NOWL vs CPAG

Comparison between GRANITESHARES 2X LONG NOW DAILY ETF (NOWL, ETF) and Fm Compoundr U.S. Aggregate Bond ETF (CPAG, ETF).

NOWL vs CPAG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOWL(ETF)	CPAG(ETF)
Net Assets	$282M	$282M
Expense Ratio	N/A	0.31%
Max Drawdown	86.57%	2.78%
Sharpe Ratio	-1.25	-0.20
5Y Beta	1.49	0.12

Net Assets

NOWL

$282M

Winner

CPAG

$282M

Expense Ratio

NOWL

N/A

CPAG

0.31%

Max Drawdown

NOWL

86.57%

Winner

CPAG

2.78%

Sharpe Ratio

NOWL

-1.25

Winner

CPAG

-0.20

5Y Beta

NOWL

1.49

Winner

CPAG

0.12

NOWL vs CPAG - Historical Returns

Returns include dividend reinvestment.

Period	NOWL	CPAG
1 month	+21.79%	+0.32%
3 months	-32.81%	+0.39%
6 months	-74.79%	+0.51%
1 year	-80.95%	+2.44%
Max(CAGR)	-83.87%	+2.94%

Winner

NOWL

+21.79%

CPAG

+0.32%

NOWL

-32.81%

Winner

CPAG

+0.39%

NOWL

-74.79%

Winner

CPAG

+0.51%

NOWL

-80.95%

Winner

CPAG

+2.44%

Max(CAGR)

NOWL

-83.87%

Winner

CPAG

+2.94%

NOWL vs CPAG - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	NOWL	CPAG
2026	-64.03%	+0.27%
2025	-42.58%	+2.22%

NOWL vs CPAG Drawdown Comparison

The maximum drawdown for NOWL was -86.57%, occurring on Apr 23, 2026. This drawdown has not yet recovered.

The maximum drawdown for CPAG was -2.78%, occurring on May 19, 2026. This drawdown has not yet recovered.

The current NOWL drawdown is -82.32%. The current CPAG drawdown is -1.44%.

Rank	NOWL	CPAG
#1	-86.57% Jul 24, 2025 - Apr 23, 2026	-2.78% Feb 27, 2026 - May 19, 2026
#2	-1.96% Jul 16, 2025 - Jul 24, 2025	-1.09% Oct 28, 2025 - Feb 10, 2026
#3	N/A	-0.74% Sep 16, 2025 - Oct 13, 2025
#4	N/A	-0.53% Aug 13, 2025 - Aug 22, 2025
#5	N/A	-0.37% Aug 28, 2025 - Sep 4, 2025
#6	N/A	-0.21% Sep 8, 2025 - Sep 11, 2025
#7	N/A	-0.20% Feb 10, 2026 - Feb 12, 2026
#8	N/A	-0.20% Oct 22, 2025 - Oct 28, 2025
#9	N/A	-0.14% Aug 22, 2025 - Aug 27, 2025
#10	N/A	-0.12% Feb 17, 2026 - Feb 23, 2026
#11	N/A	-0.12% Sep 11, 2025 - Sep 15, 2025
#12	N/A	-0.12% Oct 16, 2025 - Oct 20, 2025
#13	N/A	-0.05% Feb 23, 2026 - Feb 26, 2026
#14	N/A	-0.03% Oct 14, 2025 - Oct 16, 2025

Correlation

Correlation between NOWL and CPAG is -0.62 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.62

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