Defiance Daily Target 2X Long LLY ETF (LLYX) Performance
LLYX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.0% since Dec 31, 2025
- 1 year
- +88.9% total return
- Since first price
- +49.3% since 2024
LLYX trailing returns vs SPY, QQQ, AGG
| Period | LLYX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +19.1% | +19.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +8.9% | +8.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +71.1% | +71.1% | +7.8% | +8.4% | −1.5% |
| YTD | +14.0% | +14.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +88.9% | +83.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionJun 10, 2024 | +49.3% | +45.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: LLYX vs SPY
From Jun 10, 2024: LLYX grew to $14,933, SPY to $14,606.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LLYX returns by calendar year
1 of 1 full years positive. Best 2025 (+44.3%), worst 2025 (+44.3%). 2026 is year to date.
LLYX annual returns table
| Year | LLYX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.0% | −45.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +44.3% | −61.9% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
LLYX largest drawdowns
Now 5.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 30, 2024 | −68.0% | Aug 8, 2025 | Aug 19, 2026 | 11 months | 2.0 years |
| Aug 19, 2026 | −25.1% | Sep 11, 2026 | Oct 22, 2026 | 23 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
LLYX risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +10.8% |
| Volatility (annualized) | 74.5% |
| Sharpe ratio | 0.41 |
| Sortino ratio | 0.79 |
| Best month | +52.5% |
| Worst month | −35.3% |
| Best 12 months | +95.9% |
| Worst 12 months | −56.9% |
| Positive months | 37% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
LLYX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 17 | −56.9% | +22.4% | +95.9% | 53% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
LLYX performance overview
Defiance Daily Target 2X Long LLY ETF (LLYX) returned +88.9% over the past year, with distributions reinvested. Since its first recorded price on Jun 10, 2024 it has returned +49.3%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −68.0%, from Aug 30, 2024 to Aug 8, 2025, and it took 1.0 years to get back to the old high. Volatility has been 74.5% a year.
Related: LLYX chart, LLYX dividends. See the LLYX overview for the latest quote and fund facts.
LLYX performance FAQ
What is the LLYX return over the past year?
LLYX returned +88.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 83.9%.
How much would $10,000 invested in LLYX be worth?
$10,000 invested in LLYX at its first recorded close on June 10, 2024 would be worth about $14,933 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of LLYX?
The largest peak-to-trough decline was −68.0% between August 30, 2024 and August 8, 2025. It recovered to the old high on August 19, 2026, 1.0 years after the bottom.
How volatile is LLYX?
Over the past history LLYX had an annualized volatility of 74.5% and a Sharpe ratio of 0.41 (excess return over 1–3 month T-bills per unit of risk).