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 60 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% | 233.44M | Jun 2016 | IONZ vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 34.08M | Mar 2024 | IONZ vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | IONZ vs EMTY | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | IONZ vs SKRE | |
| Tradr Short Innovation Daily ETF | 0.75% | 41.67M | Nov 2021 | IONZ vs SARK |
Best Risk-Adjusted Alternatives to IONZ
IONZ has a PortfoliosLab risk / return rank of 4. There are 26 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 70.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 70 | 96.16M | Sep 2024 | IONZ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 63 | 30.06M | Aug 2024 | IONZ vs SMST | |
| Direxion Daily NFLX Bear 1X Shares | 57 | 5.10M | Oct 2024 | IONZ vs NFXS | |
| YieldMax Short COIN Option Income Strategy ETF | 37 | 35.08M | Jul 2024 | IONZ vs FIAT | |
| -1x Short VIX Futures ETF | 31 | 198.28M | Mar 2022 | IONZ vs SVIX |
Top Performing IONZ Alternatives (YTD)
IONZ is at -76.00% YTD. There are 72 ETFs in the Inverse Equities category with higher YTD returns, going as high as 32.39%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily ORCL Bear 1X ETF | 32.39% | 11.74M | Nov 2025 | IONZ vs ORCS | |
| Direxion Daily NFLX Bear 1X Shares | 21.17% | 5.10M | Oct 2024 | IONZ vs NFXS | |
| Direxion Daily PLTR Bear 1X Shares | 17.42% | 40.54M | Dec 2024 | IONZ vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 16.79% | 11.03M | Sep 2022 | IONZ vs MSFD | |
| YieldMax Short COIN Option Income Strategy ETF | 13.14% | 35.08M | Jul 2024 | IONZ vs FIAT |
Lowest Volatility Alternatives to IONZ
IONZ has 186.72% 1-year volatility. There are 77 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.29%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.29% | 98.54M | Jun 2006 | IONZ vs DOG | |
| Direxion Daily BRKB Bear 1X Shares | 12.39% | 2.34M | Dec 2024 | IONZ vs BRKD | |
| ProShares Short S&P500 | 12.50% | 869.15M | Jun 2006 | IONZ vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.71% | 233.44M | Jun 2016 | IONZ vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 13.94% | 14.88M | Aug 2024 | IONZ vs YQQQ |
Lowest Drawdown Alternatives to IONZ
IONZ has a 1-year max drawdown of -98.41%. There are 66 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going 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 FTSE China 50 | -11.39% | 4.73M | Mar 2010 | IONZ vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.01M | Nov 2017 | IONZ vs EMTY | |
| ProShares Short Financials | -14.82% | 13.41M | Jun 2008 | IONZ vs SEF | |
| ProShares Short Dow30 | -15.02% | 98.54M | Jun 2006 | IONZ vs DOG |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 10 categories. AUM among these funds goes as high as $6B.
Often Compared With IONZ
Investors most often compare IONZ with ZIVB, SHRT, TSLZ. These 13 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare IONZ with Any Fund or Stock
Compare IONZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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