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BTCL vs ZMAY

Comparison between T-REX 2X LONG BITCOIN DAILY TARGET ETF (BTCL, ETF) and Innovator Equity Defined Protection ETF 1 Yr May (ZMAY, ETF).

BTCL vs ZMAY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
BTCL
$34M
ZMAY
$34M
Expense Ratio
BTCL
N/A
ZMAY
0.79%
Max Drawdown
BTCL
83.47%
Winner
ZMAY
0.45%
Sharpe Ratio
BTCL
-1.29
Winner
ZMAY
1.13
5Y Beta
BTCL
2.57
Winner
ZMAY
0.09

BTCL vs ZMAY - Historical Returns

Returns include dividend reinvestment.

1M
BTCL
-46.69%
Winner
ZMAY
+0.19%
3M
BTCL
-33.31%
Winner
ZMAY
+1.30%
6M
BTCL
-62.93%
Winner
ZMAY
+2.27%
1Y
BTCL
-76.03%
Winner
ZMAY
+5.41%
Max(CAGR)
BTCL
-31.05%
Winner
ZMAY
+5.97%

BTCL vs ZMAY - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

YearBTCLZMAY
2026-62.21%+1.78%
2025-44.58%+4.67%
2024+104.77%N/A

BTCL vs ZMAY Drawdown Comparison

The maximum drawdown for BTCL was -82.70%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for ZMAY was -0.45%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current BTCL drawdown is -82.70%. The current ZMAY drawdown is -0.45%.

RankBTCLZMAY
#1-82.70%
Aug 13, 2025 - Jun 5, 2026
-0.45%
Jun 2, 2026 - Jun 5, 2026
#2-56.54%
Dec 17, 2024 - Aug 13, 2025
-0.39%
Mar 16, 2026 - Mar 31, 2026
#3-44.16%
Jul 22, 2024 - Nov 6, 2024
-0.39%
May 19, 2025 - May 30, 2025
#4-17.14%
Nov 22, 2024 - Dec 6, 2024
-0.34%
Nov 12, 2025 - Nov 25, 2025
#5-10.82%
Dec 6, 2024 - Dec 16, 2024
-0.29%
May 14, 2026 - May 26, 2026
#6-5.20%
Nov 13, 2024 - Nov 15, 2024
-0.24%
Jul 10, 2025 - Jul 18, 2025
#7-5.13%
Jul 16, 2024 - Jul 19, 2024
-0.22%
Mar 9, 2026 - Mar 16, 2026
#8-0.57%
Jul 10, 2024 - Jul 12, 2024
-0.20%
Jul 23, 2025 - Aug 4, 2025
#9-0.08%
Nov 15, 2024 - Nov 19, 2024
-0.18%
Oct 6, 2025 - Oct 20, 2025
#10N/A-0.18%
Jan 12, 2026 - Jan 27, 2026
#11N/A-0.16%
May 2, 2025 - May 12, 2025
#12N/A-0.16%
Jun 12, 2025 - Jun 18, 2025
#13N/A-0.15%
Mar 2, 2026 - Mar 9, 2026
#14N/A-0.14%
Oct 27, 2025 - Nov 10, 2025
#15N/A-0.14%
Aug 22, 2025 - Sep 4, 2025

Correlation

Correlation between BTCL and ZMAY is -0.90 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.90
-101

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