HSMV vs UPSX

Comparison between FIRST TRUST HORIZON MANAGED VOLATILITY SMALL/MID ETF (HSMV, ETF) and TRADR 2X LONG UPST DAILY ETF (UPSX, ETF).

HSMV vs UPSX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HSMV(ETF)	UPSX(ETF)
Net Assets	$30M	$30M
Expense Ratio	0.80%	N/A
Max Drawdown	19.84%	95.01%
Sharpe Ratio	0.30	-0.74
5Y Beta	0.52	5.76
P/E Ratio	15.91	N/A
Forward P/E	14.75	N/A
5Y Dividends CAGR	27.74%	N/A
5Y EPS CAGR	7.29%	N/A
Debt to Equity	47.67%	N/A
P/S Ratio	1.56	N/A
P/B Ratio	1.71	N/A

Net Assets

HSMV

$30M

UPSX

$30M

Expense Ratio

HSMV

0.80%

UPSX

N/A

Max Drawdown

Winner

HSMV

19.84%

UPSX

95.01%

Sharpe Ratio

Winner

HSMV

0.30

UPSX

-0.74

5Y Beta

Winner

HSMV

0.52

UPSX

5.76

P/E Ratio

HSMV

15.91

UPSX

N/A

Forward P/E

HSMV

14.75

UPSX

N/A

5Y Dividends CAGR

HSMV

27.74%

UPSX

N/A

5Y EPS CAGR

HSMV

7.29%

UPSX

N/A

Debt to Equity

HSMV

47.67%

UPSX

N/A

P/S Ratio

HSMV

1.56

UPSX

N/A

P/B Ratio

HSMV

1.71

UPSX

N/A

HSMV vs UPSX - Historical Returns

Returns include dividend reinvestment.

Period	HSMV	UPSX
1 month	-1.11%	-15.48%
3 months	-1.10%	-8.77%
6 months	+5.36%	-71.48%
1 year	+6.55%	-86.80%
5 years(CAGR)	+4.01%	N/A
Max(CAGR)	+11.05%	-87.18%

Winner

HSMV

-1.11%

UPSX

-15.48%

Winner

HSMV

-1.10%

UPSX

-8.77%

Winner

HSMV

+5.36%

UPSX

-71.48%

Winner

HSMV

+6.55%

UPSX

-86.80%

5Y(CAGR)

HSMV

+4.01%

UPSX

N/A

Max(CAGR)

Winner

HSMV

+11.05%

UPSX

-87.18%

HSMV vs UPSX - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	HSMV	UPSX
2026	+4.50%	-69.27%
2025	+2.19%	-60.75%
2024	+13.29%	N/A
2023	+4.87%	N/A
2022	-9.51%	N/A
2021	+25.06%	N/A
2020	+34.69%	N/A

HSMV vs UPSX Drawdown Comparison

The maximum drawdown for HSMV was -19.16%, occurring on Sep 30, 2022. Recovery took 590 trading sessions.

The maximum drawdown for UPSX was -95.01%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current HSMV drawdown is -2.86%. The current UPSX drawdown is -93.37%.

Rank	HSMV	UPSX
#1	-19.16% Jan 4, 2022 - May 10, 2024	-95.01% Jul 23, 2025 - Mar 30, 2026
#2	-15.45% Nov 25, 2024 - Feb 6, 2026	-20.57% Jun 11, 2025 - Jun 18, 2025
#3	-9.48% Aug 12, 2020 - Nov 9, 2020	-12.45% Jul 10, 2025 - Jul 22, 2025
#4	-8.83% Jun 8, 2020 - Aug 7, 2020	-7.19% Jun 24, 2025 - Jul 1, 2025
#5	-8.59% Apr 29, 2020 - May 26, 2020	-3.70% Jun 18, 2025 - Jun 24, 2025
#6	-7.83% Mar 2, 2026 - Mar 20, 2026	-0.90% Jul 7, 2025 - Jul 9, 2025
#7	-6.87% Nov 15, 2021 - Dec 28, 2021	N/A
#8	-5.35% Jul 30, 2024 - Aug 23, 2024	N/A
#9	-4.86% Sep 2, 2021 - Oct 21, 2021	N/A
#10	-4.38% Apr 9, 2020 - Apr 27, 2020	N/A
#11	-4.35% Jun 11, 2021 - Aug 27, 2021	N/A
#12	-4.07% Jan 25, 2021 - Feb 5, 2021	N/A
#13	-3.93% Mar 15, 2021 - Apr 5, 2021	N/A
#14	-3.84% May 15, 2024 - Jul 11, 2024	N/A
#15	-3.79% May 7, 2021 - Jun 8, 2021	N/A

Correlation

Correlation between HSMV and UPSX is -0.63 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.63

-101