MULL vs CXSE

Comparison between GRANITESHARES 2X LONG MU DAILY ETF (MULL, ETF) and WISDOMTREE CHINA EX-STATE-OWNED ENTERPRISES FUND (CXSE, ETF).

MULL vs CXSE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MULL(ETF)	CXSE(ETF)
Net Assets	$490M	$489M
Expense Ratio	N/A	0.32%
Max Drawdown	72.29%	71.11%
Sharpe Ratio	2.82	-0.24
5Y Beta	4.94	0.68
P/E Ratio	20.37	N/A
Forward P/E	6.23	N/A
PEG Ratio	0.03	N/A
5Y Dividends CAGR	N/A	17.34%
5Y EPS CAGR	64.69%	N/A
Debt to Equity	0.58%	N/A
P/S Ratio	10.87	N/A
P/B Ratio	9.65	N/A

Net Assets

Winner

MULL

$490M

CXSE

$489M

Expense Ratio

MULL

N/A

CXSE

0.32%

Max Drawdown

MULL

72.29%

Winner

CXSE

71.11%

Sharpe Ratio

Winner

MULL

2.82

CXSE

-0.24

5Y Beta

MULL

4.94

Winner

CXSE

0.68

P/E Ratio

MULL

20.37

CXSE

N/A

Forward P/E

MULL

6.23

CXSE

N/A

PEG Ratio

MULL

0.03

CXSE

N/A

5Y Dividends CAGR

MULL

N/A

CXSE

17.34%

5Y EPS CAGR

MULL

64.69%

CXSE

N/A

Debt to Equity

MULL

0.58%

CXSE

N/A

P/S Ratio

MULL

10.87

CXSE

N/A

P/B Ratio

MULL

9.65

CXSE

N/A

MULL vs CXSE - Holdings Comparison

MULL and CXSE have 0 common holdings. Overlap is 0.00%

MULL's top 25 holdings weight is 65.49%. CXSE's top 25 holdings weight is 56.26%.

Rank	MULL	CXSE
#1	MICRON TECHNOLOGY INC (MU) - 65.49%	TENCENT HOLDINGS LTD (n/a) - 8.17%
#2	N/A	n/a (n/a) - 7.99%
#3	N/A	n/a (n/a) - 4.71%
#4	N/A	ZHONGJI INNOLIGHT CO LTD CLASS A (n/a) - 4.25%
#5	N/A	n/a (n/a) - 4.00%
#6	N/A	EOPTOLINK TECHNOLOGY INC LTD CLASS A (n/a) - 2.46%
#7	N/A	PDD HOLDINGS INC ADR (PDD) - 2.21%
#8	N/A	MEITUAN CLASS B (n/a) - 2.06%
#9	N/A	XIAOMI CORP CLASS B (n/a) - 1.96%
#10	N/A	MIDEA GROUP CO LTD CLASS A (n/a) - 1.70%
#11	N/A	NETEASE INC ORDINARY SHARES (n/a) - 1.50%
#12	N/A	JD.COM INC ORDINARY SHARES CLASS A (n/a) - 1.44%
#13	N/A	BYD CO LTD CLASS H (n/a) - 1.43%
#14	N/A	CAMBRICON TECHNOLOGIES CORP LTD CLASS A (n/a) - 1.40%
#15	N/A	WUXI APPTEC CO LTD CLASS A (n/a) - 1.31%
#16	N/A	n/a (n/a) - 1.20%
#17	N/A	EAST MONEY INFORMATION CO LTD CLASS A (n/a) - 1.13%
#18	N/A	n/a (n/a) - 1.09%
#19	N/A	BAIDU INC (n/a) - 1.01%
#20	N/A	TRIP.COM GROUP LTD (n/a) - 0.98%
#21	N/A	BYD CO LTD CLASS A (n/a) - 0.89%
#22	N/A	n/a (n/a) - 0.87%
#23	N/A	n/a (n/a) - 0.86%
#24	N/A	MONTAGE TECHNOLOGY CO LTD CLASS A (n/a) - 0.83%
#25	N/A	GIGADEVICE SEMICONDUCTOR INC CLASS A (n/a) - 0.81%
Total Holdings	1	263

MULL vs CXSE - Historical Returns

Returns include dividend reinvestment.

