FPAS vs VSTL

Comparison between FPA SHORT DURATION GOVERNMENT ETF (FPAS, ETF) and DEFIANCE DAILY TARGET 2X LONG VST ETF (VSTL, ETF).

FPAS vs VSTL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FPAS(ETF)	VSTL(ETF)
Net Assets	$6.80M	$18M
Expense Ratio	0.10%	N/A
Max Drawdown	4.19%	71.42%
Sharpe Ratio	-0.21	-0.52
5Y Beta	-0.02	3.17

Net Assets

FPAS

$6.80M

Winner

VSTL

$18M

Expense Ratio

FPAS

0.10%

VSTL

N/A

Max Drawdown

Winner

FPAS

4.19%

VSTL

71.42%

Sharpe Ratio

Winner

FPAS

-0.21

VSTL

-0.52

5Y Beta

Winner

FPAS

-0.02

VSTL

3.17

FPAS vs VSTL - Historical Returns

Returns include dividend reinvestment.

Period	FPAS	VSTL
1 month	+0.02%	-2.91%
3 months	-0.40%	-23.55%
6 months	-0.06%	-40.15%
1 year	+2.81%	-58.03%
Max(CAGR)	+3.97%	-62.31%

Winner

FPAS

+0.02%

VSTL

-2.91%

Winner

FPAS

-0.40%

VSTL

-23.55%

Winner

FPAS

-0.06%

VSTL

-40.15%

Winner

FPAS

+2.81%

VSTL

-58.03%

Max(CAGR)

Winner

FPAS

+3.97%

VSTL

-62.31%

FPAS vs VSTL - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	FPAS	VSTL
2026	-0.33%	-35.47%
2025	+7.12%	-37.91%
2024	-0.02%	N/A

FPAS vs VSTL 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 VSTL was -71.42%, occurring on May 19, 2026. This drawdown has not yet recovered.

The current FPAS drawdown is -1.71%. The current VSTL drawdown is -66.84%.

Rank	FPAS	VSTL
#1	-2.47% Feb 27, 2026 - May 19, 2026	-71.42% Aug 4, 2025 - May 19, 2026
#2	-1.96% Dec 6, 2024 - Feb 24, 2025	-7.36% Jul 23, 2025 - Jul 30, 2025
#3	-1.86% Apr 4, 2025 - Apr 30, 2025	-0.63% Jul 31, 2025 - Aug 4, 2025
#4	-1.77% Apr 30, 2025 - Jun 25, 2025	N/A
#5	-1.73% Mar 18, 2025 - Apr 4, 2025	N/A
#6	-1.06% Jun 26, 2025 - Aug 1, 2025	N/A
#7	-0.81% Nov 25, 2025 - Dec 29, 2025	N/A
#8	-0.68% Dec 29, 2025 - Feb 12, 2026	N/A
#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 VSTL is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69

-101