EVMT vs MPL
Comparison between Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT, ETF) and Defiance Daily Target 2X Long MP ETF (MPL, ETF).
EVMT vs MPL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
EVMT vs MPL - Holdings Comparison
EVMT and MPL have 0 common holdings. Overlap is 0.00%
EVMT's top 25 holdings weight is 76.94%. MPL's top 25 holdings weight is 3.03%.
| Rank | EVMT | MPL |
|---|---|---|
| #1 | INVESCO PREMIER US GOVERNMENT MONEY INST (IUGXX) - 76.94% | FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.03% |
| #2 | N/A | N/A |
| #3 | N/A | N/A |
| #4 | N/A | N/A |
| #5 | N/A | N/A |
| #6 | N/A | N/A |
| #7 | N/A | N/A |
| #8 | N/A | N/A |
| #9 | N/A | N/A |
| #10 | N/A | N/A |
| #11 | N/A | N/A |
| #12 | N/A | N/A |
| #13 | N/A | N/A |
| #14 | N/A | N/A |
| #15 | N/A | N/A |
| #16 | N/A | N/A |
| #17 | N/A | N/A |
| #18 | N/A | N/A |
| #19 | N/A | N/A |
| #20 | N/A | N/A |
| #21 | N/A | N/A |
| #22 | N/A | N/A |
| #23 | N/A | N/A |
| #24 | N/A | N/A |
| #25 | N/A | N/A |
| Total Holdings | 1 | 1 |
EVMT vs MPL - Historical Returns
Returns include dividend reinvestment.
EVMT vs MPL - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | EVMT | MPL |
|---|---|---|
| 2026 | +9.74% | -29.47% |
| 2025 | +31.55% | N/A |
| 2024 | -9.66% | N/A |
| 2023 | -28.15% | N/A |
| 2022 | -16.93% | N/A |
EVMT vs MPL Drawdown Comparison
The maximum drawdown for EVMT was -48.31%, occurring on Apr 8, 2025. This drawdown has not yet recovered.
The maximum drawdown for MPL was -46.81%, occurring on Jun 10, 2026. This drawdown has not yet recovered.
The current EVMT drawdown is -24.30%. The current MPL drawdown is -38.36%.
| Rank | EVMT | MPL |
|---|---|---|
| #1 | -48.31% Apr 27, 2022 - Apr 8, 2025 | -46.81% Jun 2, 2026 - Jun 10, 2026 |
| #2 | N/A | -8.36% May 26, 2026 - Jun 1, 2026 |
Correlation
Correlation between EVMT and MPL is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
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