TSMZ vs EDGX

Comparison between DIREXION DAILY TSM BEAR 1X SHARES (TSMZ, ETF) and GLOBAL X U.S. 500 INCOME EDGE ETF (EDGX, ETF).

TSMZ vs EDGX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TSMZ(ETF)	EDGX(ETF)
Net Assets	$2.70M	$2.70M
Expense Ratio	1.01%	N/A
Max Drawdown	72.47%	8.36%
Sharpe Ratio	-2.01	1.55
5Y Beta	-1.53	0.92

Net Assets

TSMZ

$2.70M

EDGX

$2.70M

Expense Ratio

TSMZ

1.01%

EDGX

N/A

Max Drawdown

TSMZ

72.47%

Winner

EDGX

8.36%

Sharpe Ratio

TSMZ

-2.01

Winner

EDGX

1.55

5Y Beta

Winner

TSMZ

-1.53

EDGX

0.92

TSMZ vs EDGX - Historical Returns

Returns include dividend reinvestment.

Period	TSMZ	EDGX
1 month	-7.56%	+0.98%
3 months	-23.20%	+10.87%
6 months	-34.77%	N/A
1 year	-53.32%	N/A
Max(CAGR)	-46.24%	+29.20%

TSMZ

-7.56%

Winner

EDGX

+0.98%

TSMZ

-23.20%

Winner

EDGX

+10.87%

TSMZ

-34.77%

EDGX

N/A

TSMZ

-53.32%

EDGX

N/A

Max(CAGR)

TSMZ

-46.24%

Winner

EDGX

+29.20%

TSMZ vs EDGX - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	TSMZ	EDGX
2026	-28.36%	+8.32%
2025	-40.79%	N/A
2024	-11.20%	N/A

TSMZ vs EDGX 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 EDGX was -7.57%, occurring on Mar 30, 2026. Recovery took 33 trading sessions.

The current TSMZ drawdown is -70.30%. The current EDGX drawdown is -2.14%.

Rank	TSMZ	EDGX
#1	-71.59% Apr 8, 2025 - Jun 2, 2026	-7.57% Feb 25, 2026 - Apr 14, 2026
#2	-22.49% Oct 3, 2024 - Mar 28, 2025	-4.07% Jun 2, 2026 - Jun 10, 2026
#3	-3.02% Mar 28, 2025 - Apr 3, 2025	-1.54% May 14, 2026 - May 22, 2026
#4	N/A	-0.99% Feb 20, 2026 - Feb 25, 2026
#5	N/A	-0.84% Apr 17, 2026 - Apr 22, 2026
#6	N/A	-0.67% Apr 27, 2026 - Apr 30, 2026
#7	N/A	-0.34% Apr 22, 2026 - Apr 24, 2026
#8	N/A	-0.31% Feb 18, 2026 - Feb 20, 2026
#9	N/A	-0.25% May 6, 2026 - May 8, 2026
#10	N/A	-0.23% May 11, 2026 - May 13, 2026
#11	N/A	-0.21% May 1, 2026 - May 5, 2026

Correlation

Correlation between TSMZ and EDGX is -0.98 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.98

-101