KMLI vs SPCQ

Comparison between KraneShares 2x Long MELI Daily ETF (KMLI, ETF) and Defiance Daily Target 2X Short SpaceX ETF (SPCQ, ETF).

KMLI vs SPCQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KMLI(ETF)	SPCQ(ETF)
Net Assets	$8.80M	$8.90M
Max Drawdown	75.82%	22.06%
Sharpe Ratio	-0.73	5.32
5Y Beta	2.33	-4.86

Net Assets

KMLI

$8.80M

Winner

SPCQ

$8.90M

Max Drawdown

KMLI

75.82%

Winner

SPCQ

22.06%

Sharpe Ratio

KMLI

-0.73

Winner

SPCQ

5.32

5Y Beta

KMLI

2.33

Winner

SPCQ

-4.86

KMLI vs SPCQ - Holdings Comparison

KMLI and SPCQ have 0 common holdings. Overlap is 0.00%

KMLI's top 25 holdings weight is 22.82%. SPCQ's top 25 holdings weight is 11.47%.

Rank	KMLI	SPCQ
#1	MERCADOLIBRE INC (MELI) - 22.82%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 11.47%
#2	N/A	N/A
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	1

KMLI vs SPCQ - Historical Returns

Returns include dividend reinvestment.

Period	KMLI	SPCQ
1 month	+29.39%	+39.88%
3 months	-10.72%	N/A
6 months	-33.01%	N/A
1 year	-56.50%	N/A
Max(CAGR)	-53.49%	+85716.89%

KMLI

+29.39%

Winner

SPCQ

+39.88%

KMLI

-10.72%

SPCQ

N/A

KMLI

-33.01%

SPCQ

N/A

KMLI

-56.50%

SPCQ

N/A

Max(CAGR)

KMLI

-53.49%

Winner

SPCQ

+85716.89%

KMLI vs SPCQ - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	KMLI	SPCQ
2026	-28.09%	+94.60%
2025	-37.96%	N/A

KMLI vs SPCQ Drawdown Comparison

The maximum drawdown for KMLI was -73.22%, occurring on May 15, 2026. This drawdown has not yet recovered.

The maximum drawdown for SPCQ was -22.06%, occurring on Jun 30, 2026. Recovery took 9 trading sessions.

The current KMLI drawdown is -64.41%. The current SPCQ drawdown is -5.78%.

Rank	KMLI	SPCQ
#1	-73.22% Jun 30, 2025 - May 15, 2026	-22.06% Jun 26, 2026 - Jul 10, 2026
#2	-5.01% Jun 16, 2025 - Jun 24, 2025	-10.88% Jun 15, 2026 - Jun 18, 2026
#3	N/A	-5.78% Jul 20, 2026 - Jul 21, 2026
#4	N/A	-1.65% Jun 22, 2026 - Jun 24, 2026