BNDD vs MUSQ

Comparison between QUADRATIC DEFLATION ETF (BNDD, ETF) and MUSQ GLOBAL MUSIC INDUSTRY INDEX ETF (MUSQ, ETF).

BNDD vs MUSQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BNDD(ETF)	MUSQ(ETF)
Net Assets	$21M	$21M
Expense Ratio	1.02%	0.76%
Max Drawdown	56.77%	23.60%
Sharpe Ratio	0.12	-0.84
5Y Beta	0.11	0.82
P/E Ratio	N/A	37.65
Forward P/E	N/A	26.92
Debt to Equity	N/A	184.84%
P/S Ratio	N/A	2.81
P/B Ratio	N/A	7.68

Net Assets

BNDD

$21M

Winner

MUSQ

$21M

Expense Ratio

BNDD

1.02%

Winner

MUSQ

0.76%

Max Drawdown

BNDD

56.77%

Winner

MUSQ

23.60%

Sharpe Ratio

Winner

BNDD

0.12

MUSQ

-0.84

5Y Beta

Winner

BNDD

0.11

MUSQ

0.82

P/E Ratio

BNDD

N/A

MUSQ

37.65

Forward P/E

BNDD

N/A

MUSQ

26.92

Debt to Equity

BNDD

N/A

MUSQ

184.84%

P/S Ratio

BNDD

N/A

MUSQ

2.81

P/B Ratio

BNDD

N/A

MUSQ

7.68

BNDD vs MUSQ - Historical Returns

Returns include dividend reinvestment.

Period	BNDD	MUSQ
1 month	-0.81%	-1.23%
3 months	-0.78%	-3.33%
6 months	+0.30%	-6.50%
1 year	+3.97%	-12.15%
5 years(CAGR)	-4.38%	N/A
Max(CAGR)	-4.38%	+1.61%

Winner

BNDD

-0.81%

MUSQ

-1.23%

Winner

BNDD

-0.78%

MUSQ

-3.33%

Winner

BNDD

+0.30%

MUSQ

-6.50%

Winner

BNDD

+3.97%

MUSQ

-12.15%

5Y(CAGR)

BNDD

-4.38%

MUSQ

N/A

Max(CAGR)

BNDD

-4.38%

Winner

MUSQ

+1.61%

BNDD vs MUSQ - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	BNDD	MUSQ
2026	+3.62%	-9.36%
2025	-7.97%	+19.92%
2024	-6.66%	-3.31%
2023	+2.95%	+1.76%
2022	-15.91%	N/A
2021	+5.54%	N/A

BNDD vs MUSQ Drawdown Comparison

The maximum drawdown for BNDD was -30.89%, occurring on Sep 2, 2025. This drawdown has not yet recovered.

The maximum drawdown for MUSQ was -23.12%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current BNDD drawdown is -27.25%. The current MUSQ drawdown is -15.19%.

Rank	BNDD	MUSQ
#1	-30.89% Dec 3, 2021 - Sep 2, 2025	-23.12% Sep 16, 2025 - Mar 27, 2026
#2	-6.51% Sep 22, 2021 - Oct 27, 2021	-18.82% Feb 14, 2025 - May 20, 2025
#3	-2.91% Nov 11, 2021 - Nov 26, 2021	-15.69% Jul 18, 2023 - May 6, 2024
#4	-1.28% Nov 1, 2021 - Nov 5, 2021	-14.51% May 6, 2024 - Jan 30, 2025
#5	-0.66% Nov 9, 2021 - Nov 11, 2021	-7.33% Jul 23, 2025 - Aug 13, 2025
#6	-0.61% Nov 26, 2021 - Nov 30, 2021	-2.50% Aug 18, 2025 - Sep 8, 2025
#7	N/A	-1.91% Jun 30, 2025 - Jul 17, 2025
#8	N/A	-1.61% Jun 10, 2025 - Jun 23, 2025
#9	N/A	-1.57% May 27, 2025 - Jun 4, 2025
#10	N/A	-1.09% May 20, 2025 - May 27, 2025
#11	N/A	-0.94% Jan 30, 2025 - Feb 4, 2025
#12	N/A	-0.93% Jul 13, 2023 - Jul 18, 2023
#13	N/A	-0.92% Jul 17, 2025 - Jul 22, 2025
#14	N/A	-0.91% Jun 24, 2025 - Jun 26, 2025
#15	N/A	-0.53% Jul 7, 2023 - Jul 11, 2023

Correlation

Correlation between BNDD and MUSQ is -0.62 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.62

-101