AAPB vs RNEM

Comparison between GRANITESHARES 2X LONG AAPL DAILY ETF (AAPB, ETF) and EMERGING MARKETS EQUITY SELECT ETF (RNEM, ETF).

AAPB vs RNEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AAPB(ETF)	RNEM(ETF)
Net Assets	$17M	$17M
Expense Ratio	N/A	0.75%
Max Drawdown	58.13%	41.82%
Sharpe Ratio	1.15	0.21
5Y Beta	2.14	0.58
P/E Ratio	34.43	N/A
Forward P/E	32.47	N/A
PEG Ratio	1.06	N/A
5Y Dividends CAGR	N/A	-2.03%
5Y EPS CAGR	11.10%	N/A
Debt to Equity	76.59%	N/A
P/S Ratio	9.54	N/A
P/B Ratio	41.84	N/A

Net Assets

AAPB

$17M

Winner

RNEM

$17M

Expense Ratio

AAPB

N/A

RNEM

0.75%

Max Drawdown

AAPB

58.13%

Winner

RNEM

41.82%

Sharpe Ratio

Winner

AAPB

1.15

RNEM

0.21

5Y Beta

AAPB

2.14

Winner

RNEM

0.58

P/E Ratio

AAPB

34.43

RNEM

N/A

Forward P/E

AAPB

32.47

RNEM

N/A

PEG Ratio

AAPB

1.06

RNEM

N/A

5Y Dividends CAGR

AAPB

N/A

RNEM

-2.03%

5Y EPS CAGR

AAPB

11.10%

RNEM

N/A

Debt to Equity

AAPB

76.59%

RNEM

N/A

P/S Ratio

AAPB

9.54

RNEM

N/A

P/B Ratio

AAPB

41.84

RNEM

N/A

AAPB vs RNEM - Holdings Comparison

AAPB and RNEM have 0 common holdings. Overlap is 0.00%

AAPB's top 25 holdings weight is 66.67%. RNEM's top 25 holdings weight is 44.65%.

Rank	AAPB	RNEM
#1	APPLE INC (AAPL) - 66.67%	NOVATEK MICROELECTRONICS CORP (n/a) - 3.82%
#2	N/A	TITAN CO LTD (n/a) - 3.64%
#3	N/A	ANTA SPORTS PRODUCTS LTD (n/a) - 2.73%
#4	N/A	TENCENT HOLDINGS LTD (n/a) - 2.61%
#5	N/A	RELIANCE INDUSTRIES LTD (n/a) - 2.54%
#6	N/A	TATA CONSULTANCY SERVICES LTD (n/a) - 2.46%
#7	N/A	PIDILITE INDUSTRIES LTD (n/a) - 2.40%
#8	N/A	SHREE CEMENT LTD (n/a) - 2.33%
#9	N/A	ULTRATECH CEMENT LTD (n/a) - 2.32%
#10	N/A	ICICI BANK LTD (n/a) - 1.90%
#11	N/A	KOTAK MAHINDRA BANK LTD (n/a) - 1.78%
#12	N/A	STATE BANK OF INDIA (n/a) - 1.74%
#13	N/A	SBI LIFE INSURANCE CO LTD (n/a) - 1.62%
#14	N/A	n/a (n/a) - 1.62%
#15	N/A	HDFC BANK LTD (n/a) - 1.60%
#16	N/A	n/a (n/a) - 1.60%
#17	N/A	n/a (n/a) - 1.50%
#18	N/A	HDFC LIFE INSURANCE CO LTD (n/a) - 1.48%
#19	N/A	BHARTI AIRTEL LTD (n/a) - 1.47%
#20	N/A	FAR EASTERN NEW CENTURY CORP (n/a) - 1.27%
#21	N/A	NESTLE INDIA LTD (n/a) - 0.46%
#22	N/A	CTBC FINANCIAL HOLDING CO LTD (n/a) - 0.44%
#23	N/A	SINOPAC FINANCIAL HOLDINGS CO LTD (n/a) - 0.44%
#24	N/A	SUN PHARMACEUTICALS INDUSTRIES LTD (n/a) - 0.44%
#25	N/A	INDUSTRIAS PENOLES SAB DE CV (n/a) - 0.44%
Total Holdings	1	267

AAPB vs RNEM - Historical Returns

Returns include dividend reinvestment.

