HIMZ vs. AIPO

Last updated Jun 4, 2026

HIMZ (Defiance Daily Target 2X Long HIMS ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - HIMZ is a Leveraged Equities fund actively managed by Defiance, while AIPO is a Technology Equities fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. HIMZ is actively managed, while AIPO is passively managed. At a 0.42 correlation, their price movements are largely independent. HIMZ charges 1.31%/yr vs 0.69%/yr for AIPO.

Performance

HIMZ vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long HIMS ETF (HIMZ) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIMZ achieves a -58.85% return, which is significantly lower than AIPO's 52.03% return.

HIMZ

• 1D: 0.06%
• 1M: -7.54%
• YTD: -58.85%
• 6M: -69.67%
• 1Y: -93.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: -1.12%
• 1M: 6.63%
• YTD: 52.03%
• 6M: 45.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HIMZ vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
HIMZ Defiance Daily Target 2X Long HIMS ETF	-58.85%	-78.16%
AIPO Defiance AI & Power Infrastructure ETF	52.03%	8.68%

Correlation

The correlation between HIMZ and AIPO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 28, 2025	0.42

HIMZ vs. AIPO - Sectors Allocation Comparison

Sectors	HIMZ	AIPO
Consumer Defensive	100.0%	-
Basic Materials	-	-
Communication Services	-	0.5%
Consumer Cyclical	-	-
Energy	-	6.9%
Financial Services	-	3.6%
Healthcare	-	-
Industrials	-	57.1%
Real Estate	-	1.0%
Technology	-	16.5%
Utilities	-	14.4%

Return for Risk

HIMZ vs. AIPO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HIMZ

HIMZ Risk / Return Rank: 3
HIMZ Sharpe Ratio Rank: 5
HIMZ Sortino Ratio Rank: 4
HIMZ Omega Ratio Rank: 4
HIMZ Calmar Ratio Rank: 1
HIMZ Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HIMZ vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long HIMS ETF (HIMZ) and Defiance AI & Power Infrastructure ETF (AIPO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	HIMZ	AIPO	Difference
Sharpe ratio: Return per unit of total volatility	-0.49	—	—
Sortino ratio: Return per unit of downside risk	-0.60	—	—
Omega ratio: Gain probability vs. loss probability	0.93	—	—
Calmar ratio: Return relative to maximum drawdown	-0.96	—	—
Martin ratio: Return relative to average drawdown	-1.18	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HIMZ	AIPO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	2.36	-2.76

Drawdowns

HIMZ vs. AIPO - Drawdown Comparison

The maximum HIMZ drawdown since its inception was -98.18%, which is greater than AIPO's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for HIMZ and AIPO.

Drawdown Indicators

	HIMZ	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-98.18%	-17.31%	-80.87%
Max Drawdown (1Y) Largest decline over 1 year	-98.04%	—	—
Current Drawdown Current decline from peak	-95.53%	-1.12%	-94.41%
Average Drawdown Average peak-to-trough decline	-68.90%	-4.38%	-64.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	79.15%	—	—

Volatility

Volatility by Period

	HIMZ	AIPO	Difference
Volatility (1M) Calculated over the trailing 1-month period	53.92%	—	—
Volatility (6M) Calculated over the trailing 6-month period	131.06%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	191.74%	34.09%	+157.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	200.34%	34.09%	+166.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	200.34%	34.09%	+166.25%

HIMZ vs. AIPO - Expense Ratio Comparison

HIMZ has a 1.31% expense ratio, which is higher than AIPO's 0.69% expense ratio.

Dividends

HIMZ vs. AIPO - Dividend Comparison

HIMZ's dividend yield for the trailing twelve months is around 5.94%, more than AIPO's 0.01% yield.

Position	TTM	2025
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%
HIMZ Defiance Daily Target 2X Long HIMS ETF	5.94%	2.44%

Frequently Asked Questions

Can I hold both HIMZ and AIPO in my portfolio?

HIMZ and AIPO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HIMZ or AIPO?

On fees, AIPO is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HIMZ or AIPO?

AIPO is cheaper with a 0.69% expense ratio, compared with 1.31% for HIMZ.

Which ETF pays a higher dividend yield, HIMZ or AIPO?

HIMZ has the higher dividend yield at 5.94%, compared with 0.01% for AIPO.

What is the main difference between HIMZ and AIPO?

HIMZ is categorized as Leveraged Equities, while AIPO is Technology Equities. Their fees differ too: 1.31% for HIMZ and 0.69% for AIPO.