SMCL vs QIDX

Comparison between GRANITESHARES 2X LONG SMCI DAILY ETF (SMCL, ETF) and INDEXPERTS QUALITY EARNINGS FOCUSED ETF (QIDX, ETF).

SMCL vs QIDX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMCL(ETF)	QIDX(ETF)
Net Assets	$39M	$39M
Expense Ratio	N/A	0.50%
Max Drawdown	97.46%	15.14%
Sharpe Ratio	-0.54	0.79
5Y Beta	4.84	0.70
P/E Ratio	N/A	24.87
Forward P/E	N/A	17.79
5Y EPS CAGR	N/A	17.35%
Debt to Equity	N/A	35.44%
P/S Ratio	N/A	1.57
P/B Ratio	N/A	3.87

Net Assets

SMCL

$39M

QIDX

$39M

Expense Ratio

SMCL

N/A

QIDX

0.50%

Max Drawdown

SMCL

97.46%

Winner

QIDX

15.14%

Sharpe Ratio

SMCL

-0.54

Winner

QIDX

0.79

5Y Beta

SMCL

4.84

Winner

QIDX

0.70

P/E Ratio

SMCL

N/A

QIDX

24.87

Forward P/E

SMCL

N/A

QIDX

17.79

5Y EPS CAGR

SMCL

N/A

QIDX

17.35%

Debt to Equity

SMCL

N/A

QIDX

35.44%

P/S Ratio

SMCL

N/A

QIDX

1.57

P/B Ratio

SMCL

N/A

QIDX

3.87

SMCL vs QIDX - Historical Returns

Returns include dividend reinvestment.

Period	SMCL	QIDX
1 month	-51.21%	+1.19%
3 months	-47.88%	+3.68%
6 months	-74.73%	+5.43%
1 year	-93.17%	+12.37%
Max(CAGR)	-83.63%	+11.54%

SMCL

-51.21%

Winner

QIDX

+1.19%

SMCL

-47.88%

Winner

QIDX

+3.68%

SMCL

-74.73%

Winner

QIDX

+5.43%

SMCL

-93.17%

Winner

QIDX

+12.37%

Max(CAGR)

SMCL

-83.63%

Winner

QIDX

+11.54%

SMCL vs QIDX - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	SMCL	QIDX
2026	-73.37%	+9.12%
2025	-68.56%	+8.16%
2024	-39.26%	N/A

SMCL vs QIDX Drawdown Comparison

The maximum drawdown for SMCL was -97.46%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for QIDX was -14.99%, occurring on Apr 8, 2025. Recovery took 99 trading sessions.

The current SMCL drawdown is -97.10%. The current QIDX drawdown is -1.03%.

Rank	SMCL	QIDX
#1	-97.46% Feb 19, 2025 - Jul 20, 2026	-14.99% Feb 6, 2025 - Jul 1, 2025
#2	-57.20% Dec 12, 2024 - Feb 10, 2025	-6.92% Feb 27, 2026 - Apr 17, 2026
#3	-19.33% Feb 10, 2025 - Feb 14, 2025	-5.80% Oct 27, 2025 - Jan 9, 2026
#4	N/A	-2.65% Jul 3, 2025 - Aug 12, 2025
#5	N/A	-2.63% Oct 3, 2025 - Oct 27, 2025
#6	N/A	-2.06% Apr 30, 2026 - May 26, 2026
#7	N/A	-1.76% Jan 15, 2026 - Jan 26, 2026
#8	N/A	-1.73% Jan 29, 2026 - Feb 9, 2026
#9	N/A	-1.65% Sep 11, 2025 - Oct 3, 2025
#10	N/A	-1.60% Jun 15, 2026 - Jun 29, 2026
#11	N/A	-1.60% Feb 10, 2026 - Feb 20, 2026
#12	N/A	-1.39% Apr 20, 2026 - Apr 30, 2026
#13	N/A	-1.37% Jan 6, 2025 - Jan 15, 2025
#14	N/A	-1.34% Jul 6, 2026 - Jul 20, 2026
#15	N/A	-1.23% Jan 28, 2025 - Feb 5, 2025

Correlation

Correlation between SMCL and QIDX is -0.61 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.61

-101