SOUX vs. IFED
SOUX (Defiance Daily Target 2X Long SOUN ETF) and IFED (ETRACS IFED Invest with the Fed TR Index ETN) are both Leveraged Equities funds. At a 0.47 correlation, their price movements are largely independent. SOUX charges 1.29%/yr vs 0.45%/yr for IFED.
Performance
SOUX vs. IFED - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SOUX achieves a -56.02% return, which is significantly lower than IFED's -2.98% return.
SOUX
- 1D
- -17.03%
- 1M
- -32.26%
- YTD
- -56.02%
- 6M
- -70.56%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IFED
- 1D
- 0.56%
- 1M
- 5.41%
- YTD
- -2.98%
- 6M
- -2.59%
- 1Y
- 2.46%
- 3Y*
- 16.94%
- 5Y*
- —
- 10Y*
- —
SOUX vs. IFED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SOUX Defiance Daily Target 2X Long SOUN ETF | -56.02% | -40.03% |
IFED ETRACS IFED Invest with the Fed TR Index ETN | -2.98% | 4.66% |
Correlation
The correlation between SOUX and IFED is 0.47, 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 Jun 25, 2025 | 0.47 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SOUX vs. IFED — Risk / Return Rank
SOUX
IFED
SOUX vs. IFED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long SOUN ETF (SOUX) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| SOUX | IFED | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.15 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.46 | 0.65 | -1.12 |
Drawdowns
SOUX vs. IFED - Drawdown Comparison
The maximum SOUX drawdown since its inception was -95.03%, which is greater than IFED's maximum drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for SOUX and IFED.
Loading charts...
Drawdown Indicators
| SOUX | IFED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.03% | -22.36% | -72.67% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.65% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.36% | — |
Current DrawdownCurrent decline from peak | -92.24% | -4.97% | -87.27% |
Average DrawdownAverage peak-to-trough decline | -59.54% | -5.84% | -53.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.76% | — |
Volatility
SOUX vs. IFED - Volatility Comparison
Loading charts...
Volatility by Period
| SOUX | IFED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.51% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.87% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 163.45% | 16.18% | +147.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 163.45% | 19.87% | +143.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 163.45% | 19.87% | +143.58% |
SOUX vs. IFED - Expense Ratio Comparison
SOUX has a 1.29% expense ratio, which is higher than IFED's 0.45% expense ratio.
Dividends
SOUX vs. IFED - Dividend Comparison
SOUX's dividend yield for the trailing twelve months is around 46.14%, while IFED has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
IFED ETRACS IFED Invest with the Fed TR Index ETN | 0.00% | 0.00% |
SOUX Defiance Daily Target 2X Long SOUN ETF | 46.14% | 20.29% |
Frequently Asked Questions
SOUX and IFED have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IFED is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IFED is cheaper with a 0.45% expense ratio, compared with 1.29% for SOUX.
SOUX has the higher dividend yield at 46.14%, compared with 0.00% for IFED.
They also come from different issuers: Defiance and UBS. Their fees differ too: 1.29% for SOUX and 0.45% for IFED.
Find the right allocation for SOUX and IFED
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer