MPL vs JOJO

Comparison between Defiance Daily Target 2X Long MP ETF (MPL, ETF) and ATAC CREDIT ROTATION ETF (JOJO, ETF).

MPL vs JOJO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MPL(ETF)	JOJO(ETF)
Net Assets	$5.80M	$5.90M
Expense Ratio	N/A	1.24%
Max Drawdown	46.81%	33.72%
Sharpe Ratio	-3.42	0.89
5Y Beta	6.65	0.09

Net Assets

MPL

$5.80M

Winner

JOJO

$5.90M

Expense Ratio

MPL

N/A

JOJO

1.24%

Max Drawdown

MPL

46.81%

Winner

JOJO

33.72%

Sharpe Ratio

MPL

-3.42

Winner

JOJO

0.89

5Y Beta

MPL

6.65

Winner

JOJO

0.09

MPL vs JOJO - Historical Returns

Returns include dividend reinvestment.

Period	MPL	JOJO
1 month	N/A	+0.63%
3 months	N/A	+1.17%
6 months	N/A	+3.21%
1 year	N/A	+9.83%
5 years(CAGR)	N/A	-0.52%
Max(CAGR)	-99.94%	-0.52%

MPL

N/A

JOJO

+0.63%

MPL

N/A

JOJO

+1.17%

MPL

N/A

JOJO

+3.21%

MPL

N/A

JOJO

+9.83%

5Y(CAGR)

MPL

N/A

JOJO

-0.52%

Max(CAGR)

MPL

-99.94%

Winner

JOJO

-0.52%

MPL vs JOJO - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	MPL	JOJO
2026	-29.47%	+2.70%
2025	N/A	+10.20%
2024	N/A	+3.21%
2023	N/A	+6.07%
2022	N/A	-20.36%
2021	N/A	-0.35%

MPL vs JOJO Drawdown Comparison

The maximum drawdown for MPL was -46.81%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The maximum drawdown for JOJO was -28.43%, occurring on Sep 27, 2022. This drawdown has not yet recovered.

The current MPL drawdown is -38.36%. The current JOJO drawdown is -5.54%.

Rank	MPL	JOJO
#1	-46.81% Jun 2, 2026 - Jun 10, 2026	-28.43% Nov 5, 2021 - Sep 27, 2022
#2	-8.36% May 26, 2026 - Jun 1, 2026	-3.31% Jul 19, 2021 - Oct 27, 2021
#3	N/A	-0.35% Oct 27, 2021 - Nov 3, 2021

Correlation

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

-1.00

-101