SMN vs MUND

Comparison between ProShares UltraShort Materials (SMN, ETF) and NORTHERN TRUST 2055 TAX-EXEMPT DISTRIBUTING LADDER ETF (MUND, ETF).

SMN vs MUND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMN(ETF)	MUND(ETF)
Net Assets	$4.10M	$4.20M
Expense Ratio	N/A	0.18%
Max Drawdown	99.96%	5.60%
Sharpe Ratio	-0.59	0.17
5Y Beta	-1.50	0.03

Net Assets

SMN

$4.10M

Winner

MUND

$4.20M

Expense Ratio

SMN

N/A

MUND

0.18%

Max Drawdown

SMN

99.96%

Winner

MUND

5.60%

Sharpe Ratio

SMN

-0.59

Winner

MUND

0.17

5Y Beta

Winner

SMN

-1.50

MUND

0.03

SMN vs MUND - Historical Returns

Returns include dividend reinvestment.

Period	SMN	MUND
1 month	-0.17%	-1.91%
3 months	+1.66%	-0.99%
6 months	-6.95%	-0.52%
1 year	-22.49%	+4.42%
5 years(CAGR)	-16.61%	N/A
10 years(CAGR)	-24.51%	N/A
Max(CAGR)	-27.72%	+4.77%

Winner

SMN

-0.17%

MUND

-1.91%

Winner

SMN

+1.66%

MUND

-0.99%

SMN

-6.95%

Winner

MUND

-0.52%

SMN

-22.49%

Winner

MUND

+4.42%

5Y(CAGR)

SMN

-16.61%

MUND

N/A

10Y(CAGR)

SMN

-24.51%

MUND

N/A

Max(CAGR)

SMN

-27.72%

Winner

MUND

+4.77%

SMN vs MUND - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SMN	MUND
2026	-20.93%	+0.17%
2025	-19.37%	+4.34%
2024	+6.89%	N/A
2023	-20.86%	N/A
2022	-4.63%	N/A
2021	-46.34%	N/A
2020	-56.52%	N/A
2019	-32.08%	N/A
2018	+36.15%	N/A
2017	-38.23%	N/A
2016	-39.97%	N/A
2015	+16.14%	N/A
2014	-14.64%	N/A
2013	-32.88%	N/A
2012	-22.43%	N/A
2011	-1.22%	N/A
2010	-51.23%	N/A
2009	-75.87%	N/A
2008	+54.91%	N/A
2007	-38.34%	N/A

SMN vs MUND Drawdown Comparison

The maximum drawdown for SMN was -99.92%, occurring on Feb 11, 2026. This drawdown has not yet recovered.

The maximum drawdown for MUND was -4.19%, occurring on Mar 23, 2026. This drawdown has not yet recovered.

The current SMN drawdown is -99.91%. The current MUND drawdown is -3.12%.

Rank	SMN	MUND
#1	-99.92% Nov 20, 2008 - Feb 11, 2026	-4.19% Nov 18, 2025 - Mar 23, 2026
#2	-61.90% Mar 5, 2007 - Oct 6, 2008	-0.97% Oct 27, 2025 - Nov 18, 2025
#3	-42.86% Oct 27, 2008 - Nov 20, 2008	-0.79% Sep 17, 2025 - Oct 10, 2025
#4	-27.84% Oct 10, 2008 - Oct 24, 2008	-0.50% Oct 14, 2025 - Oct 16, 2025
#5	-9.85% Feb 9, 2007 - Mar 2, 2007	-0.48% Oct 16, 2025 - Oct 24, 2025
#6	-1.24% Oct 7, 2008 - Oct 9, 2008	-0.21% Aug 19, 2025 - Aug 27, 2025
#7	-1.12% Feb 2, 2007 - Feb 9, 2007	-0.15% Sep 11, 2025 - Sep 15, 2025
#8	N/A	-0.12% Oct 10, 2025 - Oct 14, 2025
#9	N/A	-0.07% Aug 28, 2025 - Sep 3, 2025
#10	N/A	-0.03% Sep 8, 2025 - Sep 10, 2025

Correlation

Correlation between SMN and MUND is -0.62 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.62

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