NOWL vs DRLL
Comparison between GRANITESHARES 2X LONG NOW DAILY ETF (NOWL, ETF) and STRIVE U.S. ENERGY ETF (DRLL, ETF).
NOWL vs DRLL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
NOWL
$282M
Winner
DRLL
$282M
Expense Ratio
NOWL
N/A
DRLL
0.41%
Max Drawdown
NOWL
86.57%
Winner
DRLL
25.85%
Sharpe Ratio
NOWL
-1.25
Winner
DRLL
1.27
5Y Beta
NOWL
1.49
Winner
DRLL
0.53
P/E Ratio
NOWL
N/A
DRLL
21.98
Forward P/E
NOWL
N/A
DRLL
10.81
PEG Ratio
NOWL
N/A
DRLL
0.63
5Y EPS CAGR
NOWL
N/A
DRLL
18.51%
Debt to Equity
NOWL
N/A
DRLL
16.87%
P/S Ratio
NOWL
N/A
DRLL
1.43
P/B Ratio
NOWL
N/A
DRLL
2.12
NOWL vs DRLL - Historical Returns
Returns include dividend reinvestment.
1M
Winner
NOWL
+21.79%
DRLL
-0.55%
3M
NOWL
-32.81%
Winner
DRLL
-2.11%
6M
NOWL
-74.79%
Winner
DRLL
+25.64%
1Y
NOWL
-80.95%
Winner
DRLL
+33.72%
Max(CAGR)
NOWL
-83.87%
Winner
DRLL
+12.50%
NOWL vs DRLL - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | NOWL | DRLL |
|---|---|---|
| 2026 | -64.03% | +25.29% |
| 2025 | -42.58% | +6.66% |
| 2024 | N/A | -1.12% |
| 2023 | N/A | +1.80% |
| 2022 | N/A | +16.54% |
NOWL vs DRLL 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 DRLL was -23.74%, occurring on Apr 8, 2025. Recovery took 451 trading sessions.
The current NOWL drawdown is -82.32%. The current DRLL drawdown is -10.71%.
| Rank | NOWL | DRLL |
|---|---|---|
| #1 | -86.57% Jul 24, 2025 - Apr 23, 2026 | -23.74% Apr 5, 2024 - Jan 23, 2026 |
| #2 | -1.96% Jul 16, 2025 - Jul 24, 2025 | -17.35% Nov 15, 2022 - Sep 12, 2023 |
| #3 | N/A | -16.35% Aug 29, 2022 - Oct 19, 2022 |
| #4 | N/A | -13.92% Mar 27, 2026 - Apr 17, 2026 |
| #5 | N/A | -12.77% Sep 14, 2023 - Mar 19, 2024 |
| #6 | N/A | -4.80% Nov 8, 2022 - Nov 11, 2022 |
| #7 | N/A | -2.71% Feb 11, 2026 - Feb 19, 2026 |
| #8 | N/A | -2.18% Nov 1, 2022 - Nov 4, 2022 |
| #9 | N/A | -2.11% Jan 30, 2026 - Feb 3, 2026 |
| #10 | N/A | -2.00% Mar 6, 2026 - Mar 11, 2026 |
| #11 | N/A | -1.68% Aug 12, 2022 - Aug 18, 2022 |
| #12 | N/A | -1.33% Feb 4, 2026 - Feb 6, 2026 |
| #13 | N/A | -1.23% Aug 25, 2022 - Aug 29, 2022 |
| #14 | N/A | -1.11% Feb 19, 2026 - Feb 27, 2026 |
| #15 | N/A | -0.90% Mar 2, 2026 - Mar 5, 2026 |
Correlation
Correlation between NOWL and DRLL is -0.91 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.
-0.91
-101
Select Stocks to Compare
Popular: NOWL vs SPYDRLL vs SPY
More Comparisons
Compare with similar stocks