SPAM vs ZETX

Comparison between THEMES CYBERSECURITY ETF (SPAM, ETF) and Defiance Daily Target 2x Long ZETA ETF (ZETX, ETF).

SPAM vs ZETX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPAM(ETF)	ZETX(ETF)
Net Assets	$3.20M	$3.20M
Expense Ratio	0.35%	N/A
Max Drawdown	24.39%	44.78%
Sharpe Ratio	0.63	0.76
5Y Beta	1.04	4.88
P/E Ratio	1060.85	N/A
Forward P/E	28.85	N/A
PEG Ratio	1.61	N/A
5Y EPS CAGR	9.99%	N/A
Debt to Equity	30.38%	N/A
P/S Ratio	4.65	N/A
P/B Ratio	5.82	N/A

Net Assets

SPAM

$3.20M

ZETX

$3.20M

Expense Ratio

SPAM

0.35%

ZETX

N/A

Max Drawdown

Winner

SPAM

24.39%

ZETX

44.78%

Sharpe Ratio

SPAM

0.63

Winner

ZETX

0.76

5Y Beta

Winner

SPAM

1.04

ZETX

4.88

P/E Ratio

SPAM

1060.85

ZETX

N/A

Forward P/E

SPAM

28.85

ZETX

N/A

PEG Ratio

SPAM

1.61

ZETX

N/A

5Y EPS CAGR

SPAM

9.99%

ZETX

N/A

Debt to Equity

SPAM

30.38%

ZETX

N/A

P/S Ratio

SPAM

4.65

ZETX

N/A

P/B Ratio

SPAM

5.82

ZETX

N/A

SPAM vs ZETX - Historical Returns

Returns include dividend reinvestment.

Period	SPAM	ZETX
1 month	+8.11%	+28.54%
3 months	+28.84%	+7.47%
6 months	+22.58%	N/A
1 year	+20.31%	N/A
Max(CAGR)	+18.93%	+15.65%

SPAM

+8.11%

Winner

ZETX

+28.54%

Winner

SPAM

+28.84%

ZETX

+7.47%

SPAM

+22.58%

ZETX

N/A

SPAM

+20.31%

ZETX

N/A

Max(CAGR)

Winner

SPAM

+18.93%

ZETX

+15.65%

SPAM vs ZETX - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	SPAM	ZETX
2026	+27.89%	+5.35%
2025	+4.91%	N/A
2024	+13.62%	N/A
2023	+5.42%	N/A

SPAM vs ZETX Drawdown Comparison

The maximum drawdown for SPAM was -24.02%, occurring on Feb 23, 2026. Recovery took 151 trading sessions.

The maximum drawdown for ZETX was -44.78%, occurring on Apr 10, 2026. Recovery took 57 trading sessions.

The current SPAM drawdown is -9.04%. The current ZETX drawdown is -37.04%.

Rank	SPAM	ZETX
#1	-24.02% Oct 9, 2025 - May 18, 2026	-44.78% Mar 9, 2026 - May 29, 2026
#2	-22.21% Feb 18, 2025 - Jun 26, 2025	-39.19% Jun 1, 2026 - Jun 10, 2026
#3	-13.19% Feb 9, 2024 - Oct 9, 2024	-29.94% Feb 4, 2026 - Feb 26, 2026
#4	-12.04% Jun 1, 2026 - Jun 10, 2026	-12.82% Feb 26, 2026 - Mar 4, 2026
#5	-7.63% Jun 30, 2025 - Sep 9, 2025	-1.18% Mar 5, 2026 - Mar 9, 2026
#6	-6.53% Dec 4, 2024 - Feb 4, 2025	N/A
#7	-6.00% Dec 26, 2023 - Jan 12, 2024	N/A
#8	-4.77% Nov 11, 2024 - Nov 26, 2024	N/A
#9	-4.49% Oct 14, 2024 - Nov 6, 2024	N/A
#10	-3.89% May 26, 2026 - May 29, 2026	N/A
#11	-2.31% Jan 29, 2024 - Feb 7, 2024	N/A
#12	-2.01% Sep 22, 2025 - Oct 2, 2025	N/A
#13	-1.95% Dec 19, 2023 - Dec 26, 2023	N/A
#14	-1.93% Oct 6, 2025 - Oct 8, 2025	N/A
#15	-1.76% Jan 12, 2024 - Jan 22, 2024	N/A