GMMA vs APLZ

Comparison between GAMMAROAD MARKET NAVIGATION ETF (GMMA, ETF) and Tradr 2X Short APLD Daily ETF (APLZ, ETF).

GMMA vs APLZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GMMA(ETF)	APLZ(ETF)
Net Assets	$6.50M	$6.60M
Expense Ratio	0.75%	N/A
Max Drawdown	5.74%	91.78%
Sharpe Ratio	0.87	-1.13
5Y Beta	0.25	-9.40

Net Assets

GMMA

$6.50M

Winner

APLZ

$6.60M

Expense Ratio

GMMA

0.75%

APLZ

N/A

Max Drawdown

Winner

GMMA

5.74%

APLZ

91.78%

Sharpe Ratio

Winner

GMMA

0.87

APLZ

-1.13

5Y Beta

GMMA

0.25

Winner

APLZ

-9.40

GMMA vs APLZ - Historical Returns

Returns include dividend reinvestment.

Period	GMMA	APLZ
1 month	+0.28%	-27.12%
3 months	+2.14%	-83.85%
6 months	+2.58%	N/A
1 year	+9.09%	N/A
Max(CAGR)	+6.84%	-99.57%

Winner

GMMA

+0.28%

APLZ

-27.12%

Winner

GMMA

+2.14%

APLZ

-83.85%

GMMA

+2.58%

APLZ

N/A

GMMA

+9.09%

APLZ

N/A

Max(CAGR)

Winner

GMMA

+6.84%

APLZ

-99.57%

GMMA vs APLZ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	GMMA	APLZ
2026	+2.42%	-87.83%
2025	+9.24%	N/A
2024	+0.50%	N/A

GMMA vs APLZ Drawdown Comparison

The maximum drawdown for GMMA was -5.21%, occurring on Jan 10, 2025. Recovery took 29 trading sessions.

The maximum drawdown for APLZ was -91.78%, occurring on May 28, 2026. This drawdown has not yet recovered.

The current GMMA drawdown is -1.56%. The current APLZ drawdown is -89.88%.

Rank	GMMA	APLZ
#1	-5.21% Dec 6, 2024 - Jan 22, 2025	-91.78% Feb 5, 2026 - May 28, 2026
#2	-5.21% Jan 23, 2025 - Jul 24, 2025	-36.05% Jan 22, 2026 - Feb 5, 2026
#3	-3.39% Jan 28, 2026 - May 6, 2026	N/A
#4	-2.89% Jun 2, 2026 - Jun 10, 2026	N/A
#5	-1.66% Oct 28, 2025 - Dec 5, 2025	N/A
#6	-1.62% Jan 12, 2026 - Jan 28, 2026	N/A
#7	-1.54% Jul 25, 2025 - Aug 8, 2025	N/A
#8	-1.47% Nov 8, 2024 - Nov 26, 2024	N/A
#9	-1.37% Dec 11, 2025 - Dec 23, 2025	N/A
#10	-1.36% May 14, 2026 - May 26, 2026	N/A
#11	-1.00% Aug 14, 2025 - Aug 27, 2025	N/A
#12	-0.91% Oct 8, 2025 - Oct 23, 2025	N/A
#13	-0.91% Oct 21, 2024 - Nov 6, 2024	N/A
#14	-0.87% Aug 28, 2025 - Sep 11, 2025	N/A
#15	-0.49% Sep 22, 2025 - Oct 1, 2025	N/A

Correlation

Correlation between GMMA and APLZ is -0.67 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.67

-101