MULL vs QLTA

Comparison between GRANITESHARES 2X LONG MU DAILY ETF (MULL, ETF) and ISHARES AAA - A RATED CORPORATE BOND ETF (QLTA, ETF).

MULL vs QLTA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MULL(ETF)	QLTA(ETF)
Net Assets	$1.50B	$1.60B
Expense Ratio	N/A	0.15%
Max Drawdown	72.29%	26.32%
Sharpe Ratio	3.02	-0.24
5Y Beta	4.88	0.10
P/E Ratio	20.21	N/A
Forward P/E	5.58	N/A
PEG Ratio	0.03	N/A
5Y Dividends CAGR	N/A	12.34%
5Y EPS CAGR	64.69%	N/A
Debt to Equity	0.58%	N/A
P/S Ratio	12.30	N/A
P/B Ratio	10.51	N/A

Net Assets

MULL

$1.50B

Winner

QLTA

$1.60B

Expense Ratio

MULL

N/A

QLTA

0.15%

Max Drawdown

MULL

72.29%

Winner

QLTA

26.32%

Sharpe Ratio

Winner

MULL

3.02

QLTA

-0.24

5Y Beta

MULL

4.88

Winner

QLTA

0.10

P/E Ratio

MULL

20.21

QLTA

N/A

Forward P/E

MULL

5.58

QLTA

N/A

PEG Ratio

MULL

0.03

QLTA

N/A

5Y Dividends CAGR

MULL

N/A

QLTA

12.34%

5Y EPS CAGR

MULL

64.69%

QLTA

N/A

Debt to Equity

MULL

0.58%

QLTA

N/A

P/S Ratio

MULL

12.30

QLTA

N/A

P/B Ratio

MULL

10.51

QLTA

N/A

MULL vs QLTA - Historical Returns

Returns include dividend reinvestment.

Period	MULL	QLTA
1 month	-19.40%	-1.60%
3 months	+206.30%	-1.46%
6 months	+277.08%	-1.43%
1 year	+3665.09%	+2.36%
5 years(CAGR)	N/A	-0.63%
10 years(CAGR)	N/A	+1.66%
Max(CAGR)	+616.23%	+2.40%

MULL

-19.40%

Winner

QLTA

-1.60%

Winner

MULL

+206.30%

QLTA

-1.46%

Winner

MULL

+277.08%

QLTA

-1.43%

Winner

MULL

+3665.09%

QLTA

+2.36%

5Y(CAGR)

MULL

N/A

QLTA

-0.63%

10Y(CAGR)

MULL

N/A

QLTA

+1.66%

Max(CAGR)

Winner

MULL

+616.23%

QLTA

+2.40%

MULL vs QLTA - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	MULL	QLTA
2026	+487.27%	-0.96%
2025	+512.98%	+7.38%
2024	-40.11%	+1.84%
2023	N/A	+6.96%
2022	N/A	-14.44%
2021	N/A	-1.97%
2020	N/A	+9.46%
2019	N/A	+12.41%
2018	N/A	-1.81%
2017	N/A	+5.55%
2016	N/A	+4.23%
2015	N/A	+0.13%
2014	N/A	+6.39%
2013	N/A	-2.60%
2012	N/A	+6.22%

MULL vs QLTA Drawdown Comparison

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

The maximum drawdown for QLTA was -22.28%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The current MULL drawdown is -40.72%. The current QLTA drawdown is -4.73%.

Rank	MULL	QLTA
#1	-72.29% Dec 17, 2024 - Sep 9, 2025	-22.28% Aug 6, 2020 - Oct 20, 2022
#2	-55.74% Jun 22, 2026 - Jul 17, 2026	-15.24% Mar 6, 2020 - May 29, 2020
#3	-53.09% Mar 18, 2026 - Apr 22, 2026	-7.06% May 2, 2013 - May 27, 2014
#4	-38.87% Nov 10, 2025 - Dec 10, 2025	-5.63% Jul 8, 2016 - Aug 23, 2017
#5	-37.74% Jun 3, 2026 - Jun 18, 2026	-4.40% Jan 30, 2015 - Mar 15, 2016
#6	-32.76% Feb 2, 2026 - Mar 17, 2026	-4.28% Dec 29, 2017 - Jan 31, 2019
#7	-29.21% May 13, 2026 - May 26, 2026	-2.71% Sep 4, 2019 - Dec 27, 2019
#8	-27.53% Dec 10, 2025 - Dec 22, 2025	-2.24% Jul 25, 2012 - Sep 24, 2012
#9	-15.36% Oct 8, 2025 - Oct 16, 2025	-2.20% Dec 6, 2012 - Apr 8, 2013
#10	-14.62% Nov 12, 2024 - Dec 16, 2024	-1.78% Feb 28, 2012 - May 1, 2012
#11	-14.53% Sep 18, 2025 - Oct 1, 2025	-1.70% Aug 27, 2014 - Oct 7, 2014
#12	-14.28% Nov 3, 2025 - Nov 5, 2025	-1.53% Oct 17, 2014 - Jan 2, 2015
#13	-9.76% Jan 29, 2026 - Feb 2, 2026	-1.43% May 5, 2016 - Jun 3, 2016
#14	-9.60% Jan 6, 2026 - Jan 9, 2026	-1.21% Jul 3, 2019 - Aug 1, 2019
#15	-8.33% Oct 20, 2025 - Oct 24, 2025	-1.06% Sep 7, 2017 - Dec 13, 2017

Correlation

Correlation between MULL and QLTA is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.51

-101

Dividend Comparison (2012 - 2026)

MULL vs QLTA dividend yield comparison.

Year	MULL	QLTA
2026	0.00%	2.33%
2025	0.39%	4.33%
2024	0.00%	4.11%
2023	0.00%	3.39%
2022	0.00%	2.79%
2021	0.00%	1.96%
2020	0.00%	2.31%
2019	0.00%	2.99%
2018	0.00%	3.09%
2017	0.00%	2.67%
2016	0.00%	2.59%
2015	0.00%	2.99%
2014	0.00%	2.32%
2013	0.00%	2.14%
2012	0.00%	1.94%