SMCL vs RSPE

Comparison between GRANITESHARES 2X LONG SMCI DAILY ETF (SMCL, ETF) and Invesco ESG S&P 500 Equal Weight ETF (RSPE, ETF).

SMCL vs RSPE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMCL(ETF)	RSPE(ETF)
Net Assets	$64M	$64M
Expense Ratio	N/A	0.20%
Max Drawdown	96.90%	23.95%
Sharpe Ratio	-0.16	1.60
5Y Beta	4.87	0.81
P/E Ratio	N/A	25.95
Forward P/E	N/A	17.55
5Y EPS CAGR	N/A	11.89%
Debt to Equity	N/A	30.47%
P/S Ratio	N/A	1.69
P/B Ratio	N/A	3.27

Net Assets

Winner

SMCL

$64M

RSPE

$64M

Expense Ratio

SMCL

N/A

RSPE

0.20%

Max Drawdown

SMCL

96.90%

Winner

RSPE

23.95%

Sharpe Ratio

SMCL

-0.16

Winner

RSPE

1.60

5Y Beta

SMCL

4.87

Winner

RSPE

0.81

P/E Ratio

SMCL

N/A

RSPE

25.95

Forward P/E

SMCL

N/A

RSPE

17.55

5Y EPS CAGR

SMCL

N/A

RSPE

11.89%

Debt to Equity

SMCL

N/A

RSPE

30.47%

P/S Ratio

SMCL

N/A

RSPE

1.69

P/B Ratio

SMCL

N/A

RSPE

3.27

SMCL vs RSPE - Historical Returns

Returns include dividend reinvestment.

Period	SMCL	RSPE
1 month	-33.58%	+4.97%
3 months	-52.11%	+13.44%
6 months	-62.93%	+13.24%
1 year	-85.99%	+26.25%
5 years(CAGR)	N/A	+8.65%
Max(CAGR)	-80.59%	+8.65%

SMCL

-33.58%

Winner

RSPE

+4.97%

SMCL

-52.11%

Winner

RSPE

+13.44%

SMCL

-62.93%

Winner

RSPE

+13.24%

SMCL

-85.99%

Winner

RSPE

+26.25%

5Y(CAGR)

SMCL

N/A

RSPE

+8.65%

Max(CAGR)

SMCL

-80.59%

Winner

RSPE

+8.65%

SMCL vs RSPE - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	SMCL	RSPE
2026	-58.29%	+12.68%
2025	-68.56%	+14.91%
2024	-39.26%	+10.79%
2023	N/A	+13.77%
2022	N/A	-12.24%
2021	N/A	+1.37%

SMCL vs RSPE Drawdown Comparison

The maximum drawdown for SMCL was -96.90%, occurring on Mar 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for RSPE was -22.94%, occurring on Sep 30, 2022. Recovery took 528 trading sessions.

The current SMCL drawdown is -95.45%.

Rank	SMCL	RSPE
#1	-96.90% Feb 19, 2025 - Mar 20, 2026	-22.94% Jan 4, 2022 - Feb 12, 2024
#2	-57.20% Dec 12, 2024 - Feb 10, 2025	-18.59% Nov 25, 2024 - Jul 3, 2025
#3	-19.33% Feb 10, 2025 - Feb 14, 2025	-8.95% Feb 27, 2026 - May 6, 2026
#4	N/A	-6.38% Mar 28, 2024 - Jul 12, 2024
#5	N/A	-5.73% Jul 16, 2024 - Aug 21, 2024
#6	N/A	-5.64% Nov 17, 2021 - Dec 27, 2021
#7	N/A	-4.79% Oct 27, 2025 - Nov 28, 2025
#8	N/A	-3.63% Oct 16, 2024 - Nov 11, 2024
#9	N/A	-3.60% Jul 25, 2025 - Aug 22, 2025
#10	N/A	-3.30% Oct 6, 2025 - Oct 21, 2025
#11	N/A	-2.96% Aug 30, 2024 - Sep 16, 2024
#12	N/A	-2.47% Jun 4, 2026 - Jun 12, 2026
#13	N/A	-2.31% Nov 11, 2024 - Nov 22, 2024
#14	N/A	-2.06% Jan 15, 2026 - Feb 2, 2026
#15	N/A	-2.00% Jul 10, 2025 - Jul 22, 2025

Correlation

Correlation between SMCL and RSPE is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.65

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