TSMU vs NMB

Comparison between T-REX 2X LONG TSM DAILY TARGET ETF (TSMU, ETF) and Simplify National Muni Bond ETF (NMB, ETF).

TSMU vs NMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TSMU(ETF)	NMB(ETF)
Net Assets	$47M	$47M
Expense Ratio	N/A	0.52%
Max Drawdown	63.73%	15.60%
Sharpe Ratio	1.93	0.21
5Y Beta	3.14	0.35

Net Assets

TSMU

$47M

NMB

$47M

Expense Ratio

TSMU

N/A

NMB

0.52%

Max Drawdown

TSMU

63.73%

Winner

NMB

15.60%

Sharpe Ratio

Winner

TSMU

1.93

NMB

0.21

5Y Beta

TSMU

3.14

Winner

NMB

0.35

TSMU vs NMB - Historical Returns

Returns include dividend reinvestment.

Period	TSMU	NMB
1 month	+7.73%	+1.19%
3 months	+27.43%	+1.96%
6 months	+72.34%	+0.76%
1 year	+219.51%	+5.76%
Max(CAGR)	+100.17%	+4.05%

Winner

TSMU

+7.73%

NMB

+1.19%

Winner

TSMU

+27.43%

NMB

+1.96%

Winner

TSMU

+72.34%

NMB

+0.76%

Winner

TSMU

+219.51%

NMB

+5.76%

Max(CAGR)

Winner

TSMU

+100.17%

NMB

+4.05%

TSMU vs NMB - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	TSMU	NMB
2026	+48.62%	+0.98%
2025	+68.62%	+7.48%
2024	+3.04%	-1.90%

TSMU vs NMB Drawdown Comparison

The maximum drawdown for TSMU was -63.73%, occurring on Apr 8, 2025. Recovery took 120 trading sessions.

The maximum drawdown for NMB was -13.67%, occurring on Apr 8, 2025. Recovery took 104 trading sessions.

The current TSMU drawdown is -13.74%. The current NMB drawdown is -1.68%.

Rank	TSMU	NMB
#1	-63.73% Jan 23, 2025 - Jul 17, 2025	-13.67% Dec 9, 2024 - May 12, 2025
#2	-35.18% Feb 25, 2026 - Apr 24, 2026	-7.26% May 13, 2025 - Oct 13, 2025
#3	-21.65% Oct 8, 2025 - Jan 2, 2026	-5.50% Oct 28, 2025 - Mar 24, 2026
#4	-17.03% Jan 6, 2025 - Jan 22, 2025	-3.24% Oct 1, 2024 - Nov 25, 2024
#5	-16.14% Jul 17, 2025 - Sep 9, 2025	-0.57% Oct 20, 2025 - Oct 24, 2025
#6	-13.74% Jun 2, 2026 - Jun 5, 2026	-0.51% Oct 13, 2025 - Oct 20, 2025
#7	-13.31% May 6, 2026 - May 27, 2026	-0.18% Sep 23, 2024 - Sep 27, 2024
#8	-12.01% Dec 5, 2024 - Dec 23, 2024	-0.18% Dec 4, 2024 - Dec 6, 2024
#9	-11.48% Nov 12, 2024 - Dec 2, 2024	-0.10% Sep 27, 2024 - Oct 1, 2024
#10	-10.52% Jan 16, 2026 - Feb 6, 2026	-0.09% Sep 16, 2024 - Sep 19, 2024
#11	-9.69% Dec 23, 2024 - Jan 3, 2025	N/A
#12	-7.74% Feb 11, 2026 - Feb 24, 2026	N/A
#13	-6.73% Sep 23, 2025 - Oct 1, 2025	N/A
#14	-6.33% Apr 27, 2026 - May 6, 2026	N/A
#15	-5.57% Jan 6, 2026 - Jan 12, 2026	N/A