IBX vs TSMZ

Comparison between Tradr 2X Long IBM Daily ETF (IBX, ETF) and DIREXION DAILY TSM BEAR 1X SHARES (TSMZ, ETF).

IBX vs TSMZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBX(ETF)	TSMZ(ETF)
Net Assets	$2.70M	$2.70M
Expense Ratio	N/A	1.01%
Max Drawdown	30.07%	72.47%
Sharpe Ratio	1.64	-2.13
5Y Beta	1.61	-1.52

Net Assets

IBX

$2.70M

TSMZ

$2.70M

Expense Ratio

IBX

N/A

TSMZ

1.01%

Max Drawdown

Winner

IBX

30.07%

TSMZ

72.47%

Sharpe Ratio

Winner

IBX

1.64

TSMZ

-2.13

5Y Beta

IBX

1.61

Winner

TSMZ

-1.52

IBX vs TSMZ - Historical Returns

Returns include dividend reinvestment.

Period	IBX	TSMZ
1 month	+47.74%	-6.52%
3 months	N/A	-18.04%
6 months	N/A	-33.04%
1 year	N/A	-54.92%
Max(CAGR)	+280.85%	-45.91%

Winner

IBX

+47.74%

TSMZ

-6.52%

IBX

N/A

TSMZ

-18.04%

IBX

N/A

TSMZ

-33.04%

IBX

N/A

TSMZ

-54.92%

Max(CAGR)

Winner

IBX

+280.85%

TSMZ

-45.91%

IBX vs TSMZ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	IBX	TSMZ
2026	+30.64%	-26.75%
2025	N/A	-40.79%
2024	N/A	-11.20%

IBX vs TSMZ Drawdown Comparison

The maximum drawdown for IBX was -30.07%, occurring on May 13, 2026. Recovery took 26 trading sessions.

The maximum drawdown for TSMZ was -71.59%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current IBX drawdown is -26.24%. The current TSMZ drawdown is -69.64%.

Rank	IBX	TSMZ
#1	-30.07% Apr 21, 2026 - May 28, 2026	-71.59% Apr 8, 2025 - Jun 2, 2026
#2	-26.24% Jun 2, 2026 - Jun 5, 2026	-22.49% Oct 3, 2024 - Mar 28, 2025
#3	-13.89% Apr 2, 2026 - Apr 16, 2026	-3.02% Mar 28, 2025 - Apr 3, 2025
#4	-4.63% Mar 26, 2026 - Apr 1, 2026	N/A
#5	-0.38% Apr 17, 2026 - Apr 21, 2026	N/A

Correlation

Correlation between IBX and TSMZ is -0.62 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.62

-101