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.37% | 213.79M | Jun 2016 | IONZ vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 12.75% | 13.26M | Aug 2024 | IONZ vs YQQQ |
Lowest Drawdown Alternatives to IONZ
Among 60 ETFs in the Inverse Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | IONZ vs BRKD | |
| ProShares Short Financials | -9.72% | 15.40M | Jun 2008 | IONZ vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | IONZ vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | IONZ vs EMTY | |
| ProShares Short FTSE China 50 | -14.21% | 4.57M | Mar 2010 | IONZ vs YXI |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 9 categories. AUM among these funds goes as high as $6B.
Often Compared With IONZ
Investors most often compare IONZ with SHRT, TSLZ, TSDD. These 5 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Gotham Short Strategies ETF | Inverse Equities | 0 | -15.80% | 12.30M | Jul 2017 | IONZ vs SHRT | |
| T-Rex 2X Inverse Tesla Daily Target ETF | Inverse Equities | 2 | 9.40% | 40.28M | Oct 2023 | IONZ vs TSLZ | |
| GraniteShares 2x Short TSLA Daily ETF | Inverse Equities | 3 | 11.00% | 40.02M | Aug 2023 | IONZ vs TSDD | |
| Max Auto Industry -3X Inverse Leveraged ETN | Inverse Equities | 4 | 2.62% | 1.30M | Jun 2023 | IONZ vs CARD | |
| MicroSectors Travel -3X Inverse Leveraged ETNs | Inverse Equities | 4 | -10.89% | 1.38M | Jun 2022 | IONZ vs FLYD |
Compare IONZ with Any Fund or Stock
Compare IONZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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Pair IONZ with funds that move differently
Defiance Daily Target 2X Short IONQ ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IONZ.
Explore IONZ Diversifiers