HIMZ vs SHDG

Comparison between DEFIANCE DAILY TARGET 2X LONG HIMS ETF (HIMZ, ETF) and SOUNDWATCH HEDGED EQUITY ETF (SHDG, ETF).

HIMZ vs SHDG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIMZ(ETF)	SHDG(ETF)
Net Assets	$164M	$164M
Expense Ratio	N/A	0.91%
Max Drawdown	98.22%	15.84%
Sharpe Ratio	-0.45	1.03
5Y Beta	4.14	0.67

Net Assets

HIMZ

$164M

Winner

SHDG

$164M

Expense Ratio

HIMZ

N/A

SHDG

0.91%

Max Drawdown

HIMZ

98.22%

Winner

SHDG

15.84%

Sharpe Ratio

HIMZ

-0.45

Winner

SHDG

1.03

5Y Beta

HIMZ

4.14

Winner

SHDG

0.67

HIMZ vs SHDG - Holdings Comparison

HIMZ and SHDG have 1 common holdings. Overlap is 0.73%

HIMZ's top 25 holdings weight is 0.73%. SHDG's top 25 holdings weight is 108.58%.

Rank	HIMZ	SHDG
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.73%	ISHARES CORE S&P 500 ETF (IVV) - 106.74%
#2	N/A	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 1.84%
#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	2

HIMZ vs SHDG - Historical Returns

Returns include dividend reinvestment.

Period	HIMZ	SHDG
1 month	-10.38%	+0.92%
3 months	+89.32%	+0.55%
6 months	-75.40%	+0.62%
1 year	-93.74%	+12.31%
Max(CAGR)	-81.13%	+14.33%

HIMZ

-10.38%

Winner

SHDG

+0.92%

Winner

HIMZ

+89.32%

SHDG

+0.55%

HIMZ

-75.40%

Winner

SHDG

+0.62%

HIMZ

-93.74%

Winner

SHDG

+12.31%

Max(CAGR)

HIMZ

-81.13%

Winner

SHDG

+14.33%

HIMZ vs SHDG - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	HIMZ	SHDG
2026	-65.04%	+0.54%
2025	-65.16%	+11.41%
2024	N/A	+20.29%
2023	N/A	+18.35%
2022	N/A	+2.56%

HIMZ vs SHDG Drawdown Comparison

The maximum drawdown for HIMZ was -98.17%, occurring on Feb 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for SHDG was -15.82%, occurring on Apr 8, 2025. Recovery took 105 trading sessions.

The current HIMZ drawdown is -95.98%. The current SHDG drawdown is -0.99%.

Rank	HIMZ	SHDG
#1	-98.17% May 16, 2025 - Feb 27, 2026	-15.82% Feb 19, 2025 - Jul 22, 2025
#2	-58.78% Mar 24, 2025 - May 5, 2025	-8.69% Jul 31, 2023 - Dec 12, 2023
#3	-17.87% Mar 17, 2025 - Mar 24, 2025	-6.62% Feb 2, 2026 - Mar 30, 2026
#4	-16.56% May 13, 2025 - May 16, 2025	-6.49% Jul 16, 2024 - Aug 30, 2024
#5	-4.01% May 7, 2025 - May 12, 2025	-4.63% Feb 15, 2023 - Mar 31, 2023
#6	N/A	-4.42% Dec 1, 2022 - Jan 26, 2023
#7	N/A	-3.98% Mar 27, 2024 - May 15, 2024
#8	N/A	-3.75% Aug 30, 2024 - Sep 19, 2024
#9	N/A	-3.53% Dec 16, 2024 - Feb 13, 2025
#10	N/A	-3.29% Oct 27, 2025 - Nov 28, 2025
#11	N/A	-2.51% Oct 28, 2022 - Nov 10, 2022
#12	N/A	-2.33% Dec 11, 2025 - Dec 23, 2025
#13	N/A	-1.94% Oct 8, 2025 - Oct 21, 2025
#14	N/A	-1.94% May 1, 2023 - May 18, 2023
#15	N/A	-1.90% Oct 18, 2024 - Nov 6, 2024

Correlation

Correlation between HIMZ and SHDG is -0.59 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.59

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