FPAS vs GOU

Comparison between FPA SHORT DURATION GOVERNMENT ETF (FPAS, ETF) and GRANITESHARES 2X LONG GOOGL DAILY ETF (GOU, ETF).

FPAS vs GOU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FPAS(ETF)	GOU(ETF)
Net Assets	$6.90M	$6.90M
Expense Ratio	0.10%	N/A
Max Drawdown	4.19%	38.44%
Sharpe Ratio	-0.40	0.89
5Y Beta	-0.02	2.65

Net Assets

FPAS

$6.90M

GOU

$6.90M

Expense Ratio

FPAS

0.10%

GOU

N/A

Max Drawdown

Winner

FPAS

4.19%

GOU

38.44%

Sharpe Ratio

FPAS

-0.40

Winner

GOU

0.89

5Y Beta

Winner

FPAS

-0.02

GOU

2.65

FPAS vs GOU - Historical Returns

Returns include dividend reinvestment.

Period	FPAS	GOU
1 month	-0.51%	-12.77%
3 months	-1.31%	+39.75%
6 months	-0.57%	+17.96%
1 year	+2.54%	N/A
Max(CAGR)	+3.75%	+47.83%

Winner

FPAS

-0.51%

GOU

-12.77%

FPAS

-1.31%

Winner

GOU

+39.75%

FPAS

-0.57%

Winner

GOU

+17.96%

FPAS

+2.54%

GOU

N/A

Max(CAGR)

FPAS

+3.75%

Winner

GOU

+47.83%

FPAS vs GOU - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	FPAS	GOU
2026	-0.73%	+24.43%
2025	+7.12%	-2.90%
2024	-0.02%	N/A

FPAS vs GOU Drawdown Comparison

The maximum drawdown for FPAS was -2.47%, occurring on May 19, 2026. This drawdown has not yet recovered.

The maximum drawdown for GOU was -38.44%, occurring on Mar 30, 2026. Recovery took 61 trading sessions.

The current FPAS drawdown is -2.11%. The current GOU drawdown is -18.11%.

Rank	FPAS	GOU
#1	-2.47% Feb 27, 2026 - May 19, 2026	-38.44% Feb 2, 2026 - Apr 30, 2026
#2	-1.96% Dec 6, 2024 - Feb 24, 2025	-20.75% May 13, 2026 - Jun 3, 2026
#3	-1.86% Apr 4, 2025 - Apr 30, 2025	-15.26% Dec 5, 2025 - Jan 8, 2026
#4	-1.77% Apr 30, 2025 - Jun 25, 2025	-8.31% Jan 13, 2026 - Jan 29, 2026
#5	-1.73% Mar 18, 2025 - Apr 4, 2025	-6.71% May 8, 2026 - May 13, 2026
#6	-1.06% Jun 26, 2025 - Aug 1, 2025	-1.92% Dec 3, 2025 - Dec 5, 2025
#7	-0.81% Nov 25, 2025 - Dec 29, 2025	-1.41% Apr 30, 2026 - May 5, 2026
#8	-0.68% Dec 29, 2025 - Feb 12, 2026	-0.59% May 6, 2026 - May 8, 2026
#9	-0.67% Nov 4, 2024 - Nov 25, 2024	N/A
#10	-0.67% Oct 22, 2025 - Nov 21, 2025	N/A
#11	-0.65% Sep 10, 2025 - Oct 13, 2025	N/A
#12	-0.40% Feb 28, 2025 - Mar 10, 2025	N/A
#13	-0.39% Mar 10, 2025 - Mar 18, 2025	N/A
#14	-0.33% Aug 4, 2025 - Aug 22, 2025	N/A
#15	-0.22% Oct 16, 2025 - Oct 22, 2025	N/A

Correlation

Correlation between FPAS and GOU is -0.52 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.52

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