TEST vs NIOG

Comparison between YIELDMAX(R) TSLA PERFORMANCE & DISTRIBUTION TARGET 25(TM) ETF (TEST, ETF) and Leverage Shares 2X Long NIO Daily ETF (NIOG, ETF).

TEST vs NIOG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TEST(ETF)	NIOG(ETF)
Net Assets	$4.60M	$4.70M
Expense Ratio	1.01%	N/A
Max Drawdown	29.06%	56.27%
Sharpe Ratio	0.03	0.03
5Y Beta	1.65	2.33

Net Assets

TEST

$4.60M

Winner

NIOG

$4.70M

Expense Ratio

TEST

1.01%

NIOG

N/A

Max Drawdown

Winner

TEST

29.06%

NIOG

56.27%

Sharpe Ratio

Winner

TEST

0.03

NIOG

0.03

5Y Beta

Winner

TEST

1.65

NIOG

2.33

TEST vs NIOG - Holdings Comparison

TEST and NIOG have 0 common holdings. Overlap is 0.00%

TEST's top 25 holdings weight is 6.19%. NIOG's top 25 holdings weight is 9.66%.

Rank	TEST	NIOG
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 6.19%	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 9.66%
#2	N/A	N/A
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	1

TEST vs NIOG - Historical Returns

Returns include dividend reinvestment.

Period	TEST	NIOG
1 month	-4.08%	-12.77%
3 months	+0.88%	-49.72%
6 months	-6.36%	-15.22%
Max(CAGR)	-1.04%	-40.72%

Winner

TEST

-4.08%

NIOG

-12.77%

Winner

TEST

+0.88%

NIOG

-49.72%

Winner

TEST

-6.36%

NIOG

-15.22%

Max(CAGR)

Winner

TEST

-1.04%

NIOG

-40.72%

TEST vs NIOG - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	TEST	NIOG
2026	-6.51%	-32.08%
2025	+9.04%	+5.33%

TEST vs NIOG Drawdown Comparison

The maximum drawdown for TEST was -23.35%, occurring on Apr 8, 2026. This drawdown has not yet recovered.

The maximum drawdown for NIOG was -56.27%, occurring on Jul 21, 2026. This drawdown has not yet recovered.

The current TEST drawdown is -14.90%. The current NIOG drawdown is -56.27%.

Rank	TEST	NIOG
#1	-23.35% Dec 22, 2025 - Apr 8, 2026	-56.27% Apr 16, 2026 - Jul 21, 2026
#2	-3.69% Dec 16, 2025 - Dec 22, 2025	-37.67% Dec 30, 2025 - Mar 13, 2026
#3	-2.75% Nov 19, 2025 - Nov 24, 2025	-24.41% Mar 16, 2026 - Apr 1, 2026
#4	-2.25% Dec 5, 2025 - Dec 10, 2025	-8.69% Apr 8, 2026 - Apr 10, 2026
#5	-0.83% Dec 10, 2025 - Dec 12, 2025	-5.31% Dec 22, 2025 - Dec 26, 2025
#6	-0.04% Nov 28, 2025 - Dec 2, 2025	-4.22% Apr 14, 2026 - Apr 16, 2026
#7	N/A	-3.42% Apr 2, 2026 - Apr 8, 2026
#8	N/A	-0.39% Apr 10, 2026 - Apr 14, 2026

Correlation

Correlation between TEST and NIOG is -0.46 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.46

-101