NBIZ vs RCLR

Comparison between Tradr 2X Short NBIS Daily ETF (NBIZ, ETF) and RECKONER BBB-B CLO REINVESTING ETF (RCLR, ETF).

NBIZ vs RCLR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBIZ(ETF)	RCLR(ETF)
Net Assets	$15M	$15M
Expense Ratio	N/A	0.60%
Max Drawdown	97.84%	3.77%
Sharpe Ratio	-2.67	-0.36
5Y Beta	-6.87	0.04

Net Assets

NBIZ

$15M

Winner

RCLR

$15M

Expense Ratio

NBIZ

N/A

RCLR

0.60%

Max Drawdown

NBIZ

97.84%

Winner

RCLR

3.77%

Sharpe Ratio

NBIZ

-2.67

Winner

RCLR

-0.36

5Y Beta

Winner

NBIZ

-6.87

RCLR

0.04

NBIZ vs RCLR - Historical Returns

Returns include dividend reinvestment.

Period	NBIZ	RCLR
1 month	-60.45%	+0.35%
3 months	-93.48%	+4.47%
Max(CAGR)	-99.98%	+1.98%

NBIZ

-60.45%

Winner

RCLR

+0.35%

NBIZ

-93.48%

Winner

RCLR

+4.47%

Max(CAGR)

NBIZ

-99.98%

Winner

RCLR

+1.98%

NBIZ vs RCLR - Annual Returns (2026 - 2026)

Returns include dividend reinvestment.

Year	NBIZ	RCLR
2026	-95.64%	+0.61%

NBIZ vs RCLR Drawdown Comparison

The maximum drawdown for NBIZ was -97.84%, occurring on Jun 1, 2026. This drawdown has not yet recovered.

The maximum drawdown for RCLR was -3.77%, occurring on Mar 4, 2026. Recovery took 52 trading sessions.

The current NBIZ drawdown is -97.16%. The current RCLR drawdown is -0.17%.

Rank	NBIZ	RCLR
#1	-97.84% Feb 5, 2026 - Jun 1, 2026	-3.77% Feb 11, 2026 - Apr 28, 2026
#2	-18.86% Jan 26, 2026 - Jan 30, 2026	-0.45% May 8, 2026 - May 19, 2026
#3	-10.70% Jan 30, 2026 - Feb 4, 2026	-0.10% May 4, 2026 - May 6, 2026

Correlation

Correlation between NBIZ and RCLR is -0.96 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.96

-101