PCR vs IBX

Comparison between Simplify VettaFi Private Credit Strategy ETF (PCR, ETF) and Tradr 2X Long IBM Daily ETF (IBX, ETF).

PCR vs IBX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PCR(ETF)	IBX(ETF)
Net Assets	$2.60M	$2.70M
Expense Ratio	0.76%	N/A
Max Drawdown	24.18%	30.07%
Sharpe Ratio	-1.43	1.64
5Y Beta	0.68	1.61

Net Assets

PCR

$2.60M

Winner

IBX

$2.70M

Expense Ratio

PCR

0.76%

IBX

N/A

Max Drawdown

Winner

PCR

24.18%

IBX

30.07%

Sharpe Ratio

PCR

-1.43

Winner

IBX

1.64

5Y Beta

Winner

PCR

0.68

IBX

1.61

PCR vs IBX - Historical Returns

Returns include dividend reinvestment.

Period	PCR	IBX
1 month	-6.55%	+47.74%
3 months	-0.59%	N/A
6 months	-13.94%	N/A
Max(CAGR)	-22.52%	+280.85%

PCR

-6.55%

Winner

IBX

+47.74%

PCR

-0.59%

IBX

N/A

PCR

-13.94%

IBX

N/A

Max(CAGR)

PCR

-22.52%

Winner

IBX

+280.85%

PCR vs IBX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	PCR	IBX
2026	-10.99%	+30.64%
2025	-5.74%	N/A

PCR vs IBX Drawdown Comparison

The maximum drawdown for PCR was -20.08%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for IBX was -30.07%, occurring on May 13, 2026. Recovery took 26 trading sessions.

The current PCR drawdown is -16.31%. The current IBX drawdown is -26.24%.

Rank	PCR	IBX
#1	-20.08% Sep 23, 2025 - Mar 27, 2026	-30.07% Apr 21, 2026 - May 28, 2026
#2	N/A	-26.24% Jun 2, 2026 - Jun 5, 2026
#3	N/A	-13.89% Apr 2, 2026 - Apr 16, 2026
#4	N/A	-4.63% Mar 26, 2026 - Apr 1, 2026
#5	N/A	-0.38% Apr 17, 2026 - Apr 21, 2026

Correlation

Correlation between PCR and IBX is -0.43 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.43

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