IONX vs. LINT

Last updated Aug 4, 2026

IONX (Defiance Daily Target 2X Long IONQ ETF) and LINT (Direxion Daily INTC Bull 2X Shares) are both Leveraged Equities funds. Both are actively managed. Their 0.37 correlation means their historical movements had little consistent relationship. IONX charges 1.31%/yr vs 0.97%/yr for LINT.

Performance

IONX vs. LINT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long IONQ ETF (IONX) and Direxion Daily INTC Bull 2X Shares (LINT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IONX achieves a -62.46% return, which is significantly lower than LINT's 266.23% return.

IONX

• 1D: 12.99%
• 1M: -43.03%
• 6M: -45.65%
• YTD: -62.46%
• 1Y: -67.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -24.24%

LINT

• 1D: 1.75%
• 1M: -46.62%
• 6M: 135.02%
• YTD: 266.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IONX Defiance Daily Target 2X Long IONQ ETF	$27.33M	$27.72M	$85.53M
LINT Direxion Daily INTC Bull 2X Shares	$19.84M	$20.02M	$35.16M

IONX vs. LINT - Yearly Performance Comparison

	2026 (YTD)	2025
IONX Defiance Daily Target 2X Long IONQ ETF	-62.46%	-27.87%
LINT Direxion Daily INTC Bull 2X Shares	266.23%	5.81%

Correlation

The correlation between IONX and LINT is 0.37, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025	0.37

IONX vs. LINT - Sectors Allocation Comparison

Sectors	IONX	LINT
Technology	100.0%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

IONX vs. LINT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IONX

IONX Risk / Return Rank: 9
IONX Sharpe Ratio Rank: 6
IONX Sortino Ratio Rank: 16
IONX Omega Ratio Rank: 15
IONX Calmar Ratio Rank: 4
IONX Martin Ratio Rank: 5

LINT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IONX vs. LINT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long IONQ ETF (IONX) and Direxion Daily INTC Bull 2X Shares (LINT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IONX	LINT	Difference
Sharpe ratio: Return per unit of total volatility	-0.36	—	—
Sortino ratio: Return per unit of downside risk	0.49	—	—
Omega ratio: Gain probability vs. loss probability	1.05	—	—
Calmar ratio: Return relative to maximum drawdown	-0.72	—	—
Martin ratio: Return relative to average drawdown	-0.95	—	—

Drawdowns

IONX vs. LINT - Drawdown Comparison

The maximum IONX drawdown since its inception was -94.05%, which is greater than LINT's maximum drawdown of -69.02%. Use the drawdown chart below to compare losses from any high point for IONX and LINT.

Drawdown Indicators

	IONX	LINT	Difference
Max Drawdown Largest peak-to-trough decline	-94.05%	-69.02%	-25.03%
Max Drawdown (1Y) Largest decline over 1 year	-94.05%	—	—
Current Drawdown Current decline from peak	-91.44%	-62.23%	-29.21%
Average Drawdown Average peak-to-trough decline	-53.79%	-24.07%	-29.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	71.00%	—	—

Volatility

Volatility by Period

	IONX	LINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	48.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	136.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	188.86%	169.02%	+19.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	197.32%	169.02%	+28.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	197.32%	169.02%	+28.30%

IONX vs. LINT - Expense Ratio Comparison

IONX has a 1.31% expense ratio, which is higher than LINT's 0.97% expense ratio.

Dividends

IONX vs. LINT - Dividend Comparison

IONX's dividend yield for the trailing twelve months is around 6.79%, more than LINT's 0.74% yield.

Position	TTM	2025
IONX Defiance Daily Target 2X Long IONQ ETF	6.79%	2.55%
LINT Direxion Daily INTC Bull 2X Shares	0.74%	0.25%

Frequently Asked Questions

Can I hold both IONX and LINT in my portfolio?

IONX and LINT have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IONX or LINT?

On fees, LINT is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IONX or LINT?

LINT is cheaper with a 0.97% expense ratio, compared with 1.31% for IONX.

Which ETF pays a higher dividend yield, IONX or LINT?

IONX has the higher dividend yield at 6.79%, compared with 0.74% for LINT.

What is the main difference between IONX and LINT?

They also come from different issuers: Defiance and Direxion. Their fees differ too: 1.31% for IONX and 0.97% for LINT.