OPTZ vs NOWL

Comparison between OPTIMIZE STRATEGY INDEX ETF (OPTZ, ETF) and GRANITESHARES 2X LONG NOW DAILY ETF (NOWL, ETF).

OPTZ vs NOWL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OPTZ(ETF)	NOWL(ETF)
Net Assets	$285M	$286M
Expense Ratio	0.25%	N/A
Max Drawdown	25.98%	86.64%
Sharpe Ratio	1.73	-1.12
5Y Beta	1.19	1.29
P/E Ratio	41.80	N/A
Forward P/E	14.34	N/A
5Y EPS CAGR	23.90%	N/A
Debt to Equity	21.49%	N/A
P/S Ratio	1.59	N/A
P/B Ratio	4.37	N/A

Net Assets

OPTZ

$285M

Winner

NOWL

$286M

Expense Ratio

OPTZ

0.25%

NOWL

N/A

Max Drawdown

Winner

OPTZ

25.98%

NOWL

86.64%

Sharpe Ratio

Winner

OPTZ

1.73

NOWL

-1.12

5Y Beta

Winner

OPTZ

1.19

NOWL

1.29

P/E Ratio

OPTZ

41.80

NOWL

N/A

Forward P/E

OPTZ

14.34

NOWL

N/A

5Y EPS CAGR

OPTZ

23.90%

NOWL

N/A

Debt to Equity

OPTZ

21.49%

NOWL

N/A

P/S Ratio

OPTZ

1.59

NOWL

N/A

P/B Ratio

OPTZ

4.37

NOWL

N/A

OPTZ vs NOWL - Historical Returns

Returns include dividend reinvestment.

Period	OPTZ	NOWL
1 month	-6.32%	+15.90%
3 months	+11.53%	-14.39%
6 months	+22.24%	-51.50%
1 year	+45.84%	-81.90%
Max(CAGR)	+31.28%	-81.39%

OPTZ

-6.32%

Winner

NOWL

+15.90%

Winner

OPTZ

+11.53%

NOWL

-14.39%

Winner

OPTZ

+22.24%

NOWL

-51.50%

Winner

OPTZ

+45.84%

NOWL

-81.90%

Max(CAGR)

Winner

OPTZ

+31.28%

NOWL

-81.39%

OPTZ vs NOWL - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	OPTZ	NOWL
2026	+27.38%	-65.77%
2025	+22.56%	-42.58%
2024	+16.81%	N/A

OPTZ vs NOWL Drawdown Comparison

The maximum drawdown for OPTZ was -25.75%, occurring on Apr 8, 2025. Recovery took 152 trading sessions.

The maximum drawdown for NOWL was -86.64%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The current OPTZ drawdown is -7.07%. The current NOWL drawdown is -83.18%.

Rank	OPTZ	NOWL
#1	-25.75% Dec 4, 2024 - Jul 17, 2025	-86.64% Jul 24, 2025 - Jun 25, 2026
#2	-10.63% Mar 2, 2026 - Apr 9, 2026	-1.96% Jul 16, 2025 - Jul 24, 2025
#3	-10.09% Jun 30, 2026 - Jul 20, 2026	N/A
#4	-9.01% Jul 16, 2024 - Sep 19, 2024	N/A
#5	-7.35% Oct 27, 2025 - Dec 3, 2025	N/A
#6	-5.62% Jun 3, 2026 - Jun 12, 2026	N/A
#7	-4.32% Nov 11, 2024 - Nov 25, 2024	N/A
#8	-4.25% May 11, 2026 - May 22, 2026	N/A
#9	-4.08% Oct 6, 2025 - Oct 24, 2025	N/A
#10	-3.46% Jun 22, 2026 - Jun 30, 2026	N/A
#11	-3.40% Jul 28, 2025 - Aug 8, 2025	N/A
#12	-2.97% Dec 11, 2025 - Jan 6, 2026	N/A
#13	-2.64% Aug 13, 2025 - Aug 26, 2025	N/A
#14	-2.42% Aug 28, 2025 - Sep 11, 2025	N/A
#15	-2.25% Apr 24, 2026 - Apr 30, 2026	N/A