SMST vs XUSP
Comparison between DEFIANCE DAILY TARGET 2X SHORT MSTR ETF (SMST, ETF) and Innovator Uncapped Accelerated U.S. Equity ETF (XUSP, ETF).
SMST vs XUSP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
SMST
$49M
XUSP
$49M
Expense Ratio
SMST
N/A
XUSP
0.79%
Max Drawdown
SMST
99.25%
Winner
XUSP
22.59%
Sharpe Ratio
Winner
SMST
1.54
XUSP
0.94
5Y Beta
Winner
SMST
-4.83
XUSP
1.18
SMST vs XUSP - Historical Returns
Returns include dividend reinvestment.
1M
SMST
-1.13%
Winner
XUSP
+0.06%
3M
Winner
SMST
+106.77%
XUSP
+4.97%
6M
SMST
-16.10%
Winner
XUSP
+7.50%
1Y
Winner
SMST
+192.41%
XUSP
+18.98%
Max(CAGR)
SMST
-82.87%
Winner
XUSP
+18.05%
SMST vs XUSP - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | SMST | XUSP |
|---|---|---|
| 2026 | -28.18% | +8.64% |
| 2025 | -39.90% | +18.56% |
| 2024 | -90.90% | +32.22% |
| 2023 | N/A | +27.01% |
| 2022 | N/A | -9.24% |
SMST vs XUSP 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 XUSP was -22.59%, occurring on Apr 8, 2025. Recovery took 143 trading sessions.
The current SMST drawdown is -97.38%. The current XUSP drawdown is -4.45%.
| Rank | SMST | XUSP |
|---|---|---|
| #1 | -99.25% Sep 6, 2024 - Jul 16, 2025 | -22.59% Dec 4, 2024 - Jul 3, 2025 |
| #2 | -18.07% Aug 22, 2024 - Sep 3, 2024 | -18.20% Aug 16, 2022 - Jun 13, 2023 |
| #3 | -3.13% Sep 3, 2024 - Sep 5, 2024 | -13.92% Jul 31, 2023 - Dec 13, 2023 |
| #4 | N/A | -12.13% Jan 12, 2026 - Apr 17, 2026 |
| #5 | N/A | -11.67% Jul 16, 2024 - Sep 19, 2024 |
| #6 | N/A | -7.91% Mar 28, 2024 - May 15, 2024 |
| #7 | N/A | -7.19% Oct 28, 2025 - Jan 9, 2026 |
| #8 | N/A | -6.26% Jun 2, 2026 - Jun 10, 2026 |
| #9 | N/A | -3.83% Oct 14, 2024 - Nov 6, 2024 |
| #10 | N/A | -3.51% Oct 8, 2025 - Oct 24, 2025 |
| #11 | N/A | -3.31% Jul 25, 2025 - Aug 12, 2025 |
| #12 | N/A | -3.11% Nov 8, 2024 - Nov 26, 2024 |
| #13 | N/A | -3.05% Dec 27, 2023 - Jan 19, 2024 |
| #14 | N/A | -3.03% May 14, 2026 - May 26, 2026 |
| #15 | N/A | -2.75% Jun 15, 2023 - Jun 30, 2023 |
Correlation
Correlation between SMST and XUSP is -0.39 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.
-0.39
-101
Select Stocks to Compare
Popular: SMST vs SPYXUSP vs SPY
More Comparisons
Compare with similar stocks