NDIA vs LUNL

Comparison between GLOBAL X INDIA ACTIVE ETF (NDIA, ETF) and Defiance Daily Target 2X Long LUNR ETF (LUNL, ETF).

NDIA vs LUNL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NDIA(ETF)	LUNL(ETF)
Net Assets	$60M	$60M
Expense Ratio	0.75%	N/A
Max Drawdown	25.61%	72.46%
Sharpe Ratio	-0.99	1.28
5Y Beta	0.52	7.38

Net Assets

NDIA

$60M

Winner

LUNL

$60M

Expense Ratio

NDIA

0.75%

LUNL

N/A

Max Drawdown

Winner

NDIA

25.61%

LUNL

72.46%

Sharpe Ratio

NDIA

-0.99

Winner

LUNL

1.28

5Y Beta

Winner

NDIA

0.52

LUNL

7.38

NDIA vs LUNL - Holdings Comparison

NDIA and LUNL have 0 common holdings. Overlap is 0.00%

NDIA's top 25 holdings weight is 90.61%. LUNL's top 25 holdings weight is 0.25%.

Rank	NDIA	LUNL
#1	HDFC BANK LTD (n/a) - 7.78%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.25%
#2	ICICI BANK LTD ADR (IBN) - 7.28%	N/A
#3	RELIANCE INDUSTRIES LTD GDR 144A (RLNIY) - 7.28%	N/A
#4	AXIS BANK LTD (n/a) - 5.54%	N/A
#5	BHARTI AIRTEL LTD (n/a) - 5.40%	N/A
#6	LARSEN & TOUBRO LTD (n/a) - 4.47%	N/A
#7	APOLLO HOSPITALS ENTERPRISE LTD (n/a) - 4.30%	N/A
#8	INFOSYS LTD ADR (INFY) - 4.12%	N/A
#9	ULTRATECH CEMENT LTD (n/a) - 4.00%	N/A
#10	UNITED SPIRITS LTD (n/a) - 3.37%	N/A
#11	NTPC LTD (n/a) - 3.35%	N/A
#12	TITAN CO LTD (n/a) - 3.34%	N/A
#13	TATA CONSULTANCY SERVICES LTD (n/a) - 3.26%	N/A
#14	STEEL AUTHORITY OF INDIA LTD (n/a) - 3.21%	N/A
#15	SBI LIFE INSURANCE CO LTD (n/a) - 2.51%	N/A
#16	AVENUE SUPERMARTS LTD (n/a) - 2.51%	N/A
#17	PRESTIGE ESTATES PROJECTS LTD (n/a) - 2.50%	N/A
#18	THE FEDERAL BANK LTD (n/a) - 2.16%	N/A
#19	ETERNAL LTD (n/a) - 2.08%	N/A
#20	INTERGLOBE AVIATION LTD (n/a) - 2.07%	N/A
#21	EICHER MOTORS LTD (n/a) - 2.06%	N/A
#22	SHRIRAM FINANCE LTD (n/a) - 2.05%	N/A
#23	BHARAT PETROLEUM CORP LTD (n/a) - 2.02%	N/A
#24	HINDUSTAN AERONAUTICS LTD ORDINARY SHARES (n/a) - 1.98%	N/A
#25	ADANI PORTS & SPECIAL ECONOMIC ZONE LTD (n/a) - 1.97%	N/A
Total Holdings	32	1

NDIA vs LUNL - Historical Returns

Returns include dividend reinvestment.

Period	NDIA	LUNL
1 month	+1.41%	-53.40%
3 months	+0.04%	+25.76%
6 months	-9.03%	-9.73%
1 year	-10.15%	N/A
Max(CAGR)	+4.23%	-21.68%

Winner

NDIA

+1.41%

LUNL

-53.40%

NDIA

+0.04%

Winner

LUNL

+25.76%

Winner

NDIA

-9.03%

LUNL

-9.73%

NDIA

-10.15%

LUNL

N/A

Max(CAGR)

Winner

NDIA

+4.23%

LUNL

-21.68%

NDIA vs LUNL - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	NDIA	LUNL
2026	-10.69%	-9.73%
2025	+3.11%	N/A
2024	+6.35%	N/A
2023	+12.71%	N/A

NDIA vs LUNL Drawdown Comparison

The maximum drawdown for NDIA was -22.04%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for LUNL was -72.46%, occurring on Jun 15, 2026. This drawdown has not yet recovered.

The current NDIA drawdown is -16.75%. The current LUNL drawdown is -72.46%.

Rank	NDIA	LUNL
#1	-22.04% Sep 23, 2024 - Mar 30, 2026	-72.46% May 28, 2026 - Jun 15, 2026
#2	-5.85% Sep 14, 2023 - Nov 28, 2023	-64.22% Jan 28, 2026 - Apr 22, 2026
#3	-5.35% Jun 3, 2024 - Jun 12, 2024	-37.86% Apr 22, 2026 - May 11, 2026
#4	-4.54% Jul 31, 2024 - Aug 30, 2024	-29.98% Jan 16, 2026 - Jan 28, 2026
#5	-3.96% Mar 7, 2024 - May 23, 2024	-22.22% May 14, 2026 - May 22, 2026
#6	-2.87% Dec 19, 2023 - Dec 27, 2023	-17.48% May 22, 2026 - May 27, 2026
#7	-2.62% Jan 12, 2024 - Jan 29, 2024	-2.54% Jan 14, 2026 - Jan 16, 2026
#8	-2.12% May 24, 2024 - Jun 3, 2024	-1.71% May 11, 2026 - May 13, 2026
#9	-1.97% Feb 6, 2024 - Feb 16, 2024	N/A
#10	-1.81% Sep 4, 2024 - Sep 12, 2024	N/A
#11	-1.65% Jul 16, 2024 - Jul 26, 2024	N/A
#12	-1.29% Jan 29, 2024 - Feb 6, 2024	N/A
#13	-1.23% Feb 23, 2024 - Mar 1, 2024	N/A
#14	-1.20% Dec 28, 2023 - Jan 5, 2024	N/A
#15	-1.11% Aug 23, 2023 - Sep 5, 2023	N/A

Correlation

Correlation between NDIA and LUNL is -0.32 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.32

-101