QETH vs ASMU

Comparison between Invesco Galaxy Ethereum ETF (QETH, ETF) and Direxion Daily ASML Bull 2X ETF (ASMU, ETF).

QETH vs ASMU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QETH(ETF)	ASMU(ETF)
Net Assets	$16M	$16M
Expense Ratio	0.25%	N/A
Max Drawdown	67.90%	34.94%
Sharpe Ratio	-0.64	1.11
5Y Beta	2.12	5.24

Net Assets

QETH

$16M

Winner

ASMU

$16M

Expense Ratio

QETH

0.25%

ASMU

N/A

Max Drawdown

QETH

67.90%

Winner

ASMU

34.94%

Sharpe Ratio

QETH

-0.64

Winner

ASMU

1.11

5Y Beta

Winner

QETH

2.12

ASMU

5.24

QETH vs ASMU - Historical Returns

Returns include dividend reinvestment.

Period	QETH	ASMU
1 month	+10.90%	-16.37%
3 months	-16.40%	+37.71%
6 months	-36.56%	+32.86%
1 year	-48.78%	N/A
Max(CAGR)	-25.77%	+91.29%

Winner

QETH

+10.90%

ASMU

-16.37%

QETH

-16.40%

Winner

ASMU

+37.71%

QETH

-36.56%

Winner

ASMU

+32.86%

QETH

-48.78%

ASMU

N/A

Max(CAGR)

QETH

-25.77%

Winner

ASMU

+91.29%

QETH vs ASMU - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	QETH	ASMU
2026	-38.44%	+32.86%
2025	-14.32%	N/A
2024	-3.58%	N/A

QETH vs ASMU Drawdown Comparison

The maximum drawdown for QETH was -67.90%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The maximum drawdown for ASMU was -34.80%, occurring on Mar 30, 2026. Recovery took 51 trading sessions.

The current QETH drawdown is -60.38%. The current ASMU drawdown is -19.68%.

Rank	QETH	ASMU
#1	-67.90% Aug 22, 2025 - Jun 25, 2026	-34.80% Feb 25, 2026 - May 8, 2026
#2	-64.07% Dec 6, 2024 - Aug 11, 2025	-25.82% Jun 30, 2026 - Jul 13, 2026
#3	-35.81% Jul 23, 2024 - Nov 25, 2024	-17.24% May 8, 2026 - May 22, 2026
#4	-12.80% Aug 13, 2025 - Aug 22, 2025	-17.08% Jun 22, 2026 - Jun 30, 2026
#5	-5.17% Nov 25, 2024 - Nov 27, 2024	-13.47% Jun 4, 2026 - Jun 11, 2026
#6	-1.80% Dec 4, 2024 - Dec 6, 2024	-10.01% Jun 11, 2026 - Jun 18, 2026
#7	-1.40% Nov 27, 2024 - Dec 4, 2024	-4.62% Feb 11, 2026 - Feb 18, 2026
#8	N/A	-4.29% May 26, 2026 - Jun 2, 2026
#9	N/A	-1.56% Feb 18, 2026 - Feb 20, 2026