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SMST vs QMFE

Comparison between DEFIANCE DAILY TARGET 2X SHORT MSTR ETF (SMST, ETF) and FT VEST NASDAQ-100 MODERATE BUFFER ETF - FEBRUARY (QMFE, ETF).

SMST vs QMFE - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
SMST
$49M
QMFE
$49M
Expense Ratio
SMST
N/A
QMFE
0.90%
Max Drawdown
SMST
99.25%
Winner
QMFE
11.76%
Sharpe Ratio
SMST
1.43
Winner
QMFE
1.54
5Y Beta
Winner
SMST
-4.81
QMFE
0.61

SMST vs QMFE - Historical Returns

Returns include dividend reinvestment.

1M
SMST
-6.64%
Winner
QMFE
-0.10%
3M
Winner
SMST
+55.36%
QMFE
+3.77%
6M
SMST
-27.40%
Winner
QMFE
+8.22%
1Y
Winner
SMST
+166.72%
QMFE
+15.44%
Max(CAGR)
SMST
-84.25%
Winner
QMFE
+14.88%

SMST vs QMFE - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

YearSMSTQMFE
2026-38.26%+8.79%
2025-39.90%+11.58%
2024-90.90%N/A

SMST vs QMFE Drawdown Comparison

The maximum drawdown for SMST was -99.25%, occurring on Jul 16, 2025. This drawdown has not yet recovered.

The maximum drawdown for QMFE was -11.76%, occurring on Apr 8, 2025. Recovery took 55 trading sessions.

The current SMST drawdown is -97.74%. The current QMFE drawdown is -0.53%.

RankSMSTQMFE
#1-99.25%
Sep 6, 2024 - Jul 16, 2025
-11.76%
Feb 24, 2025 - May 13, 2025
#2-18.07%
Aug 22, 2024 - Sep 3, 2024
-4.81%
Feb 25, 2026 - Apr 10, 2026
#3-3.13%
Sep 3, 2024 - Sep 5, 2024
-2.28%
Oct 29, 2025 - Nov 28, 2025
#4N/A-1.98%
Jun 1, 2026 - Jun 10, 2026
#5N/A-1.78%
Jan 28, 2026 - Feb 9, 2026
#6N/A-1.33%
Oct 8, 2025 - Oct 20, 2025
#7N/A-1.24%
Aug 13, 2025 - Sep 8, 2025
#8N/A-1.20%
May 16, 2025 - May 27, 2025
#9N/A-1.07%
Jul 29, 2025 - Aug 6, 2025
#10N/A-1.02%
Dec 10, 2025 - Dec 19, 2025
#11N/A-0.96%
Jan 12, 2026 - Jan 23, 2026
#12N/A-0.88%
Feb 20, 2026 - Feb 25, 2026
#13N/A-0.82%
Feb 11, 2026 - Feb 18, 2026
#14N/A-0.72%
Jun 10, 2025 - Jun 23, 2025
#15N/A-0.48%
Sep 22, 2025 - Oct 1, 2025

Correlation

Correlation between SMST and QMFE is -0.08 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.08
-101

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