QCML vs LLYX

Comparison between GRANITESHARES 2X LONG QCOM DAILY ETF (QCML, ETF) and DEFIANCE DAILY TARGET 2X LONG LLY ETF (LLYX, ETF).

QCML vs LLYX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QCML(ETF)	LLYX(ETF)
Net Assets	$46M	$46M
Max Drawdown	68.76%	67.98%
Sharpe Ratio	0.23	1.53
5Y Beta	3.29	1.13

Net Assets

Winner

QCML

$46M

LLYX

$46M

Max Drawdown

QCML

68.76%

Winner

LLYX

67.98%

Sharpe Ratio

QCML

0.23

Winner

LLYX

1.53

5Y Beta

QCML

3.29

Winner

LLYX

1.13

QCML vs LLYX - Historical Returns

Returns include dividend reinvestment.

Period	QCML	LLYX
1 month	-12.26%	+6.83%
3 months	-61.07%	+29.66%
6 months	-5.72%	+26.71%
1 year	-25.60%	+151.24%
Max(CAGR)	-32.91%	+11.87%

QCML

-12.26%

Winner

LLYX

+6.83%

QCML

-61.07%

Winner

LLYX

+29.66%

QCML

-5.72%

Winner

LLYX

+26.71%

QCML

-25.60%

Winner

LLYX

+151.24%

Max(CAGR)

QCML

-32.91%

Winner

LLYX

+11.87%

QCML vs LLYX - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	QCML	LLYX
2026	-36.12%	+12.99%
2025	-16.71%	+42.28%
2024	N/A	-23.40%

QCML vs LLYX Drawdown Comparison

The maximum drawdown for QCML was -68.76%, occurring on Jul 31, 2026. This drawdown has not yet recovered.

The maximum drawdown for LLYX was -67.98%, occurring on Aug 8, 2025. Recovery took 492 trading sessions.

The current QCML drawdown is -64.57%. The current LLYX drawdown is -5.21%.

Rank	QCML	LLYX
#1	-68.76% May 29, 2026 - Jul 31, 2026	-67.98% Aug 30, 2024 - Aug 19, 2026
#2	-59.13% Feb 19, 2025 - May 7, 2026	-5.46% Aug 19, 2026 - Aug 20, 2026
#3	-33.95% May 11, 2026 - May 26, 2026	-2.84% Aug 27, 2024 - Aug 30, 2024
#4	-12.37% May 26, 2026 - May 29, 2026	-2.19% Aug 14, 2024 - Aug 20, 2024
#5	-0.10% Feb 13, 2025 - Feb 18, 2025	-1.67% Aug 9, 2024 - Aug 13, 2024
#6	N/A	-0.66% Aug 20, 2024 - Aug 27, 2024