# Defiance Daily Target 2X Short IONQ ETF (IONZ)

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

**Price:** USD 34.64 (-0.46% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 34.8 · day 34.03–36.65 · 52w 17.07–436.8 · market cap null · NGM

## Key facts
- Total return with dividends: 1Y -84.9% vs S&P 500 +13.4%; 5Y -97.1% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2025-06-23) |
|---|---|---|
| Total return | -84.9% | -97.1% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -85.0% | -93.0% |
| Volatility (annualized) | 195.6% | 197.8% |
| Max drawdown | -95.2% (Nov 2025→May 2026) | -98.5% (Jun 2025→May 2026) |

## Peers
RGTZ (Defiance Daily Target 2x Short ) USD 25.71 -0.87% · QBTZ (Defiance Daily Target 2x Short ) USD 30.49 -0.29% · IONX (Defiance Daily Target 2X Long I) USD 12.92 +0.54% · PLTZ (Defiance Daily Target 2x Short ) USD 6.87 -0.29% · RGTX (Defiance Daily Target 2X Long R) USD 4.73 +0.25%

## More
Full page: https://nexqual.com/IONZ · 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 | 159.7% | ±34.3% |
| 2026-12-18 | 56 | 147.0% | ±44.0% |
| 2027-01-15 | 84 | 140.1% | ±50.8% |
| 2027-02-19 | 119 | 141.5% | ±59.4% |
| 2027-05-21 | 210 | 143.1% | ±77.0% |