Period	AAPB	RNEM
1 month	-14.40%	+2.12%
3 months	-3.12%	+4.14%
6 months	+19.15%	-2.82%
1 year	+63.79%	+6.46%
5 years(CAGR)	+16.97%	+5.53%
10 years(CAGR)	N/A	+4.36%
Max(CAGR)	+16.97%	+4.36%

AAPB

-14.40%

Winner

RNEM

+2.12%

AAPB

-3.12%

Winner

RNEM

+4.14%

Winner

AAPB

+19.15%

RNEM

-2.82%

Winner

AAPB

+63.79%

RNEM

+6.46%

5Y(CAGR)

Winner

AAPB

+16.97%

RNEM

+5.53%

10Y(CAGR)

AAPB

N/A

RNEM

+4.36%

Max(CAGR)

Winner

AAPB

+16.97%

RNEM

+4.36%

AAPB vs RNEM - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	AAPB	RNEM
2026	+19.47%	+2.61%
2025	+4.65%	+14.82%
2024	+56.92%	-0.13%
2023	+88.68%	+23.36%
2022	-38.44%	-8.72%
2021	N/A	+5.91%
2020	N/A	-9.24%
2019	N/A	+13.61%
2018	N/A	-9.36%
2017	N/A	+11.97%

AAPB vs RNEM Drawdown Comparison

The maximum drawdown for AAPB was -58.13%, occurring on Apr 8, 2025. Recovery took 232 trading sessions.

The maximum drawdown for RNEM was -38.38%, occurring on Mar 23, 2020. Recovery took 1377 trading sessions.

The current AAPB drawdown is -17.78%. The current RNEM drawdown is -2.82%.

Rank	AAPB	RNEM
#1	-58.13% Dec 26, 2024 - Dec 1, 2025	-38.38% Jan 24, 2018 - Jul 17, 2023
#2	-47.65% Aug 17, 2022 - Jun 22, 2023	-13.10% Sep 26, 2024 - May 12, 2025
#3	-35.74% Jul 31, 2023 - Jun 12, 2024	-10.71% Feb 25, 2026 - Mar 30, 2026
#4	-28.11% Dec 2, 2025 - May 12, 2026	-10.64% Jul 26, 2023 - Dec 27, 2023
#5	-25.51% Jun 2, 2026 - Jul 15, 2026	-7.32% Jul 8, 2025 - Jan 22, 2026
#6	-23.18% Jul 16, 2024 - Dec 3, 2024	-5.52% Jul 12, 2024 - Sep 19, 2024
#7	-21.73% Jul 28, 2026 - Aug 12, 2026	-4.87% Dec 28, 2023 - Feb 22, 2024
#8	-8.86% Jun 17, 2024 - Jul 2, 2024	-4.74% May 20, 2024 - Jul 12, 2024
#9	-7.53% Jul 17, 2026 - Jul 27, 2026	-4.62% Oct 13, 2017 - Dec 29, 2017
#10	-5.36% Jun 30, 2023 - Jul 19, 2023	-4.17% Apr 9, 2024 - May 6, 2024
#11	-4.60% Dec 17, 2024 - Dec 20, 2024	-3.65% Sep 11, 2017 - Oct 13, 2017
#12	-4.60% Jul 10, 2024 - Jul 15, 2024	-2.56% Aug 8, 2017 - Aug 30, 2017
#13	-4.05% May 28, 2026 - Jun 2, 2026	-2.39% May 15, 2025 - Jun 11, 2025
#14	-2.92% Jul 19, 2023 - Jul 28, 2023	-2.30% Jan 27, 2026 - Feb 9, 2026
#15	-1.80% Jun 22, 2023 - Jun 27, 2023	-2.12% Feb 22, 2024 - Mar 7, 2024