SMCZ vs TXUG

Comparison between DEFIANCE DAILY TARGET 2X SHORT SMCI ETF (SMCZ, ETF) and THORNBURG INTERNATIONAL GROWTH ETF (TXUG, ETF).

SMCZ vs TXUG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMCZ(ETF)	TXUG(ETF)
Net Assets	$4.30M	$4.30M
Expense Ratio	N/A	0.70%
Max Drawdown	97.46%	18.58%
Sharpe Ratio	-0.20	0.12
5Y Beta	-4.72	0.92

Net Assets

SMCZ

$4.30M

TXUG

$4.30M

Expense Ratio

SMCZ

N/A

TXUG

0.70%

Max Drawdown

SMCZ

97.46%

Winner

TXUG

18.58%

Sharpe Ratio

SMCZ

-0.20

Winner

TXUG

0.12

5Y Beta

Winner

SMCZ

-4.72

TXUG

0.92

SMCZ vs TXUG - Holdings Comparison

SMCZ and TXUG have 0 common holdings. Overlap is 0.00%

SMCZ's top 25 holdings weight is 17.01%. TXUG's top 25 holdings weight is 79.40%.

Rank	SMCZ	TXUG
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 17.01%	ASML HOLDING NV (n/a) - 6.84%
#2	N/A	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (n/a) - 6.18%
#3	N/A	HOYA CORP (n/a) - 5.67%
#4	N/A	ASTRAZENECA PLC (n/a) - 4.37%
#5	N/A	AIR LIQUIDE SA (n/a) - 3.82%
#6	N/A	BE SEMICONDUCTOR INDUSTRIES NV (n/a) - 3.45%
#7	N/A	ADVANCED MICRO DEVICES INC (AMD) - 3.41%
#8	N/A	MERCADOLIBRE INC (MELI) - 3.39%
#9	N/A	FERRARI NV (RACE:MTAA) - 3.29%
#10	N/A	ASM INTERNATIONAL NV (n/a) - 3.27%
#11	N/A	DIPLOMA PLC (n/a) - 2.89%
#12	N/A	ROLLS-ROYCE HOLDINGS PLC (n/a) - 2.88%
#13	N/A	MASTERCARD INC CLASS A (MA) - 2.84%
#14	N/A	LONZA GROUP LTD (n/a) - 2.78%
#15	N/A	SCHNEIDER ELECTRIC SE (n/a) - 2.76%
#16	N/A	NOMURA RESEARCH INSTITUTE LTD (n/a) - 2.62%
#17	N/A	SEA LTD ADR (SE) - 2.46%
#18	N/A	ARISTA NETWORKS INC (ANET) - 2.42%
#19	N/A	DEUTSCHE BOERSE AG (n/a) - 2.41%
#20	N/A	SHOPIFY INC REGISTERED SHS -A- SUBORD VTG (SHOP) - 2.22%
#21	N/A	JAPAN EXCHANGE GROUP INC (n/a) - 2.00%
#22	N/A	VEND MARKETPLACES ASA ADR (SBSNY) - 1.98%
#23	N/A	ALCON INC (ALC) - 1.89%
#24	N/A	E.ON SE (n/a) - 1.87%
#25	N/A	BNP PARIBAS ACT. CAT.A (n/a) - 1.69%
Total Holdings	1	46

SMCZ vs TXUG - Historical Returns

Returns include dividend reinvestment.

Period	SMCZ	TXUG
1 month	-29.52%	+3.81%
3 months	-72.40%	+12.58%
6 months	-79.61%	+11.01%
1 year	-81.64%	+3.93%
Max(CAGR)	-89.48%	+5.71%

SMCZ

-29.52%

Winner

TXUG

+3.81%

SMCZ

-72.40%

Winner

TXUG

+12.58%

SMCZ

-79.61%

Winner

TXUG

+11.01%

SMCZ

-81.64%

Winner

TXUG

+3.93%

Max(CAGR)

SMCZ

-89.48%

Winner

TXUG

+5.71%

SMCZ vs TXUG - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	SMCZ	TXUG
2026	-80.26%	+8.41%
2025	-61.06%	-1.73%

SMCZ vs TXUG Drawdown Comparison

The maximum drawdown for SMCZ was -97.40%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The maximum drawdown for TXUG was -18.58%, occurring on Apr 8, 2025. Recovery took 107 trading sessions.

The current SMCZ drawdown is -94.93%. The current TXUG drawdown is -0.34%.

Rank	SMCZ	TXUG
#1	-97.40% Apr 4, 2025 - Jun 2, 2026	-18.58% Feb 18, 2025 - Jul 23, 2025
#2	-0.36% Apr 1, 2025 - Apr 3, 2025	-12.93% Jul 23, 2025 - Apr 15, 2026
#3	N/A	-4.52% May 6, 2026 - May 26, 2026
#4	N/A	-4.02% Apr 17, 2026 - May 6, 2026
#5	N/A	-3.84% Jun 2, 2026 - Jun 10, 2026
#6	N/A	-1.89% Jan 24, 2025 - Jan 30, 2025
#7	N/A	-1.75% Jan 30, 2025 - Feb 5, 2025
#8	N/A	-1.16% Feb 6, 2025 - Feb 13, 2025
#9	N/A	-0.32% Apr 15, 2026 - Apr 17, 2026
#10	N/A	-0.24% May 26, 2026 - May 28, 2026

Correlation

Correlation between SMCZ and TXUG is -0.60 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.60

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