PZIV vs TSMZ

Comparison between Pzena International Value (PZIV, ETF) and DIREXION DAILY TSM BEAR 1X SHARES (TSMZ, ETF).

PZIV vs TSMZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PZIV(ETF)	TSMZ(ETF)
Net Assets	$2.70M	$2.70M
Expense Ratio	0.70%	1.01%
Max Drawdown	3.53%	72.47%
Sharpe Ratio	3.07	-2.13
5Y Beta	1.05	-1.52

Net Assets

PZIV

$2.70M

TSMZ

$2.70M

Expense Ratio

Winner

PZIV

0.70%

TSMZ

1.01%

Max Drawdown

Winner

PZIV

3.53%

TSMZ

72.47%

Sharpe Ratio

Winner

PZIV

3.07

TSMZ

-2.13

5Y Beta

PZIV

1.05

Winner

TSMZ

-1.52

PZIV vs TSMZ - Historical Returns

Returns include dividend reinvestment.

Period	PZIV	TSMZ
1 month	+4.39%	-6.52%
3 months	N/A	-18.04%
6 months	N/A	-33.04%
1 year	N/A	-54.92%
Max(CAGR)	+68.81%	-45.91%

Winner

PZIV

+4.39%

TSMZ

-6.52%

PZIV

N/A

TSMZ

-18.04%

PZIV

N/A

TSMZ

-33.04%

PZIV

N/A

TSMZ

-54.92%

Max(CAGR)

Winner

PZIV

+68.81%

TSMZ

-45.91%

PZIV vs TSMZ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	PZIV	TSMZ
2026	+9.77%	-26.75%
2025	N/A	-40.79%
2024	N/A	-11.20%

PZIV vs TSMZ Drawdown Comparison

The maximum drawdown for PZIV was -3.53%, occurring on Apr 29, 2026. Recovery took 13 trading sessions.

The maximum drawdown for TSMZ was -71.59%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current PZIV drawdown is -2.19%. The current TSMZ drawdown is -69.64%.

Rank	PZIV	TSMZ
#1	-3.53% Apr 17, 2026 - May 6, 2026	-71.59% Apr 8, 2025 - Jun 2, 2026
#2	-2.19% Jun 4, 2026 - Jun 5, 2026	-22.49% Oct 3, 2024 - Mar 28, 2025
#3	-1.45% May 6, 2026 - May 8, 2026	-3.02% Mar 28, 2025 - Apr 3, 2025
#4	-0.94% May 14, 2026 - May 18, 2026	N/A
#5	-0.69% May 18, 2026 - May 20, 2026	N/A
#6	-0.38% May 21, 2026 - May 26, 2026	N/A
#7	-0.35% Apr 9, 2026 - Apr 13, 2026	N/A
#8	-0.33% Apr 1, 2026 - Apr 6, 2026	N/A
#9	-0.31% May 26, 2026 - May 28, 2026	N/A
#10	-0.30% Apr 14, 2026 - Apr 16, 2026	N/A
#11	-0.29% May 11, 2026 - May 13, 2026	N/A
#12	-0.25% Jun 2, 2026 - Jun 4, 2026	N/A
#13	-0.00% Apr 6, 2026 - Apr 8, 2026	N/A

Correlation

Correlation between PZIV and TSMZ is -0.99 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.99

-101