LTAX vs SIJ

Comparison between Nomura TaxFree USA ETF (LTAX, ETF) and ProShares UltraShort Industrials -2x Shares (SIJ, ETF).

LTAX vs SIJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LTAX(ETF)	SIJ(ETF)
Net Assets	$6.20M	$6.20M
Expense Ratio	0.39%	N/A
Max Drawdown	3.49%	99.96%
Sharpe Ratio	0.06	-1.14
5Y Beta	0.16	-1.79

Net Assets

LTAX

$6.20M

SIJ

$6.20M

Expense Ratio

LTAX

0.39%

SIJ

N/A

Max Drawdown

Winner

LTAX

3.49%

SIJ

99.96%

Sharpe Ratio

Winner

LTAX

0.06

SIJ

-1.14

5Y Beta

LTAX

0.16

Winner

SIJ

-1.79

LTAX vs SIJ - Historical Returns

Returns include dividend reinvestment.

Period	LTAX	SIJ
1 month	+0.82%	-2.06%
3 months	+1.01%	-4.02%
6 months	N/A	-22.34%
1 year	N/A	-31.49%
5 years(CAGR)	N/A	-18.53%
10 years(CAGR)	N/A	-27.63%
Max(CAGR)	+3.92%	-27.03%

Winner

LTAX

+0.82%

SIJ

-2.06%

Winner

LTAX

+1.01%

SIJ

-4.02%

LTAX

N/A

SIJ

-22.34%

LTAX

N/A

SIJ

-31.49%

5Y(CAGR)

LTAX

N/A

SIJ

-18.53%

10Y(CAGR)

LTAX

N/A

SIJ

-27.63%

Max(CAGR)

Winner

LTAX

+3.92%

SIJ

-27.03%

LTAX vs SIJ - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	LTAX	SIJ
2026	+1.52%	-18.72%
2025	N/A	-29.83%
2024	N/A	-23.11%
2023	N/A	-23.66%
2022	N/A	+16.80%
2021	N/A	-37.10%
2020	N/A	-53.10%
2019	N/A	-44.49%
2018	N/A	+21.87%
2017	N/A	-35.61%
2016	N/A	-36.79%
2015	N/A	-4.71%
2014	N/A	-19.44%
2013	N/A	-49.46%
2012	N/A	-31.20%
2011	N/A	-19.08%
2010	N/A	-44.45%
2009	N/A	-52.04%
2008	N/A	+66.88%
2007	N/A	-13.32%

LTAX vs SIJ Drawdown Comparison

The maximum drawdown for LTAX was -3.18%, occurring on Mar 24, 2026. Recovery took 64 trading sessions.

The maximum drawdown for SIJ was -99.93%, occurring on Mar 2, 2026. This drawdown has not yet recovered.

The current LTAX drawdown is -0.38%. The current SIJ drawdown is -99.92%.

Rank	LTAX	SIJ
#1	-3.18% Feb 26, 2026 - May 29, 2026	-99.93% Mar 9, 2009 - Mar 2, 2026
#2	-0.78% Jan 14, 2026 - Feb 5, 2026	-48.98% Nov 20, 2008 - Mar 2, 2009
#3	-0.38% Jun 4, 2026 - Jun 5, 2026	-34.22% Oct 27, 2008 - Nov 19, 2008
#4	-0.27% Feb 10, 2026 - Feb 12, 2026	-28.07% Mar 13, 2007 - Jan 17, 2008
#5	-0.27% Feb 5, 2026 - Feb 9, 2026	-27.69% Jan 17, 2008 - Sep 17, 2008
#6	-0.21% Jun 2, 2026 - Jun 4, 2026	-18.57% Oct 9, 2008 - Oct 15, 2008
#7	-0.19% Feb 24, 2026 - Feb 26, 2026	-14.39% Sep 17, 2008 - Sep 29, 2008
#8	-0.01% Feb 13, 2026 - Feb 18, 2026	-11.90% Oct 15, 2008 - Oct 22, 2008
#9	-0.00% Feb 19, 2026 - Feb 24, 2026	-5.47% Sep 29, 2008 - Oct 2, 2008
#10	N/A	-5.17% Mar 3, 2009 - Mar 5, 2009
#11	N/A	-4.78% Feb 9, 2007 - Feb 27, 2007
#12	N/A	-4.20% Mar 5, 2007 - Mar 13, 2007
#13	N/A	-1.28% Feb 27, 2007 - Mar 2, 2007
#14	N/A	-0.55% Feb 1, 2007 - Feb 9, 2007

Correlation

Correlation between LTAX and SIJ is -0.95 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.95

-101