SNAG vs QCMD

Comparison between Leverage Shares 2x Long SNAP Daily ETF (SNAG, ETF) and Direxion Daily QCOM Bear 1X ETF (QCMD, ETF).

SNAG vs QCMD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SNAG(ETF)	QCMD(ETF)
Net Assets	$2.20M	$2.30M
Expense Ratio	N/A	1.00%
Max Drawdown	81.94%	56.03%
Sharpe Ratio	-1.14	-0.79
5Y Beta	4.61	-1.93

Net Assets

SNAG

$2.20M

Winner

QCMD

$2.30M

Expense Ratio

SNAG

N/A

QCMD

1.00%

Max Drawdown

SNAG

81.94%

Winner

QCMD

56.03%

Sharpe Ratio

SNAG

-1.14

Winner

QCMD

-0.79

5Y Beta

SNAG

4.61

Winner

QCMD

-1.93

SNAG vs QCMD - Historical Returns

Returns include dividend reinvestment.

Period	SNAG	QCMD
1 month	-12.83%	-7.83%
3 months	+12.78%	-46.66%
6 months	-62.26%	-28.67%
1 year	N/A	-39.61%
Max(CAGR)	-86.77%	-40.75%

SNAG

-12.83%

Winner

QCMD

-7.83%

Winner

SNAG

+12.78%

QCMD

-46.66%

SNAG

-62.26%

Winner

QCMD

-28.67%

SNAG

N/A

QCMD

-39.61%

Max(CAGR)

SNAG

-86.77%

Winner

QCMD

-40.75%

SNAG vs QCMD - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	SNAG	QCMD
2026	-66.49%	-30.90%
2025	+11.30%	-11.76%

SNAG vs QCMD Drawdown Comparison

The maximum drawdown for SNAG was -81.94%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for QCMD was -56.03%, occurring on Jun 3, 2026. This drawdown has not yet recovered.

The current SNAG drawdown is -71.26%. The current QCMD drawdown is -49.72%.

Rank	SNAG	QCMD
#1	-81.94% Jan 6, 2026 - Mar 27, 2026	-56.03% Apr 7, 2026 - Jun 3, 2026
#2	-3.57% Dec 22, 2025 - Dec 30, 2025	-23.92% Aug 7, 2025 - Feb 5, 2026
#3	-1.52% Dec 18, 2025 - Dec 22, 2025	-6.60% Feb 5, 2026 - Mar 10, 2026
#4	N/A	-5.77% Jul 17, 2025 - Jul 31, 2025
#5	N/A	-3.88% Jun 25, 2025 - Jul 14, 2025
#6	N/A	-1.63% Mar 16, 2026 - Mar 23, 2026
#7	N/A	-1.50% Mar 24, 2026 - Mar 27, 2026
#8	N/A	-1.20% Mar 30, 2026 - Apr 2, 2026
#9	N/A	-1.00% Jul 31, 2025 - Aug 5, 2025
#10	N/A	-0.18% Jul 14, 2025 - Jul 16, 2025