HYSA vs SMST

Comparison between BONDBLOXX USD HIGH YIELD BOND SECTOR ROTATION ETF (HYSA, ETF) and DEFIANCE DAILY TARGET 2X SHORT MSTR ETF (SMST, ETF).

HYSA vs SMST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYSA(ETF)	SMST(ETF)
Net Assets	$31M	$31M
Expense Ratio	0.55%	N/A
Max Drawdown	6.74%	99.25%
Sharpe Ratio	0.55	1.13
5Y Beta	0.22	-4.76

Net Assets

HYSA

$31M

SMST

$31M

Expense Ratio

HYSA

0.55%

SMST

N/A

Max Drawdown

Winner

HYSA

6.74%

SMST

99.25%

Sharpe Ratio

HYSA

0.55

Winner

SMST

1.13

5Y Beta

HYSA

0.22

Winner

SMST

-4.76

HYSA vs SMST - Historical Returns

Returns include dividend reinvestment.

Period	HYSA	SMST
1 month	+0.97%	+89.52%
3 months	+2.50%	-19.62%
6 months	+1.86%	-35.85%
1 year	+6.50%	+67.45%
Max(CAGR)	+8.29%	-86.94%

HYSA

+0.97%

Winner

SMST

+89.52%

Winner

HYSA

+2.50%

SMST

-19.62%

Winner

HYSA

+1.86%

SMST

-35.85%

HYSA

+6.50%

Winner

SMST

+67.45%

Max(CAGR)

Winner

HYSA

+8.29%

SMST

-86.94%

HYSA vs SMST - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	HYSA	SMST
2026	+1.20%	-46.36%
2025	+7.59%	-39.90%
2024	+7.27%	-90.90%
2023	+5.97%	N/A

HYSA vs SMST Drawdown Comparison

The maximum drawdown for HYSA was -4.90%, occurring on Apr 8, 2025. Recovery took 64 trading sessions.

The maximum drawdown for SMST was -99.25%, occurring on Jul 16, 2025. This drawdown has not yet recovered.

The current HYSA drawdown is -0.10%. The current SMST drawdown is -98.04%.

Rank	HYSA	SMST
#1	-4.90% Feb 26, 2025 - May 29, 2025	-99.25% Sep 6, 2024 - Jul 16, 2025
#2	-3.29% Sep 18, 2023 - Nov 3, 2023	-18.07% Aug 22, 2024 - Sep 3, 2024
#3	-3.14% Feb 27, 2026 - May 28, 2026	-3.13% Sep 3, 2024 - Sep 5, 2024
#4	-2.68% Mar 25, 2024 - Jun 18, 2024	N/A
#5	-2.28% Dec 3, 2024 - Feb 25, 2025	N/A
#6	-1.65% Dec 27, 2023 - Feb 29, 2024	N/A
#7	-1.44% Nov 3, 2023 - Nov 21, 2023	N/A
#8	-1.33% Jul 31, 2024 - Aug 13, 2024	N/A
#9	-1.24% Oct 1, 2025 - Oct 24, 2025	N/A
#10	-1.20% Oct 28, 2025 - Nov 26, 2025	N/A
#11	-1.05% Aug 4, 2025 - Aug 27, 2025	N/A
#12	-1.02% Nov 25, 2024 - Dec 2, 2024	N/A
#13	-0.92% Jun 18, 2024 - Jul 5, 2024	N/A
#14	-0.89% Nov 11, 2024 - Nov 25, 2024	N/A
#15	-0.80% Mar 1, 2024 - Mar 20, 2024	N/A

Correlation

Correlation between HYSA and SMST is -0.53 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.53

-101