GLDN vs TSMZ

Comparison between NICHOLAS GOLD INCOME ETF (GLDN, ETF) and DIREXION DAILY TSM BEAR 1X SHARES (TSMZ, ETF).

GLDN vs TSMZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GLDN(ETF)	TSMZ(ETF)
Net Assets	$2.60M	$2.70M
Expense Ratio	1.07%	1.01%
Max Drawdown	99.00%	72.47%
Sharpe Ratio	1.02	-2.01
5Y Beta	1.87	-1.53

Net Assets

GLDN

$2.60M

Winner

TSMZ

$2.70M

Expense Ratio

GLDN

1.07%

Winner

TSMZ

1.01%

Max Drawdown

GLDN

99.00%

Winner

TSMZ

72.47%

Sharpe Ratio

Winner

GLDN

1.02

TSMZ

-2.01

5Y Beta

GLDN

1.87

Winner

TSMZ

-1.53

GLDN vs TSMZ - Historical Returns

Returns include dividend reinvestment.

Period	GLDN	TSMZ
1 month	-16.77%	-7.56%
3 months	-20.74%	-23.20%
6 months	N/A	-34.77%
1 year	N/A	-53.32%
5 years(CAGR)	+780.72%	N/A
10 years(CAGR)	+154.61%	N/A
Max(CAGR)	+127.51%	-46.24%

GLDN

-16.77%

Winner

TSMZ

-7.56%

Winner

GLDN

-20.74%

TSMZ

-23.20%

GLDN

N/A

TSMZ

-34.77%

GLDN

N/A

TSMZ

-53.32%

5Y(CAGR)

GLDN

+780.72%

TSMZ

N/A

10Y(CAGR)

GLDN

+154.61%

TSMZ

N/A

Max(CAGR)

Winner

GLDN

+127.51%

TSMZ

-46.24%

GLDN vs TSMZ - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	GLDN	TSMZ
2026	-22.09%	-28.36%
2025	N/A	-40.79%
2024	N/A	-11.20%
2020	-50.00%	N/A
2019	-16.67%	N/A
2018	+9.09%	N/A
2017	-26.67%	N/A
2016	-40.00%	N/A

GLDN vs TSMZ Drawdown Comparison

The maximum drawdown for GLDN was -99.00%, occurring on Sep 9, 2019. Recovery took 128 trading sessions.

The maximum drawdown for TSMZ was -71.59%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current GLDN drawdown is -28.85%. The current TSMZ drawdown is -70.30%.

Rank	GLDN	TSMZ
#1	-99.00% Sep 6, 2019 - Feb 18, 2026	-71.59% Apr 8, 2025 - Jun 2, 2026
#2	-84.85% Sep 30, 2016 - Sep 6, 2019	-22.49% Oct 3, 2024 - Mar 28, 2025
#3	-76.19% Apr 12, 2016 - Sep 30, 2016	-3.02% Mar 28, 2025 - Apr 3, 2025
#4	-75.00% Jan 6, 2016 - Apr 12, 2016	N/A
#5	-33.31% Mar 2, 2026 - Jun 10, 2026	N/A