TSMZ vs ARVR

Comparison between DIREXION DAILY TSM BEAR 1X SHARES (TSMZ, ETF) and FIRST TRUST INDXX METAVERSE ETF (ARVR, ETF).

TSMZ vs ARVR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TSMZ(ETF)	ARVR(ETF)
Net Assets	$2.70M	$2.80M
Expense Ratio	1.01%	0.70%
Max Drawdown	72.47%	26.25%
Sharpe Ratio	-2.01	0.96
5Y Beta	-1.53	1.13
P/E Ratio	N/A	57.14
Forward P/E	N/A	22.71
PEG Ratio	N/A	0.03
5Y EPS CAGR	N/A	26.84%
P/S Ratio	N/A	4.09
P/B Ratio	N/A	6.88

Net Assets

TSMZ

$2.70M

Winner

ARVR

$2.80M

Expense Ratio

TSMZ

1.01%

Winner

ARVR

0.70%

Max Drawdown

TSMZ

72.47%

Winner

ARVR

26.25%

Sharpe Ratio

TSMZ

-2.01

Winner

ARVR

0.96

5Y Beta

Winner

TSMZ

-1.53

ARVR

1.13

P/E Ratio

TSMZ

N/A

ARVR

57.14

Forward P/E

TSMZ

N/A

ARVR

22.71

PEG Ratio

TSMZ

N/A

ARVR

0.03

5Y EPS CAGR

TSMZ

N/A

ARVR

26.84%

P/S Ratio

TSMZ

N/A

ARVR

4.09

P/B Ratio

TSMZ

N/A

ARVR

6.88

TSMZ vs ARVR - Historical Returns

Returns include dividend reinvestment.

Period	TSMZ	ARVR
1 month	-7.56%	+2.06%
3 months	-23.20%	+23.01%
6 months	-34.77%	+14.55%
1 year	-53.32%	+24.62%
5 years(CAGR)	N/A	+17.06%
Max(CAGR)	-46.24%	+17.06%

TSMZ

-7.56%

Winner

ARVR

+2.06%

TSMZ

-23.20%

Winner

ARVR

+23.01%

TSMZ

-34.77%

Winner

ARVR

+14.55%

TSMZ

-53.32%

Winner

ARVR

+24.62%

5Y(CAGR)

TSMZ

N/A

ARVR

+17.06%

Max(CAGR)

TSMZ

-46.24%

Winner

ARVR

+17.06%

TSMZ vs ARVR - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	TSMZ	ARVR
2026	-28.36%	+12.07%
2025	-40.79%	+28.78%
2024	-11.20%	+13.46%
2023	N/A	+43.30%
2022	N/A	-17.28%

TSMZ vs ARVR Drawdown Comparison

The maximum drawdown for TSMZ was -71.59%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The maximum drawdown for ARVR was -26.25%, occurring on Oct 14, 2022. Recovery took 239 trading sessions.

The current TSMZ drawdown is -70.30%. The current ARVR drawdown is -4.74%.

Rank	TSMZ	ARVR
#1	-71.59% Apr 8, 2025 - Jun 2, 2026	-26.25% Apr 20, 2022 - Apr 3, 2023
#2	-22.49% Oct 3, 2024 - Mar 28, 2025	-21.46% Feb 19, 2025 - May 13, 2025
#3	-3.02% Mar 28, 2025 - Apr 3, 2025	-17.72% Oct 8, 2025 - Apr 30, 2026
#4	N/A	-15.41% Jul 16, 2024 - Nov 7, 2024
#5	N/A	-15.00% Jul 18, 2023 - Dec 8, 2023
#6	N/A	-10.54% Mar 12, 2024 - May 15, 2024
#7	N/A	-8.39% Jun 2, 2026 - Jun 10, 2026
#8	N/A	-6.55% Apr 3, 2023 - May 26, 2023
#9	N/A	-6.26% Dec 9, 2024 - Feb 10, 2025
#10	N/A	-5.29% Nov 7, 2024 - Dec 3, 2024
#11	N/A	-4.85% Dec 28, 2023 - Jan 24, 2024
#12	N/A	-4.43% Jun 15, 2023 - Jul 12, 2023
#13	N/A	-4.19% Jul 21, 2025 - Aug 12, 2025
#14	N/A	-4.08% May 11, 2026 - May 22, 2026
#15	N/A	-3.12% Feb 15, 2024 - Mar 1, 2024

Correlation

Correlation between TSMZ and ARVR is -0.90 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.90

-101