SIJ vs SPCZ

Comparison between ProShares UltraShort Industrials -2x Shares (SIJ, ETF) and RIVERNORTH ENHANCED PRE-MERGER SPAC ETF (SPCZ, ETF).

SIJ vs SPCZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SIJ(ETF)	SPCZ(ETF)
Net Assets	$6.20M	$6.30M
Expense Ratio	N/A	0.90%
Max Drawdown	99.96%	12.35%
Sharpe Ratio	-1.14	0.22
5Y Beta	-1.79	0.02
P/E Ratio	N/A	56.89
Debt to Equity	N/A	-0.06%
P/B Ratio	N/A	1.43

Net Assets

SIJ

$6.20M

Winner

SPCZ

$6.30M

Expense Ratio

SIJ

N/A

SPCZ

0.90%

Max Drawdown

SIJ

99.96%

Winner

SPCZ

12.35%

Sharpe Ratio

SIJ

-1.14

Winner

SPCZ

0.22

5Y Beta

Winner

SIJ

-1.79

SPCZ

0.02

P/E Ratio

SIJ

N/A

SPCZ

56.89

Debt to Equity

SIJ

N/A

SPCZ

-0.06%

P/B Ratio

SIJ

N/A

SPCZ

1.43

SIJ vs SPCZ - Historical Returns

Returns include dividend reinvestment.

Period	SIJ	SPCZ
1 month	-2.06%	+0.94%
3 months	-4.02%	+0.57%
6 months	-22.34%	+1.81%
1 year	-31.49%	+5.04%
5 years(CAGR)	-18.53%	N/A
10 years(CAGR)	-27.63%	N/A
Max(CAGR)	-27.03%	+6.43%

SIJ

-2.06%

Winner

SPCZ

+0.94%

SIJ

-4.02%

Winner

SPCZ

+0.57%

SIJ

-22.34%

Winner

SPCZ

+1.81%

SIJ

-31.49%

Winner

SPCZ

+5.04%

5Y(CAGR)

SIJ

-18.53%

SPCZ

N/A

10Y(CAGR)

SIJ

-27.63%

SPCZ

N/A

Max(CAGR)

SIJ

-27.03%

Winner

SPCZ

+6.43%

SIJ vs SPCZ - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SIJ	SPCZ
2026	-18.72%	+1.79%
2025	-29.83%	+10.31%
2024	-23.11%	+5.42%
2023	-23.66%	+6.01%
2022	+16.80%	+1.95%
2021	-37.10%	N/A
2020	-53.10%	N/A
2019	-44.49%	N/A
2018	+21.87%	N/A
2017	-35.61%	N/A
2016	-36.79%	N/A
2015	-4.71%	N/A
2014	-19.44%	N/A
2013	-49.46%	N/A
2012	-31.20%	N/A
2011	-19.08%	N/A
2010	-44.45%	N/A
2009	-52.04%	N/A
2008	+66.88%	N/A
2007	-13.32%	N/A

SIJ vs SPCZ Drawdown Comparison

The maximum drawdown for SIJ was -99.93%, occurring on Mar 2, 2026. This drawdown has not yet recovered.

The maximum drawdown for SPCZ was -4.47%, occurring on Sep 3, 2024. Recovery took 34 trading sessions.

The current SIJ drawdown is -99.92%. The current SPCZ drawdown is -1.34%.

Rank	SIJ	SPCZ
#1	-99.93% Mar 9, 2009 - Mar 2, 2026	-4.47% Aug 7, 2024 - Sep 25, 2024
#2	-48.98% Nov 20, 2008 - Mar 2, 2009	-3.82% Apr 29, 2026 - Apr 30, 2026
#3	-34.22% Oct 27, 2008 - Nov 19, 2008	-3.50% Jun 16, 2025 - Jul 23, 2025
#4	-28.07% Mar 13, 2007 - Jan 17, 2008	-2.86% Dec 29, 2025 - Apr 29, 2026
#5	-27.69% Jan 17, 2008 - Sep 17, 2008	-1.34% Oct 18, 2024 - Dec 23, 2024
#6	-18.57% Oct 9, 2008 - Oct 15, 2008	-1.21% Oct 15, 2025 - Dec 29, 2025
#7	-14.39% Sep 17, 2008 - Sep 29, 2008	-1.11% Dec 13, 2023 - Jan 4, 2024
#8	-11.90% Oct 15, 2008 - Oct 22, 2008	-1.00% Jul 25, 2025 - Aug 19, 2025
#9	-5.47% Sep 29, 2008 - Oct 2, 2008	-0.94% Oct 23, 2023 - Nov 2, 2023
#10	-5.17% Mar 3, 2009 - Mar 5, 2009	-0.88% Jan 4, 2024 - Feb 9, 2024
#11	-4.78% Feb 9, 2007 - Feb 27, 2007	-0.87% Feb 13, 2023 - Mar 30, 2023
#12	-4.20% Mar 5, 2007 - Mar 13, 2007	-0.87% Oct 3, 2024 - Oct 18, 2024
#13	-1.28% Feb 27, 2007 - Mar 2, 2007	-0.83% Jun 11, 2025 - Jun 16, 2025
#14	-0.55% Feb 1, 2007 - Feb 9, 2007	-0.79% Jul 14, 2022 - Oct 19, 2022
#15	N/A	-0.75% Jan 10, 2025 - Feb 6, 2025

Correlation

Correlation between SIJ and SPCZ is -0.93 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.93

-101