SPAL vs ZIG

Comparison between GraniteShares 2x Long SpaceX Daily ETF (SPAL, ETF) and THE ACQUIRERS FUND (ZIG, ETF).

SPAL vs ZIG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPAL(ETF)	ZIG(ETF)
Net Assets	$31M	$31M
Expense Ratio	N/A	0.75%
Max Drawdown	67.60%	37.14%
Sharpe Ratio	-5.90	0.47
5Y Beta	4.84	0.89
P/E Ratio	N/A	13.67
Forward P/E	N/A	11.70
5Y Dividends CAGR	N/A	103.37%
5Y EPS CAGR	N/A	15.88%
Debt to Equity	N/A	-254.11%
P/S Ratio	N/A	1.38
P/B Ratio	N/A	2.69

Net Assets

SPAL

$31M

ZIG

$31M

Expense Ratio

SPAL

N/A

ZIG

0.75%

Max Drawdown

SPAL

67.60%

Winner

ZIG

37.14%

Sharpe Ratio

SPAL

-5.90

Winner

ZIG

0.47

5Y Beta

SPAL

4.84

Winner

ZIG

0.89

P/E Ratio

SPAL

N/A

ZIG

13.67

Forward P/E

SPAL

N/A

ZIG

11.70

5Y Dividends CAGR

SPAL

N/A

ZIG

103.37%

5Y EPS CAGR

SPAL

N/A

ZIG

15.88%

Debt to Equity

SPAL

N/A

ZIG

-254.11%

P/S Ratio

SPAL

N/A

ZIG

1.38

P/B Ratio

SPAL

N/A

ZIG

2.69

SPAL vs ZIG - Historical Returns

Returns include dividend reinvestment.

Period	SPAL	ZIG
1 month	-39.09%	+1.95%
3 months	N/A	-1.59%
6 months	N/A	+1.60%
1 year	N/A	+11.12%
5 years(CAGR)	N/A	+8.92%
Max(CAGR)	-100.00%	+7.55%

SPAL

-39.09%

Winner

ZIG

+1.95%

SPAL

N/A

ZIG

-1.59%

SPAL

N/A

ZIG

+1.60%

SPAL

N/A

ZIG

+11.12%

5Y(CAGR)

SPAL

N/A

ZIG

+8.92%

Max(CAGR)

SPAL

-100.00%

Winner

ZIG

+7.55%

SPAL vs ZIG - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	SPAL	ZIG
2026	-62.82%	+7.79%
2025	N/A	-2.98%
2024	N/A	+11.34%
2023	N/A	+36.79%
2022	N/A	-16.79%
2021	N/A	+36.86%
2020	N/A	-15.93%
2019	N/A	+9.07%

SPAL vs ZIG Drawdown Comparison

The maximum drawdown for SPAL was -67.60%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for ZIG was -37.14%, occurring on Mar 23, 2020. Recovery took 350 trading sessions.

The current SPAL drawdown is -65.72%. The current ZIG drawdown is -5.29%.

Rank	SPAL	ZIG
#1	-67.60% Jun 16, 2026 - Jul 20, 2026	-37.14% Dec 17, 2019 - May 10, 2021
#2	N/A	-29.75% Nov 25, 2024 - Apr 8, 2025
#3	N/A	-28.84% Dec 29, 2021 - Jul 13, 2023
#4	N/A	-13.19% Jul 24, 2019 - Nov 4, 2019
#5	N/A	-9.65% Aug 1, 2023 - Dec 1, 2023
#6	N/A	-9.20% Jul 31, 2024 - Oct 11, 2024
#7	N/A	-7.11% May 21, 2019 - Jun 28, 2019
#8	N/A	-6.31% May 10, 2021 - Jul 23, 2021
#9	N/A	-5.76% May 31, 2024 - Jul 15, 2024
#10	N/A	-5.64% Apr 1, 2024 - May 31, 2024
#11	N/A	-4.70% Dec 27, 2023 - Jan 30, 2024
#12	N/A	-4.66% Aug 30, 2021 - Oct 20, 2021
#13	N/A	-4.14% Jan 30, 2024 - Feb 12, 2024
#14	N/A	-3.92% Oct 17, 2024 - Nov 6, 2024
#15	N/A	-3.46% Feb 12, 2024 - Feb 27, 2024

Correlation

Correlation between SPAL and ZIG is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101