Period	MULL	CXSE
1 month	-6.34%	+1.55%
3 months	-21.46%	-5.48%
6 months	+176.75%	-6.20%
1 year	+2951.34%	-4.31%
5 years(CAGR)	N/A	-6.02%
10 years(CAGR)	N/A	+6.30%
Max(CAGR)	+499.54%	+5.74%

MULL

-6.34%

Winner

CXSE

+1.55%

MULL

-21.46%

Winner

CXSE

-5.48%

Winner

MULL

+176.75%

CXSE

-6.20%

Winner

MULL

+2951.34%

CXSE

-4.31%

5Y(CAGR)

MULL

N/A

CXSE

-6.02%

10Y(CAGR)

MULL

N/A

CXSE

+6.30%

Max(CAGR)

Winner

MULL

+499.54%

CXSE

+5.74%

MULL vs CXSE - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	MULL	CXSE
2026	+370.28%	-7.95%
2025	+566.08%	+39.36%
2024	-40.11%	+11.98%
2023	N/A	-20.35%
2022	N/A	-29.27%
2021	N/A	-24.40%
2020	N/A	+54.60%
2019	N/A	+39.98%
2018	N/A	-30.42%
2017	N/A	+85.13%
2016	N/A	+1.18%
2015	N/A	-0.86%
2014	N/A	+4.63%
2013	N/A	-2.55%
2012	N/A	+11.69%

MULL vs CXSE Drawdown Comparison

The maximum drawdown for MULL was -72.29%, occurring on Apr 4, 2025. Recovery took 180 trading sessions.

The maximum drawdown for CXSE was -70.01%, occurring on Feb 2, 2024. This drawdown has not yet recovered.

The current MULL drawdown is -52.53%. The current CXSE drawdown is -49.07%.

Rank	MULL	CXSE
#1	-72.29% Dec 17, 2024 - Sep 9, 2025	-70.01% Feb 17, 2021 - Feb 2, 2024
#2	-68.16% Jun 22, 2026 - Jul 29, 2026	-40.58% Apr 27, 2015 - May 8, 2017
#3	-53.09% Mar 18, 2026 - Apr 22, 2026	-37.85% Jan 26, 2018 - Jun 10, 2020
#4	-38.87% Nov 10, 2025 - Dec 10, 2025	-21.07% Jan 10, 2013 - Nov 18, 2013
#5	-37.74% Jun 3, 2026 - Jun 18, 2026	-14.44% Dec 6, 2013 - Jul 15, 2014
#6	-32.76% Feb 2, 2026 - Mar 17, 2026	-11.22% Sep 4, 2014 - Apr 1, 2015
#7	-29.21% May 13, 2026 - May 26, 2026	-9.77% Nov 21, 2017 - Jan 3, 2018
#8	-27.53% Dec 10, 2025 - Dec 22, 2025	-8.48% Sep 2, 2020 - Oct 9, 2020
#9	-15.36% Oct 8, 2025 - Oct 16, 2025	-6.93% Jan 25, 2021 - Feb 9, 2021
#10	-14.62% Nov 12, 2024 - Dec 16, 2024	-6.85% Nov 6, 2012 - Dec 10, 2012
#11	-14.53% Sep 18, 2025 - Oct 1, 2025	-5.56% Jul 9, 2020 - Aug 4, 2020
#12	-14.28% Nov 3, 2025 - Nov 5, 2025	-4.82% Nov 5, 2020 - Dec 18, 2020
#13	-9.76% Jan 29, 2026 - Feb 2, 2026	-4.42% Aug 5, 2020 - Aug 24, 2020
#14	-9.60% Jan 6, 2026 - Jan 9, 2026	-3.94% Apr 16, 2015 - Apr 23, 2015
#15	-8.33% Oct 20, 2025 - Oct 24, 2025	-3.91% Sep 20, 2017 - Oct 3, 2017

Correlation

Correlation between MULL and CXSE is 0.34 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.34

-101

Dividend Comparison (2013 - 2026)

MULL vs CXSE dividend yield comparison.

Year	MULL	CXSE
2026	0.00%	0.29%
2025	9.67%	1.95%
2024	0.00%	1.70%
2023	0.00%	1.71%
2022	0.00%	1.55%
2021	0.00%	0.86%
2020	0.00%	1.01%
2019	0.00%	1.92%
2018	0.00%	2.98%
2017	0.00%	2.48%
2016	0.00%	2.77%
2015	0.00%	5.01%
2014	0.00%	4.57%
2013	0.00%	5.50%