# Defiance Daily Target 2X Long IONQ ETF (IONX)

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

**Price:** USD 12.92 (+0.54% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 12.85 · day 12.25–13.15 · 52w 12.17–177 · market cap null · NGM

## Key facts
- Total return with dividends: 1Y -91.3% vs S&P 500 +13.4%; 5Y -74.2% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2025-03-10) |
|---|---|---|
| Total return | -91.3% | -74.2% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -91.3% | -56.6% |
| Volatility (annualized) | 179.4% | 175.3% |
| Max drawdown | -92.1% (Oct 2025→Oct 2026) | -94.6% (Sep 2025→Oct 2026) |

## Peers
RGTX (Defiance Daily Target 2X Long R) USD 4.73 +0.25% · QBTX (Tradr 2X Long QBTS Daily ETF) USD 10.65 +0.19% · QUBX (Tradr 2X Long QUBT Daily ETF) USD 16.18 -1.91% · OKLL (Defiance Daily Target 2x Long O) USD 4.56 -5.00% · RKLX (Defiance Daily Target 2X Long R) USD 9.24 +5.48%

## More
Full page: https://nexqual.com/IONX · 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 | 28 | 160.5% | ±35.1% |
| 2026-12-18 | 56 | 150.0% | ±45.7% |
| 2027-02-19 | 119 | 142.7% | ±61.5% |
| 2027-05-21 | 210 | 151.6% | ±82.9% |