IONL vs VTI

IONL vs VTI

Which is better, IONL or VTI?

Trading-Leveraged Equity against Large Cap Blend.

VTI has a lower expense ratio. VTI led over 1Y and the full window.

Lower Fees: VTIHigher Returns: VTI

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricIONLVTI
Expense Ratio1.50%0.03%Best
AUM$59M$666.9B
Dividend Yield0.00%1.03%
Holdings23,543
YTD Return-69.50%+12.57%Best
1Y Return-78.93%+17.22%Best
3Y Return (annualized)-+20.87%
5Y Return (annualized)-+11.86%
Volatility (annualized)204.3%11.9%Best
Max Drawdown-93.5%-14.0%Best
$10,000 over 1.5 years$4,495$13,567Best
Fund FamilyGraniteSharesVanguard (US)
CategoryAlternativeEquity
StyleTrading-Leveraged EquityLarge Cap Blend
InceptionMar 25, 2025May 24, 2001

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 25, 2025 to Sep 11, 2026 (1.5 years).

IONL vs VTI growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

IONL vs VTI Performance

GraniteShares 2x Long IONQ Daily ETF (IONL) is an ETF from GraniteShares and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year IONL returned -78.93% while VTI returned +17.22%. Year to date, IONL is down 69.50% versus a gain of 12.57% for VTI.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IONL has been the more volatile fund, with annualized monthly volatility of 204.3% compared with 11.9% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -93.5% for IONL and -14.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IONL charges 1.50% per year while VTI charges 0.03%. On a $10,000 position that is $150 vs $3 annually, a gap of $147 per year that compounds over a long holding period. On income, IONL currently yields 0.00% against 1.03% for VTI.

Holdings Overlap

We hold position weights for 1 holding in IONL and 2,787 in VTI, totalling 66.7% and 90.6% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.

1 positions in common, counted across the 1 positions we hold weights for in IONL and 2,787 in VTI, against full books of 2 and 3,543.

Top Shared Holdings

StockWeight in IONLWeight in VTIDifference
IONQIonq, Inc. Pipe66.70%0.02%66.68%

You are not choosing between two funds in isolation.

Whichever of IONL and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

IONLVTI

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, IONL or VTI?

IONL has an expense ratio of 1.50% while VTI charges 0.03%. VTI is the cheaper option, by $147 a year on a $10,000 investment.

Which performed better, IONL or VTI?

Over the past year IONL returned -78.93% vs +17.22% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (2 years), IONL annualized -41.32% vs +22.55% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, IONL or VTI?

IONL has been the more volatile fund at 204.3% annualized versus 11.9% for VTI. Worst drawdown: IONL -93.5% vs VTI -14.0%.

Should I hold both IONL and VTI?

IONL and VTI have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, IONL or VTI?

IONL yields 0.00% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.

Is VTI better than IONL?

VTI has a lower expense ratio. VTI led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.