SPCM vs ICOI

Comparison between Tradr 2X Long SpaceX Daily ETF (SPCM, ETF) and BITWISE COIN OPTION INCOME STRATEGY ETF (ICOI, ETF).

SPCM vs ICOI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPCM(ETF)	ICOI(ETF)
Net Assets	$18M	$18M
Expense Ratio	N/A	0.96%
Max Drawdown	70.23%	84.75%
Sharpe Ratio	-5.81	-1.42
5Y Beta	3.79	1.68

Net Assets

SPCM

$18M

Winner

ICOI

$18M

Expense Ratio

SPCM

N/A

ICOI

0.96%

Max Drawdown

Winner

SPCM

70.23%

ICOI

84.75%

Sharpe Ratio

SPCM

-5.81

Winner

ICOI

-1.42

5Y Beta

SPCM

3.79

Winner

ICOI

1.68

SPCM vs ICOI - Historical Returns

Returns include dividend reinvestment.

Period	SPCM	ICOI
1 month	-45.02%	-0.13%
3 months	N/A	-7.42%
6 months	N/A	-20.32%
1 year	N/A	-54.13%
Max(CAGR)	-100.00%	-23.57%

SPCM

-45.02%

Winner

ICOI

-0.13%

SPCM

N/A

ICOI

-7.42%

SPCM

N/A

ICOI

-20.32%

SPCM

N/A

ICOI

-54.13%

Max(CAGR)

SPCM

-100.00%

Winner

ICOI

-23.57%

SPCM vs ICOI - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	SPCM	ICOI
2026	-65.59%	-25.26%
2025	N/A	-9.52%

SPCM vs ICOI Drawdown Comparison

The maximum drawdown for SPCM was -70.23%, occurring on Jul 22, 2026. This drawdown has not yet recovered.

The maximum drawdown for ICOI was -59.71%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The current SPCM drawdown is -68.71%. The current ICOI drawdown is -55.87%.

Rank	SPCM	ICOI
#1	-70.23% Jun 16, 2026 - Jul 22, 2026	-59.71% Jul 18, 2025 - Jun 25, 2026
#2	N/A	-10.29% Apr 3, 2025 - Apr 9, 2025
#3	N/A	-7.97% May 22, 2025 - Jun 20, 2025
#4	N/A	-4.93% May 14, 2025 - May 16, 2025
#5	N/A	-4.33% Jun 24, 2025 - Jun 27, 2025
#6	N/A	-3.52% Apr 9, 2025 - Apr 14, 2025
#7	N/A	-2.47% Apr 14, 2025 - Apr 22, 2025
#8	N/A	-2.00% Jun 30, 2025 - Jul 2, 2025
#9	N/A	-1.20% May 2, 2025 - May 8, 2025
#10	N/A	-0.97% May 19, 2025 - May 22, 2025
#11	N/A	-0.56% Jul 14, 2025 - Jul 16, 2025
#12	N/A	-0.54% Apr 29, 2025 - May 2, 2025
#13	N/A	-0.37% Apr 25, 2025 - Apr 29, 2025
#14	N/A	-0.25% Jul 7, 2025 - Jul 9, 2025

Correlation

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

-1.00

-101