SMCL vs XBOC

Comparison between GRANITESHARES 2X LONG SMCI DAILY ETF (SMCL, ETF) and Innovator U.S. Equity Accelerated 9 Buffer ETF - October (XBOC, ETF).

SMCL vs XBOC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMCL(ETF)	XBOC(ETF)
Net Assets	$64M	$65M
Expense Ratio	N/A	0.79%
Max Drawdown	96.90%	13.35%
Sharpe Ratio	-0.16	1.32
5Y Beta	4.87	0.55

Net Assets

SMCL

$64M

Winner

XBOC

$65M

Expense Ratio

SMCL

N/A

XBOC

0.79%

Max Drawdown

SMCL

96.90%

Winner

XBOC

13.35%

Sharpe Ratio

SMCL

-0.16

Winner

XBOC

1.32

5Y Beta

SMCL

4.87

Winner

XBOC

0.55

SMCL vs XBOC - Historical Returns

Returns include dividend reinvestment.

Period	SMCL	XBOC
1 month	-33.58%	+0.77%
3 months	-52.11%	+6.17%
6 months	-62.93%	+5.77%
1 year	-85.99%	+12.66%
5 years(CAGR)	N/A	+8.37%
Max(CAGR)	-80.59%	+8.37%

SMCL

-33.58%

Winner

XBOC

+0.77%

SMCL

-52.11%

Winner

XBOC

+6.17%

SMCL

-62.93%

Winner

XBOC

+5.77%

SMCL

-85.99%

Winner

XBOC

+12.66%

5Y(CAGR)

SMCL

N/A

XBOC

+8.37%

Max(CAGR)

SMCL

-80.59%

Winner

XBOC

+8.37%

SMCL vs XBOC - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	SMCL	XBOC
2026	-58.29%	+5.18%
2025	-68.56%	+11.22%
2024	-39.26%	+8.73%
2023	N/A	+20.05%
2022	N/A	-8.00%
2021	N/A	+3.76%

SMCL vs XBOC 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 XBOC was -13.35%, occurring on Oct 12, 2022. Recovery took 353 trading sessions.

The current SMCL drawdown is -95.45%. The current XBOC drawdown is -0.37%.

Rank	SMCL	XBOC
#1	-96.90% Feb 19, 2025 - Mar 20, 2026	-13.35% Jan 4, 2022 - Jun 1, 2023
#2	-57.20% Dec 12, 2024 - Feb 10, 2025	-12.53% Feb 19, 2025 - May 19, 2025
#3	-19.33% Feb 10, 2025 - Feb 14, 2025	-4.99% Feb 25, 2026 - Apr 13, 2026
#4	N/A	-3.16% Oct 16, 2023 - Nov 3, 2023
#5	N/A	-2.62% Oct 27, 2025 - Dec 2, 2025
#6	N/A	-2.16% Nov 8, 2021 - Dec 23, 2021
#7	N/A	-1.68% May 19, 2025 - Jun 3, 2025
#8	N/A	-1.62% Dec 6, 2024 - Jan 17, 2025
#9	N/A	-1.47% Jul 31, 2024 - Aug 13, 2024
#10	N/A	-1.45% Oct 6, 2025 - Oct 21, 2025
#11	N/A	-1.43% Oct 18, 2024 - Nov 6, 2024
#12	N/A	-1.35% Jan 27, 2026 - Feb 9, 2026
#13	N/A	-1.28% Sep 29, 2023 - Oct 6, 2023
#14	N/A	-1.25% Jan 12, 2026 - Jan 27, 2026
#15	N/A	-1.13% Jun 4, 2026 - Jun 10, 2026

Correlation

Correlation between SMCL and XBOC is -0.57 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.57

-101