IBHK vs SSPC

Comparison between ISHARES IBONDS 2031 TERM HIGH YIELD AND INCOME ETF (IBHK, ETF) and Leverage Shares 2X Short SPCX Daily ETF (SSPC, ETF).

IBHK vs SSPC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBHK(ETF)	SSPC(ETF)
Net Assets	$64M	$64M
Expense Ratio	0.35%	N/A
Max Drawdown	7.29%	21.52%
Sharpe Ratio	0.25	5.66
5Y Beta	0.24	-3.68

Net Assets

IBHK

$64M

SSPC

$64M

Expense Ratio

IBHK

0.35%

SSPC

N/A

Max Drawdown

Winner

IBHK

7.29%

SSPC

21.52%

Sharpe Ratio

IBHK

0.25

Winner

SSPC

5.66

5Y Beta

IBHK

0.24

Winner

SSPC

-3.68

IBHK vs SSPC - Historical Returns

Returns include dividend reinvestment.

Period	IBHK	SSPC
1 month	-0.54%	+57.34%
3 months	+0.19%	N/A
6 months	+0.62%	N/A
1 year	+4.84%	N/A
Max(CAGR)	+7.24%	+161160.98%

IBHK

-0.54%

Winner

SSPC

+57.34%

IBHK

+0.19%

SSPC

N/A

IBHK

+0.62%

SSPC

N/A

IBHK

+4.84%

SSPC

N/A

Max(CAGR)

IBHK

+7.24%

Winner

SSPC

+161160.98%

IBHK vs SSPC - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	IBHK	SSPC
2026	+1.48%	+115.63%
2025	+8.73%	N/A
2024	+5.06%	N/A

IBHK vs SSPC Drawdown Comparison

The maximum drawdown for IBHK was -4.83%, occurring on Apr 8, 2025. Recovery took 52 trading sessions.

The maximum drawdown for SSPC was -21.52%, occurring on Jun 30, 2026. Recovery took 7 trading sessions.

The current IBHK drawdown is -1.02%. The current SSPC drawdown is -5.05%.

Rank	IBHK	SSPC
#1	-4.83% Feb 26, 2025 - May 12, 2025	-21.52% Jun 26, 2026 - Jul 8, 2026
#2	-2.82% Feb 20, 2026 - Apr 14, 2026	-10.38% Jun 15, 2026 - Jun 18, 2026
#3	-1.98% Dec 11, 2024 - Jan 24, 2025	-5.71% Jul 20, 2026 - Jul 22, 2026
#4	-1.69% Sep 23, 2024 - Dec 6, 2024	-5.05% Jul 22, 2026 - Jul 23, 2026
#5	-1.42% Oct 1, 2025 - Oct 27, 2025	-4.42% Jul 8, 2026 - Jul 10, 2026
#6	-1.16% May 6, 2026 - May 26, 2026	-2.11% Jun 22, 2026 - Jun 24, 2026
#7	-1.15% Oct 27, 2025 - Nov 25, 2025	N/A
#8	-1.06% May 13, 2025 - May 29, 2025	N/A
#9	-1.02% Jul 7, 2026 - Jul 23, 2026	N/A
#10	-0.96% Jul 31, 2024 - Aug 13, 2024	N/A
#11	-0.87% Jul 3, 2025 - Aug 4, 2025	N/A
#12	-0.79% May 29, 2026 - Jun 15, 2026	N/A
#13	-0.70% May 24, 2024 - Jun 4, 2024	N/A
#14	-0.70% Apr 17, 2026 - May 6, 2026	N/A
#15	-0.68% Feb 5, 2025 - Feb 25, 2025	N/A

Correlation

Correlation between IBHK and SSPC is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101