SMCX vs SHYL

Comparison between DEFIANCE DAILY TARGET 2X LONG SMCI ETF (SMCX, ETF) and XTRACKERS SHORT DURATION HIGH YIELD BOND ETF (SHYL, ETF).

SMCX vs SHYL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMCX(ETF)	SHYL(ETF)
Net Assets	$266M	$265M
Expense Ratio	N/A	0.20%
Max Drawdown	99.06%	21.56%
Sharpe Ratio	-0.20	0.70
5Y Beta	4.72	0.21
5Y Dividends CAGR	N/A	2.27%

Net Assets

Winner

SMCX

$266M

SHYL

$265M

Expense Ratio

SMCX

N/A

SHYL

0.20%

Max Drawdown

SMCX

99.06%

Winner

SHYL

21.56%

Sharpe Ratio

SMCX

-0.20

Winner

SHYL

0.70

5Y Beta

SMCX

4.72

Winner

SHYL

0.21

5Y Dividends CAGR

SMCX

N/A

SHYL

2.27%

SMCX vs SHYL - Historical Returns

Returns include dividend reinvestment.

Period	SMCX	SHYL
1 month	-24.10%	+0.92%
3 months	-54.97%	+2.10%
6 months	-60.71%	+2.05%
1 year	-86.57%	+6.02%
5 years(CAGR)	N/A	+4.90%
10 years(CAGR)	N/A	+4.82%
Max(CAGR)	-90.30%	+4.82%

SMCX

-24.10%

Winner

SHYL

+0.92%

SMCX

-54.97%

Winner

SHYL

+2.10%

SMCX

-60.71%

Winner

SHYL

+2.05%

SMCX

-86.57%

Winner

SHYL

+6.02%

5Y(CAGR)

SMCX

N/A

SHYL

+4.90%

10Y(CAGR)

SMCX

N/A

SHYL

+4.82%

Max(CAGR)

SMCX

-90.30%

Winner

SHYL

+4.82%

SMCX vs SHYL - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	SMCX	SHYL
2026	-58.55%	+1.50%
2025	-68.89%	+7.62%
2024	-89.57%	+8.82%
2023	N/A	+11.25%
2022	N/A	-5.15%
2021	N/A	+4.82%
2020	N/A	+3.53%
2019	N/A	+10.13%
2018	N/A	-0.67%

SMCX vs SHYL Drawdown Comparison

The maximum drawdown for SMCX was -99.02%, occurring on Mar 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for SHYL was -19.27%, occurring on Mar 23, 2020. Recovery took 184 trading sessions.

The current SMCX drawdown is -98.58%.

Rank	SMCX	SHYL
#1	-99.02% Aug 23, 2024 - Mar 20, 2026	-19.27% Feb 20, 2020 - Nov 10, 2020
#2	N/A	-9.59% Dec 27, 2021 - Jul 13, 2023
#3	N/A	-4.92% Oct 1, 2018 - Jan 30, 2019
#4	N/A	-4.73% Feb 28, 2025 - May 12, 2025
#5	N/A	-2.74% Sep 14, 2023 - Nov 3, 2023
#6	N/A	-1.82% Jan 26, 2018 - Apr 13, 2018
#7	N/A	-1.79% Mar 20, 2024 - May 3, 2024
#8	N/A	-1.59% Jan 22, 2026 - Apr 8, 2026
#9	N/A	-1.57% Nov 9, 2021 - Dec 23, 2021
#10	N/A	-1.28% Dec 5, 2024 - Jan 15, 2025
#11	N/A	-1.22% Jul 29, 2019 - Aug 29, 2019
#12	N/A	-1.17% Dec 27, 2023 - Feb 23, 2024
#13	N/A	-1.15% Oct 2, 2025 - Oct 24, 2025
#14	N/A	-1.13% Apr 12, 2019 - Jun 11, 2019
#15	N/A	-1.11% Jul 31, 2024 - Aug 13, 2024

Correlation

Correlation between SMCX and SHYL is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69

-101