MLDR vs SPCQ

Comparison between GLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF (MLDR, ETF) and Defiance Daily Target 2X Short SpaceX ETF (SPCQ, ETF).

MLDR vs SPCQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MLDR(ETF)	SPCQ(ETF)
Net Assets	$8.80M	$8.90M
Expense Ratio	0.12%	N/A
Max Drawdown	5.59%	22.06%
Sharpe Ratio	-0.38	5.32
5Y Beta	-0.01	-4.86

Net Assets

MLDR

$8.80M

Winner

SPCQ

$8.90M

Expense Ratio

MLDR

0.12%

SPCQ

N/A

Max Drawdown

Winner

MLDR

5.59%

SPCQ

22.06%

Sharpe Ratio

MLDR

-0.38

Winner

SPCQ

5.32

5Y Beta

MLDR

-0.01

Winner

SPCQ

-4.86

MLDR vs SPCQ - Historical Returns

Returns include dividend reinvestment.

Period	MLDR	SPCQ
1 month	-0.15%	+39.88%
3 months	-0.96%	N/A
6 months	-0.69%	N/A
1 year	+2.03%	N/A
Max(CAGR)	+1.29%	+85716.89%

MLDR

-0.15%

Winner

SPCQ

+39.88%

MLDR

-0.96%

SPCQ

N/A

MLDR

-0.69%

SPCQ

N/A

MLDR

+2.03%

SPCQ

N/A

Max(CAGR)

MLDR

+1.29%

Winner

SPCQ

+85716.89%

MLDR vs SPCQ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	MLDR	SPCQ
2026	-0.91%	+94.60%
2025	+7.16%	N/A
2024	-3.57%	N/A

MLDR vs SPCQ Drawdown Comparison

The maximum drawdown for MLDR was -4.56%, occurring on Jan 13, 2025. Recovery took 137 trading sessions.

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

The current MLDR drawdown is -2.56%. The current SPCQ drawdown is -5.78%.

Rank	MLDR	SPCQ
#1	-4.56% Sep 16, 2024 - Apr 3, 2025	-22.06% Jun 26, 2026 - Jul 10, 2026
#2	-3.25% Feb 27, 2026 - May 19, 2026	-10.88% Jun 15, 2026 - Jun 18, 2026
#3	-2.45% Apr 4, 2025 - Jun 26, 2025	-5.78% Jul 20, 2026 - Jul 21, 2026
#4	-1.20% Jun 30, 2025 - Aug 1, 2025	-1.65% Jun 22, 2026 - Jun 24, 2026
#5	-0.91% Oct 22, 2025 - Nov 24, 2025	N/A
#6	-0.88% Nov 26, 2025 - Feb 10, 2026	N/A
#7	-0.78% Sep 16, 2025 - Oct 10, 2025	N/A
#8	-0.43% Aug 4, 2025 - Aug 22, 2025	N/A
#9	-0.25% Sep 10, 2024 - Sep 16, 2024	N/A
#10	-0.24% Aug 29, 2025 - Sep 3, 2025	N/A
#11	-0.20% Sep 8, 2025 - Sep 11, 2025	N/A
#12	-0.20% Feb 13, 2026 - Feb 23, 2026	N/A
#13	-0.19% Feb 10, 2026 - Feb 12, 2026	N/A
#14	-0.17% Jun 26, 2025 - Jun 30, 2025	N/A
#15	-0.17% Sep 11, 2025 - Sep 16, 2025	N/A

Correlation

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

-1.00

-101