BSMQ vs NOWL
Comparison between INVESCO BULLETSHARES 2026 MUNICIPAL BOND ETF (BSMQ, ETF) and GRANITESHARES 2X LONG NOW DAILY ETF (NOWL, ETF).
BSMQ vs NOWL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
BSMQ
$285M
Winner
NOWL
$286M
Expense Ratio
BSMQ
0.18%
NOWL
N/A
Max Drawdown
Winner
BSMQ
13.32%
NOWL
86.64%
Sharpe Ratio
Winner
BSMQ
-0.73
NOWL
-1.12
5Y Beta
Winner
BSMQ
0.02
NOWL
1.29
5Y Dividends CAGR
BSMQ
14.04%
NOWL
N/A
BSMQ vs NOWL - Historical Returns
Returns include dividend reinvestment.
1M
BSMQ
+0.12%
Winner
NOWL
+15.90%
3M
Winner
BSMQ
+0.42%
NOWL
-14.39%
6M
Winner
BSMQ
+0.79%
NOWL
-51.50%
1Y
Winner
BSMQ
+2.83%
NOWL
-81.90%
5Y(CAGR)
BSMQ
+0.28%
NOWL
N/A
Max(CAGR)
Winner
BSMQ
+1.20%
NOWL
-81.39%
BSMQ vs NOWL - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | BSMQ | NOWL |
|---|---|---|
| 2026 | +1.12% | -65.77% |
| 2025 | +2.81% | -42.58% |
| 2024 | +2.05% | N/A |
| 2023 | +3.36% | N/A |
| 2022 | -7.56% | N/A |
| 2021 | +0.85% | N/A |
| 2020 | +5.15% | N/A |
| 2019 | +0.24% | N/A |
BSMQ vs NOWL Drawdown Comparison
The maximum drawdown for BSMQ was -13.18%, occurring on Mar 23, 2020. Recovery took 179 trading sessions.
The maximum drawdown for NOWL was -86.64%, occurring on Jun 25, 2026. This drawdown has not yet recovered.
The current BSMQ drawdown is -0.05%. The current NOWL drawdown is -83.18%.
| Rank | BSMQ | NOWL |
|---|---|---|
| #1 | -13.18% Mar 9, 2020 - Nov 19, 2020 | -86.64% Jul 24, 2025 - Jun 25, 2026 |
| #2 | -11.50% Jul 19, 2021 - Dec 31, 2025 | -1.96% Jul 16, 2025 - Jul 24, 2025 |
| #3 | -1.99% Feb 11, 2021 - Jun 8, 2021 | N/A |
| #4 | -0.87% Oct 21, 2019 - Dec 3, 2019 | N/A |
| #5 | -0.81% Jun 11, 2021 - Jul 19, 2021 | N/A |
| #6 | -0.37% Jan 31, 2020 - Feb 18, 2020 | N/A |
| #7 | -0.31% Jan 5, 2021 - Jan 25, 2021 | N/A |
| #8 | -0.25% Mar 5, 2026 - Apr 2, 2026 | N/A |
| #9 | -0.24% Mar 2, 2020 - Mar 9, 2020 | N/A |
| #10 | -0.24% May 13, 2026 - May 29, 2026 | N/A |
| #11 | -0.24% Apr 9, 2026 - May 13, 2026 | N/A |
| #12 | -0.23% Jan 26, 2026 - Feb 24, 2026 | N/A |
| #13 | -0.20% Dec 13, 2019 - Jan 2, 2020 | N/A |
| #14 | -0.17% Nov 30, 2020 - Dec 7, 2020 | N/A |
| #15 | -0.17% Jun 23, 2026 - Jul 9, 2026 | N/A |
Correlation
Correlation between BSMQ and NOWL is -0.94 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.
-0.94
-101
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