AMZZ vs NIXT

Comparison between GRANITESHARES 2X LONG AMZN DAILY ETF (AMZZ, ETF) and RESEARCH AFFILIATES DELETIONS ETF (NIXT, ETF).

AMZZ vs NIXT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AMZZ(ETF)	NIXT(ETF)
Net Assets	$55M	$54M
Expense Ratio	N/A	0.19%
Max Drawdown	55.28%	28.97%
Sharpe Ratio	0.33	1.21
5Y Beta	2.71	1.11
P/E Ratio	N/A	-13.74
Forward P/E	N/A	11.56
5Y EPS CAGR	N/A	4.79%
Debt to Equity	N/A	82.79%
P/S Ratio	N/A	0.79
P/B Ratio	N/A	1.84

Net Assets

Winner

AMZZ

$55M

NIXT

$54M

Expense Ratio

AMZZ

N/A

NIXT

0.19%

Max Drawdown

AMZZ

55.28%

Winner

NIXT

28.97%

Sharpe Ratio

AMZZ

0.33

Winner

NIXT

1.21

5Y Beta

AMZZ

2.71

Winner

NIXT

1.11

P/E Ratio

AMZZ

N/A

NIXT

-13.74

Forward P/E

AMZZ

N/A

NIXT

11.56

5Y EPS CAGR

AMZZ

N/A

NIXT

4.79%

Debt to Equity

AMZZ

N/A

NIXT

82.79%

P/S Ratio

AMZZ

N/A

NIXT

0.79

P/B Ratio

AMZZ

N/A

NIXT

1.84

AMZZ vs NIXT - Historical Returns

Returns include dividend reinvestment.

Period	AMZZ	NIXT
1 month	-20.43%	+3.80%
3 months	+24.40%	+18.56%
6 months	+2.83%	+17.29%
1 year	+6.48%	+32.17%
Max(CAGR)	+10.47%	+17.45%

AMZZ

-20.43%

Winner

NIXT

+3.80%

Winner

AMZZ

+24.40%

NIXT

+18.56%

AMZZ

+2.83%

Winner

NIXT

+17.29%

AMZZ

+6.48%

Winner

NIXT

+32.17%

Max(CAGR)

AMZZ

+10.47%

Winner

NIXT

+17.45%

AMZZ vs NIXT - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	AMZZ	NIXT
2026	+3.03%	+19.17%
2025	-9.54%	+4.81%
2024	+38.36%	+4.91%

AMZZ vs NIXT Drawdown Comparison

The maximum drawdown for AMZZ was -55.28%, occurring on Apr 21, 2025. Recovery took 313 trading sessions.

The maximum drawdown for NIXT was -27.74%, occurring on Apr 8, 2025. Recovery took 270 trading sessions.

The current AMZZ drawdown is -25.73%. The current NIXT drawdown is -0.62%.

Rank	AMZZ	NIXT
#1	-55.28% Feb 4, 2025 - May 5, 2026	-27.74% Nov 11, 2024 - Dec 10, 2025
#2	-37.35% Jul 2, 2024 - Nov 7, 2024	-7.67% Mar 2, 2026 - Apr 8, 2026
#3	-25.80% May 6, 2026 - Jun 10, 2026	-5.18% Apr 20, 2026 - May 27, 2026
#4	-16.19% Apr 11, 2024 - Jun 26, 2024	-3.99% Dec 11, 2025 - Jan 6, 2026
#5	-15.73% Nov 13, 2024 - Dec 4, 2024	-3.85% Oct 18, 2024 - Nov 6, 2024
#6	-13.45% Dec 16, 2024 - Jan 22, 2025	-3.37% Jan 22, 2026 - Feb 6, 2026
#7	-5.10% Jun 27, 2024 - Jul 2, 2024	-3.18% Sep 27, 2024 - Oct 16, 2024
#8	-3.20% Nov 7, 2024 - Nov 13, 2024	-3.17% Jun 1, 2026 - Jun 10, 2026
#9	-3.07% Jan 28, 2025 - Feb 4, 2025	-2.40% Jan 15, 2026 - Jan 21, 2026
#10	-2.45% Dec 11, 2024 - Dec 16, 2024	-2.30% Feb 20, 2026 - Mar 2, 2026
#11	-2.17% Apr 3, 2024 - Apr 5, 2024	-2.25% Feb 6, 2026 - Feb 20, 2026
#12	-1.79% Dec 6, 2024 - Dec 11, 2024	-1.72% Sep 19, 2024 - Sep 27, 2024
#13	-1.70% Mar 25, 2024 - Mar 27, 2024	-1.31% Jan 6, 2026 - Jan 9, 2026
#14	-0.53% Jan 23, 2025 - Jan 28, 2025	-0.84% Jan 9, 2026 - Jan 15, 2026
#15	-0.27% Apr 1, 2024 - Apr 3, 2024	-0.83% Apr 9, 2026 - Apr 13, 2026