# GraniteShares 2x Long IONQ Daily ETF (IONL)

> Source: Nexqual · https://nexqual.com/IONL · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, GraniteShares 2x Long IONQ Daily ETF (IONL), nexqual.com/IONL" · informational, not investment advice.

**Price:** USD 7.26 (+0.83% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 7.2 · day 6.87–7.37 · 52w 6.8–85.28 · market cap null · NGM

## Key facts
- Total return with dividends: 1Y -90.1% vs S&P 500 +13.4%; 5Y -62.1% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2025-03-24) |
|---|---|---|
| Total return | -90.1% | -62.1% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -90.1% | -45.8% |
| Volatility (annualized) | 179.6% | 176.1% |
| Max drawdown | -91.0% (Oct 2025→Oct 2026) | -93.8% (Sep 2025→Oct 2026) |

## Peers
QBTX (Tradr 2X Long QBTS Daily ETF) USD 10.65 +0.19% · IONX (Defiance Daily Target 2X Long I) USD 12.92 +0.54% · RGTX (Defiance Daily Target 2X Long R) USD 4.73 +0.25% · QUBX (Tradr 2X Long QUBT Daily ETF) USD 16.18 -1.91% · OKLL (Defiance Daily Target 2x Long O) USD 4.56 -5.00%

## More
Full page: https://nexqual.com/IONL · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 27 | 161.5% | ±35.6% |
| 2026-12-18 | 55 | 150.1% | ±46.4% |
| 2027-03-19 | 146 | 146.3% | ±69.5% |
| 2027-06-17 | 236 | 147.3% | ±85.9% |