DRLL vs NOWL

Comparison between STRIVE U.S. ENERGY ETF (DRLL, ETF) and GRANITESHARES 2X LONG NOW DAILY ETF (NOWL, ETF).

DRLL vs NOWL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DRLL(ETF)	NOWL(ETF)
Net Assets	$282M	$282M
Expense Ratio	0.41%	N/A
Max Drawdown	25.85%	86.57%
Sharpe Ratio	1.27	-1.25
5Y Beta	0.53	1.49
P/E Ratio	21.98	N/A
Forward P/E	10.81	N/A
PEG Ratio	0.63	N/A
5Y EPS CAGR	18.51%	N/A
Debt to Equity	16.87%	N/A
P/S Ratio	1.43	N/A
P/B Ratio	2.12	N/A

Net Assets

Winner

DRLL

$282M

NOWL

$282M

Expense Ratio

DRLL

0.41%

NOWL

N/A

Max Drawdown

Winner

DRLL

25.85%

NOWL

86.57%

Sharpe Ratio

Winner

DRLL

1.27

NOWL

-1.25

5Y Beta

Winner

DRLL

0.53

NOWL

1.49

P/E Ratio

DRLL

21.98

NOWL

N/A

Forward P/E

DRLL

10.81

NOWL

N/A

PEG Ratio

DRLL

0.63

NOWL

N/A

5Y EPS CAGR

DRLL

18.51%

NOWL

N/A

Debt to Equity

DRLL

16.87%

NOWL

N/A

P/S Ratio

DRLL

1.43

NOWL

N/A

P/B Ratio

DRLL

2.12

NOWL

N/A

DRLL vs NOWL - Historical Returns

Returns include dividend reinvestment.

Period	DRLL	NOWL
1 month	-0.55%	+21.79%
3 months	-2.11%	-32.81%
6 months	+25.64%	-74.79%
1 year	+33.72%	-80.95%
Max(CAGR)	+12.50%	-83.87%

DRLL

-0.55%

Winner

NOWL

+21.79%

Winner

DRLL

-2.11%

NOWL

-32.81%

Winner

DRLL

+25.64%

NOWL

-74.79%

Winner

DRLL

+33.72%

NOWL

-80.95%

Max(CAGR)

Winner

DRLL

+12.50%

NOWL

-83.87%

DRLL vs NOWL - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	DRLL	NOWL
2026	+25.29%	-64.03%
2025	+6.66%	-42.58%
2024	-1.12%	N/A
2023	+1.80%	N/A
2022	+16.54%	N/A

DRLL vs NOWL Drawdown Comparison

The maximum drawdown for DRLL was -23.74%, occurring on Apr 8, 2025. Recovery took 451 trading sessions.

The maximum drawdown for NOWL was -86.57%, occurring on Apr 23, 2026. This drawdown has not yet recovered.

The current DRLL drawdown is -10.71%. The current NOWL drawdown is -82.32%.

Rank	DRLL	NOWL
#1	-23.74% Apr 5, 2024 - Jan 23, 2026	-86.57% Jul 24, 2025 - Apr 23, 2026
#2	-17.35% Nov 15, 2022 - Sep 12, 2023	-1.96% Jul 16, 2025 - Jul 24, 2025
#3	-16.35% Aug 29, 2022 - Oct 19, 2022	N/A
#4	-13.92% Mar 27, 2026 - Apr 17, 2026	N/A
#5	-12.77% Sep 14, 2023 - Mar 19, 2024	N/A
#6	-4.80% Nov 8, 2022 - Nov 11, 2022	N/A
#7	-2.71% Feb 11, 2026 - Feb 19, 2026	N/A
#8	-2.18% Nov 1, 2022 - Nov 4, 2022	N/A
#9	-2.11% Jan 30, 2026 - Feb 3, 2026	N/A
#10	-2.00% Mar 6, 2026 - Mar 11, 2026	N/A
#11	-1.68% Aug 12, 2022 - Aug 18, 2022	N/A
#12	-1.33% Feb 4, 2026 - Feb 6, 2026	N/A
#13	-1.23% Aug 25, 2022 - Aug 29, 2022	N/A
#14	-1.11% Feb 19, 2026 - Feb 27, 2026	N/A
#15	-0.90% Mar 2, 2026 - Mar 5, 2026	N/A

Correlation

Correlation between DRLL and NOWL is -0.91 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.91

-101