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GOGL vs IONX

Corgi GOOGL 2x Daily ETF

GOGLCCboe

Defiance Daily Target 2X Long IONQ ETF

IONXDNasdaq

Overlap

Expense ratio

GOGL −1.18pt a year

GOGL0.20%IONX1.38%

Avg volume · 30D

IONX 59.4×the volume

GOGL18.9KIONX1.13M

GOGL vs IONX Performance

Jul 31, 2026 – Oct 30, 2026

−41.9%GOGL−45.4%IONX

Jul 31, 2026 to Oct 30, 2026. GOGL −41.9%. IONX −45.4%. Use the arrow keys to read each point.−20%0%20%40%60%Jul 2026Sep 2026Oct 2026
Expense ratio
GOGL 0.20%, better
IONX 1.38%
Fund size
GOGL $4M
IONX $94M
1Y total return
GOGL No data
IONX −92.4%
Holdings
GOGL 1
IONX 10
Avg volume (30D)
GOGL 18.9K sh
IONX 1.13M sh, better
NAV per share
GOGL $15.14
IONX $11.79
52W range

ETF.net Grade

GOGL: Cost 99, Risk 66, Mission not scored, Tradability 45, Holdings not scored, Durability 37. IONX: Cost 20, Risk 28, Mission 85, Tradability 72, Holdings not scored, Durability 79.
Pillar letters and Scores for GOGL, IONX, with each pillar’s weight
PillarGOGLIONX
Cost30% weightA99HigherF20
Mission25% weightNot scoredA85
Risk15% weightB66HigherD28
Tradability15% weightC45A72Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD37A79Higher

Rank among Single-Stock Long Leveraged funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GOGL and IONX are both graded against the same 315 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 315 funds
See all 315 ›

GOGL ranks 123rd and IONX 252nd of 315 funds in the Single-Stock Long Leveraged Category.

  1. Rank 123CGMECCorgi GME 2x Daily ETFScore 40
  2. Rank 123CGOGLCorgi GOOGL 2x Daily ETFScore 40
  3. Rank 123CGOOLLeverage Shares 2X Long GOOGL Daily ETFScore 40
  4. Rank 252DFLYTTradr 2X Long FLY Daily ETFScore 38
  5. Rank 252DIONXDefiance Daily Target 2X Long IONQ ETFScore 38
  6. Rank 252DONDLDaily Target 2X Long ONDS ETFScore 38

Our read on each fund

ETF.net Research

GOGLCCorgi GOOGL 2x Daily ETF

IONXDDefiance Daily Target 2X Long IONQ ETF

In short

GOGL No data

IONX A pure trading instrument: swaps on IonQ, the trapped-ion quantum computing company, aiming for twice its daily move with no margin account needed. The target resets every day, so this is a day-trade tool by design.

Stated mandate

GOGL No data

IONX The Fund seeks daily leveraged investment results equal to two times the daily percentage change in the share price of IonQ, Inc.

Why people hold it

GOGL No data

  • IONX Simple job, clearly stated: total return swaps on IonQ shares plus Treasury bill collateral, targeting 2x IonQ's daily percentage change. No margin account, no options chain.defianceetfs.comsec.gov
  • Day to day, it has stayed close to its stated 2x target, and it changes hands actively, which matters when your holding period is measured in hours.
  • At 1.38%, it is the cheaper of the two 2x IonQ ETFs: IONL charges 1.50% net of a waiver through December 31, 2026, on a 3.63% gross fee.
  • Live since March 2025 inside Defiance's single-stock lineup, so it has a real operating record rather than a launch-week one.

Worth knowing

GOGL No data

  • IONX The 2x target resets daily. Hold longer and your result tracks IonQ's path, not just its endpoint; choppy stretches can grind value down even if the stock ends flat.defianceetfs.com
  • Double the daily move of a single volatile quantum computing stock, with no buffer or downside cushion in the structure. Drawdowns arrive at double speed too.defianceetfs.com
  • The fee sits above the category median, and other issuers' 2x single-stock funds charge less (TSMG, 0.76%). Leverage and swap financing costs stack on top.sec.gov

Full GOGL profile⁠

Full IONX profile⁠

GOGL vs IONX Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GOGL vs IONX Cost

Overpaying IONX vs GOGL

$20,399

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GOGL 0.20%

    $4,155

  • IONX 1.38%

    $24,554

$10,000
30 years

Cost over time

  • GOGL 0.20%
  • IONX 1.38%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530IONX $24,554GOGL $4,155

Year by year

YearGOGLIONXOverpaying
10$365$2,395$2,030
20$1,421$8,848$7,427
30$4,155$24,554$20,399

Expense ratio

  • 0.20%GOGL, cheaper
  • 1.38%IONX
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

GOGL cheapest of 315 funds

IONX 255th cheapest of 315 funds

GOGL vs IONX Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
GOGL None
IONX No data
Last payment
GOGL No data
IONX $1.66
Ex-dividend
GOGL No data
IONX Dec 30, 2025
Paid on
GOGL No data
IONX Dec 31, 2025
Frequency
GOGL No data
IONX Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

GOGLAll GOGL payments⁠

No distribution history available.

IONXIrregular · 1 paymentAll IONX payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $1.66. Use the arrow keys to read each point.$0$12026YTD

GOGL vs IONX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GOGL No dataIONX 204.5%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
GOGL No dataIONX 0.45since Apr 2025
Worst fallMax drawdown, 5 years
GOGL No dataIONX −95.9%since Mar 2025
Market sensitivityBeta, 5 years
GOGL −3.37IONX 10.15

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