PSDM vs ORCX

Comparison between PGIM SHORT DURATION MULTI-SECTOR BOND ETF (PSDM, ETF) and DEFIANCE DAILY TARGET 2X LONG ORCL ETF (ORCX, ETF).

PSDM vs ORCX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PSDM(ETF)	ORCX(ETF)
Net Assets	$204M	$204M
Expense Ratio	0.40%	N/A
Max Drawdown	1.97%	90.68%
Sharpe Ratio	0.27	-0.82
5Y Beta	0.01	2.98

Net Assets

PSDM

$204M

Winner

ORCX

$204M

Expense Ratio

PSDM

0.40%

ORCX

N/A

Max Drawdown

Winner

PSDM

1.97%

ORCX

90.68%

Sharpe Ratio

Winner

PSDM

0.27

ORCX

-0.82

5Y Beta

Winner

PSDM

0.01

ORCX

2.98

PSDM vs ORCX - Historical Returns

Returns include dividend reinvestment.

Period	PSDM	ORCX
1 month	+0.25%	-49.20%
3 months	+0.26%	-56.91%
6 months	+1.28%	-57.97%
1 year	+4.24%	-83.42%
Max(CAGR)	+5.71%	-58.83%

Winner

PSDM

+0.25%

ORCX

-49.20%

Winner

PSDM

+0.26%

ORCX

-56.91%

Winner

PSDM

+1.28%

ORCX

-57.97%

Winner

PSDM

+4.24%

ORCX

-83.42%

Max(CAGR)

Winner

PSDM

+5.71%

ORCX

-58.83%

PSDM vs ORCX - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	PSDM	ORCX
2026	+1.42%	-67.20%
2025	+6.19%	-16.20%
2024	+5.66%	N/A
2023	+3.95%	N/A

PSDM vs ORCX Drawdown Comparison

The maximum drawdown for PSDM was -1.19%, occurring on Mar 20, 2026. Recovery took 28 trading sessions.

The maximum drawdown for ORCX was -90.68%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The current PSDM drawdown is -0.24%. The current ORCX drawdown is -89.83%.

Rank	PSDM	ORCX
#1	-1.19% Feb 27, 2026 - Apr 9, 2026	-90.68% Sep 10, 2025 - Jul 20, 2026
#2	-1.18% Apr 3, 2025 - Apr 30, 2025	-57.36% Feb 19, 2025 - Jun 12, 2025
#3	-0.84% Sep 27, 2024 - Dec 4, 2024	-26.04% Aug 6, 2025 - Sep 10, 2025
#4	-0.69% Feb 1, 2024 - Mar 7, 2024	-9.00% Jul 17, 2025 - Jul 29, 2025
#5	-0.68% Mar 27, 2024 - May 3, 2024	-8.79% Jun 13, 2025 - Jun 30, 2025
#6	-0.58% May 8, 2026 - May 28, 2026	-7.44% Jul 31, 2025 - Aug 5, 2025
#7	-0.50% Sep 1, 2023 - Nov 1, 2023	-7.23% Feb 10, 2025 - Feb 18, 2025
#8	-0.44% Aug 2, 2024 - Aug 19, 2024	-6.68% Jul 3, 2025 - Jul 16, 2025
#9	-0.41% Dec 6, 2024 - Jan 15, 2025	N/A
#10	-0.37% Apr 30, 2025 - May 19, 2025	N/A
#11	-0.37% Mar 4, 2025 - Mar 28, 2025	N/A
#12	-0.37% Sep 16, 2025 - Oct 14, 2025	N/A
#13	-0.35% Dec 27, 2023 - Jan 11, 2024	N/A
#14	-0.35% Jun 1, 2026 - Jun 15, 2026	N/A
#15	-0.34% Apr 20, 2026 - May 8, 2026	N/A

Correlation

Correlation between PSDM and ORCX is -0.34 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.34

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