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MRAL vs INQQ

Comparison between GRANITESHARES 2X LONG MARA DAILY ETF (MRAL, ETF) and INQQ THE INDIA INTERNET ETF (INQQ, ETF).

MRAL vs INQQ - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
MRAL
$44M
INQQ
$44M
Expense Ratio
MRAL
N/A
INQQ
0.86%
Max Drawdown
MRAL
93.46%
Winner
INQQ
40.53%
Sharpe Ratio
Winner
MRAL
-0.10
INQQ
-0.89
5Y Beta
MRAL
4.77
Winner
INQQ
0.60

MRAL vs INQQ - Historical Returns

Returns include dividend reinvestment.

1M
MRAL
-23.67%
Winner
INQQ
+10.39%
3M
MRAL
-48.03%
Winner
INQQ
+14.15%
6M
Winner
MRAL
+26.92%
INQQ
+4.98%
1Y
MRAL
-77.85%
Winner
INQQ
-12.59%
5Y(CAGR)
MRAL
N/A
INQQ
-2.42%
Max(CAGR)
MRAL
-74.25%
Winner
INQQ
-2.42%

MRAL vs INQQ - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

YearMRALINQQ
2026-29.75%-6.14%
2025-83.75%-8.52%
2024N/A+19.60%
2023N/A+30.64%
2022N/A-34.73%

MRAL vs INQQ Drawdown Comparison

The maximum drawdown for MRAL was -93.46%, occurring on Feb 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for INQQ was -40.53%, occurring on Mar 28, 2023. Recovery took 592 trading sessions.

The current MRAL drawdown is -88.89%. The current INQQ drawdown is -16.78%.

RankMRALINQQ
#1-93.46%
Oct 15, 2025 - Feb 5, 2026
-40.53%
Apr 12, 2022 - Aug 21, 2024
#2-62.51%
Mar 7, 2025 - Jul 10, 2025
-32.44%
Dec 11, 2024 - Mar 30, 2026
#3-46.29%
Jul 17, 2025 - Oct 14, 2025
-8.57%
Sep 23, 2024 - Dec 6, 2024
#4-4.81%
Jul 14, 2025 - Jul 16, 2025
-1.30%
Aug 30, 2024 - Sep 9, 2024
#5N/A-1.12%
Aug 21, 2024 - Aug 30, 2024
#6N/A-0.64%
Apr 6, 2022 - Apr 12, 2022
#7N/A-0.48%
Sep 16, 2024 - Sep 19, 2024
#8N/A-0.15%
Dec 6, 2024 - Dec 11, 2024

Correlation

Correlation between MRAL and INQQ is 0.79 which considered as a strong positive correlation - the stocks tend to move together.

0.79
-101

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