IONL vs BSMC

Comparison between GRANITESHARES 2X LONG IONQ DAILY ETF (IONL, ETF) and BRANDES U.S. SMALL-MID CAP VALUE ETF (BSMC, ETF).

IONL vs BSMC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IONL(ETF)	BSMC(ETF)
Net Assets	$159M	$159M
Expense Ratio	N/A	0.71%
Max Drawdown	93.41%	19.72%
Sharpe Ratio	0.91	1.37
5Y Beta	4.99	0.79
P/E Ratio	N/A	42.33
Forward P/E	N/A	12.18
5Y EPS CAGR	N/A	-1.40%
Debt to Equity	N/A	64.75%
P/S Ratio	N/A	0.71
P/B Ratio	N/A	1.65

Net Assets

IONL

$159M

Winner

BSMC

$159M

Expense Ratio

IONL

N/A

BSMC

0.71%

Max Drawdown

IONL

93.41%

Winner

BSMC

19.72%

Sharpe Ratio

IONL

0.91

Winner

BSMC

1.37

5Y Beta

IONL

4.99

Winner

BSMC

0.79

P/E Ratio

IONL

N/A

BSMC

42.33

Forward P/E

IONL

N/A

BSMC

12.18

5Y EPS CAGR

IONL

N/A

BSMC

-1.40%

Debt to Equity

IONL

N/A

BSMC

64.75%

P/S Ratio

IONL

N/A

BSMC

0.71

P/B Ratio

IONL

N/A

BSMC

1.65

IONL vs BSMC - Historical Returns

Returns include dividend reinvestment.

Period	IONL	BSMC
1 month	+44.25%	+0.24%
3 months	+129.71%	+3.29%
6 months	-22.09%	+12.27%
1 year	-9.19%	+23.01%
Max(CAGR)	+53.67%	+18.28%

Winner

IONL

+44.25%

BSMC

+0.24%

Winner

IONL

+129.71%

BSMC

+3.29%

IONL

-22.09%

Winner

BSMC

+12.27%

IONL

-9.19%

Winner

BSMC

+23.01%

Max(CAGR)

Winner

IONL

+53.67%

BSMC

+18.28%

IONL vs BSMC - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	IONL	BSMC
2026	+11.76%	+9.75%
2025	+38.57%	+16.18%
2024	N/A	+10.42%
2023	N/A	+11.69%

IONL vs BSMC Drawdown Comparison

The maximum drawdown for IONL was -93.41%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for BSMC was -19.14%, occurring on Apr 8, 2025. Recovery took 147 trading sessions.

The current IONL drawdown is -71.65%. The current BSMC drawdown is -1.12%.

Rank	IONL	BSMC
#1	-93.41% Oct 13, 2025 - Mar 30, 2026	-19.14% Nov 25, 2024 - Jul 1, 2025
#2	-49.40% May 27, 2025 - Sep 12, 2025	-9.02% Mar 2, 2026 - May 6, 2026
#3	-37.57% Mar 25, 2025 - Apr 24, 2025	-6.64% Jul 31, 2024 - Aug 29, 2024
#4	-33.63% Sep 23, 2025 - Oct 6, 2025	-5.98% Mar 28, 2024 - May 16, 2024
#5	-22.02% Oct 7, 2025 - Oct 13, 2025	-5.35% Oct 17, 2023 - Nov 14, 2023
#6	-10.92% May 2, 2025 - May 8, 2025	-4.99% Jul 10, 2025 - Aug 13, 2025
#7	-10.34% May 20, 2025 - May 22, 2025	-4.88% May 6, 2026 - May 15, 2026
#8	-9.84% Apr 25, 2025 - May 2, 2025	-4.66% Oct 24, 2025 - Nov 25, 2025
#9	-5.95% May 14, 2025 - May 16, 2025	-4.58% May 17, 2024 - Jul 16, 2024
#10	-4.23% May 8, 2025 - May 12, 2025	-4.16% Oct 3, 2025 - Oct 23, 2025
#11	-0.86% May 22, 2025 - May 27, 2025	-3.79% Nov 11, 2024 - Nov 25, 2024
#12	-0.05% May 16, 2025 - May 20, 2025	-3.68% Aug 30, 2024 - Sep 17, 2024
#13	N/A	-3.35% Dec 26, 2023 - Feb 15, 2024
#14	N/A	-3.26% Sep 30, 2024 - Nov 6, 2024
#15	N/A	-2.95% Sep 5, 2025 - Oct 3, 2025