TSMZ vs PZIV

Comparison between DIREXION DAILY TSM BEAR 1X SHARES (TSMZ, ETF) and Pzena International Value (PZIV, ETF).

TSMZ vs PZIV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TSMZ(ETF)	PZIV(ETF)
Net Assets	$2.70M	$2.70M
Expense Ratio	1.01%	0.70%
Max Drawdown	72.47%	3.53%
Sharpe Ratio	-2.13	3.07
5Y Beta	-1.52	1.05

Net Assets

TSMZ

$2.70M

PZIV

$2.70M

Expense Ratio

TSMZ

1.01%

Winner

PZIV

0.70%

Max Drawdown

TSMZ

72.47%

Winner

PZIV

3.53%

Sharpe Ratio

TSMZ

-2.13

Winner

PZIV

3.07

5Y Beta

Winner

TSMZ

-1.52

PZIV

1.05

TSMZ vs PZIV - Historical Returns

Returns include dividend reinvestment.

Period	TSMZ	PZIV
1 month	-6.52%	+4.39%
3 months	-18.04%	N/A
6 months	-33.04%	N/A
1 year	-54.92%	N/A
Max(CAGR)	-45.91%	+68.81%

TSMZ

-6.52%

Winner

PZIV

+4.39%

TSMZ

-18.04%

PZIV

N/A

TSMZ

-33.04%

PZIV

N/A

TSMZ

-54.92%

PZIV

N/A

Max(CAGR)

TSMZ

-45.91%

Winner

PZIV

+68.81%

TSMZ vs PZIV - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	TSMZ	PZIV
2026	-26.75%	+9.77%
2025	-40.79%	N/A
2024	-11.20%	N/A

TSMZ vs PZIV 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 PZIV was -3.53%, occurring on Apr 29, 2026. Recovery took 13 trading sessions.

The current TSMZ drawdown is -69.64%. The current PZIV drawdown is -2.19%.

Rank	TSMZ	PZIV
#1	-71.59% Apr 8, 2025 - Jun 2, 2026	-3.53% Apr 17, 2026 - May 6, 2026
#2	-22.49% Oct 3, 2024 - Mar 28, 2025	-2.19% Jun 4, 2026 - Jun 5, 2026
#3	-3.02% Mar 28, 2025 - Apr 3, 2025	-1.45% May 6, 2026 - May 8, 2026
#4	N/A	-0.94% May 14, 2026 - May 18, 2026
#5	N/A	-0.69% May 18, 2026 - May 20, 2026
#6	N/A	-0.38% May 21, 2026 - May 26, 2026
#7	N/A	-0.35% Apr 9, 2026 - Apr 13, 2026
#8	N/A	-0.33% Apr 1, 2026 - Apr 6, 2026
#9	N/A	-0.31% May 26, 2026 - May 28, 2026
#10	N/A	-0.30% Apr 14, 2026 - Apr 16, 2026
#11	N/A	-0.29% May 11, 2026 - May 13, 2026
#12	N/A	-0.25% Jun 2, 2026 - Jun 4, 2026
#13	N/A	-0.00% Apr 6, 2026 - Apr 8, 2026

Correlation

Correlation between TSMZ and PZIV is -0.99 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.99

-101