SSPC vs IBHK

Comparison between Leverage Shares 2X Short SPCX Daily ETF (SSPC, ETF) and ISHARES IBONDS 2031 TERM HIGH YIELD AND INCOME ETF (IBHK, ETF).

SSPC vs IBHK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SSPC(ETF)	IBHK(ETF)
Net Assets	$64M	$64M
Expense Ratio	N/A	0.35%
Max Drawdown	21.52%	7.29%
Sharpe Ratio	5.66	0.25
5Y Beta	-3.68	0.24

Net Assets

SSPC

$64M

IBHK

$64M

Expense Ratio

SSPC

N/A

IBHK

0.35%

Max Drawdown

SSPC

21.52%

Winner

IBHK

7.29%

Sharpe Ratio

Winner

SSPC

5.66

IBHK

0.25

5Y Beta

Winner

SSPC

-3.68

IBHK

0.24

SSPC vs IBHK - Historical Returns

Returns include dividend reinvestment.

Period	SSPC	IBHK
1 month	+57.34%	-0.54%
3 months	N/A	+0.19%
6 months	N/A	+0.62%
1 year	N/A	+4.84%
Max(CAGR)	+161160.98%	+7.24%

Winner

SSPC

+57.34%

IBHK

-0.54%

SSPC

N/A

IBHK

+0.19%

SSPC

N/A

IBHK

+0.62%

SSPC

N/A

IBHK

+4.84%

Max(CAGR)

Winner

SSPC

+161160.98%

IBHK

+7.24%

SSPC vs IBHK - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	SSPC	IBHK
2026	+115.63%	+1.48%
2025	N/A	+8.73%
2024	N/A	+5.06%

SSPC vs IBHK Drawdown Comparison

The maximum drawdown for SSPC was -21.52%, occurring on Jun 30, 2026. Recovery took 7 trading sessions.

The maximum drawdown for IBHK was -4.83%, occurring on Apr 8, 2025. Recovery took 52 trading sessions.

The current SSPC drawdown is -5.05%. The current IBHK drawdown is -1.02%.

Rank	SSPC	IBHK
#1	-21.52% Jun 26, 2026 - Jul 8, 2026	-4.83% Feb 26, 2025 - May 12, 2025
#2	-10.38% Jun 15, 2026 - Jun 18, 2026	-2.82% Feb 20, 2026 - Apr 14, 2026
#3	-5.71% Jul 20, 2026 - Jul 22, 2026	-1.98% Dec 11, 2024 - Jan 24, 2025
#4	-5.05% Jul 22, 2026 - Jul 23, 2026	-1.69% Sep 23, 2024 - Dec 6, 2024
#5	-4.42% Jul 8, 2026 - Jul 10, 2026	-1.42% Oct 1, 2025 - Oct 27, 2025
#6	-2.11% Jun 22, 2026 - Jun 24, 2026	-1.16% May 6, 2026 - May 26, 2026
#7	N/A	-1.15% Oct 27, 2025 - Nov 25, 2025
#8	N/A	-1.06% May 13, 2025 - May 29, 2025
#9	N/A	-1.02% Jul 7, 2026 - Jul 23, 2026
#10	N/A	-0.96% Jul 31, 2024 - Aug 13, 2024
#11	N/A	-0.87% Jul 3, 2025 - Aug 4, 2025
#12	N/A	-0.79% May 29, 2026 - Jun 15, 2026
#13	N/A	-0.70% May 24, 2024 - Jun 4, 2024
#14	N/A	-0.70% Apr 17, 2026 - May 6, 2026
#15	N/A	-0.68% Feb 5, 2025 - Feb 25, 2025

Correlation

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

-1.00

-101