UPSX vs HSMV

Comparison between TRADR 2X LONG UPST DAILY ETF (UPSX, ETF) and FIRST TRUST HORIZON MANAGED VOLATILITY SMALL/MID ETF (HSMV, ETF).

UPSX vs HSMV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UPSX(ETF)	HSMV(ETF)
Net Assets	$30M	$30M
Expense Ratio	N/A	0.80%
Max Drawdown	95.01%	19.84%
Sharpe Ratio	-0.74	0.30
5Y Beta	5.76	0.52
P/E Ratio	N/A	15.91
Forward P/E	N/A	14.75
5Y Dividends CAGR	N/A	27.74%
5Y EPS CAGR	N/A	7.29%
Debt to Equity	N/A	47.67%
P/S Ratio	N/A	1.56
P/B Ratio	N/A	1.71

Net Assets

UPSX

$30M

HSMV

$30M

Expense Ratio

UPSX

N/A

HSMV

0.80%

Max Drawdown

UPSX

95.01%

Winner

HSMV

19.84%

Sharpe Ratio

UPSX

-0.74

Winner

HSMV

0.30

5Y Beta

UPSX

5.76

Winner

HSMV

0.52

P/E Ratio

UPSX

N/A

HSMV

15.91

Forward P/E

UPSX

N/A

HSMV

14.75

5Y Dividends CAGR

UPSX

N/A

HSMV

27.74%

5Y EPS CAGR

UPSX

N/A

HSMV

7.29%

Debt to Equity

UPSX

N/A

HSMV

47.67%

P/S Ratio

UPSX

N/A

HSMV

1.56

P/B Ratio

UPSX

N/A

HSMV

1.71

UPSX vs HSMV - Historical Returns

Returns include dividend reinvestment.

Period	UPSX	HSMV
1 month	-15.48%	-1.11%
3 months	-8.77%	-1.10%
6 months	-71.48%	+5.36%
1 year	-86.80%	+6.55%
5 years(CAGR)	N/A	+4.01%
Max(CAGR)	-87.18%	+11.05%

UPSX

-15.48%

Winner

HSMV

-1.11%

UPSX

-8.77%

Winner

HSMV

-1.10%

UPSX

-71.48%

Winner

HSMV

+5.36%

UPSX

-86.80%

Winner

HSMV

+6.55%

5Y(CAGR)

UPSX

N/A

HSMV

+4.01%

Max(CAGR)

UPSX

-87.18%

Winner

HSMV

+11.05%

UPSX vs HSMV - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	UPSX	HSMV
2026	-69.27%	+4.50%
2025	-60.75%	+2.19%
2024	N/A	+13.29%
2023	N/A	+4.87%
2022	N/A	-9.51%
2021	N/A	+25.06%
2020	N/A	+34.69%

UPSX vs HSMV Drawdown Comparison

The maximum drawdown for UPSX was -95.01%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for HSMV was -19.16%, occurring on Sep 30, 2022. Recovery took 590 trading sessions.

The current UPSX drawdown is -93.37%. The current HSMV drawdown is -2.86%.

Rank	UPSX	HSMV
#1	-95.01% Jul 23, 2025 - Mar 30, 2026	-19.16% Jan 4, 2022 - May 10, 2024
#2	-20.57% Jun 11, 2025 - Jun 18, 2025	-15.45% Nov 25, 2024 - Feb 6, 2026
#3	-12.45% Jul 10, 2025 - Jul 22, 2025	-9.48% Aug 12, 2020 - Nov 9, 2020
#4	-7.19% Jun 24, 2025 - Jul 1, 2025	-8.83% Jun 8, 2020 - Aug 7, 2020
#5	-3.70% Jun 18, 2025 - Jun 24, 2025	-8.59% Apr 29, 2020 - May 26, 2020
#6	-0.90% Jul 7, 2025 - Jul 9, 2025	-7.83% Mar 2, 2026 - Mar 20, 2026
#7	N/A	-6.87% Nov 15, 2021 - Dec 28, 2021
#8	N/A	-5.35% Jul 30, 2024 - Aug 23, 2024
#9	N/A	-4.86% Sep 2, 2021 - Oct 21, 2021
#10	N/A	-4.38% Apr 9, 2020 - Apr 27, 2020
#11	N/A	-4.35% Jun 11, 2021 - Aug 27, 2021
#12	N/A	-4.07% Jan 25, 2021 - Feb 5, 2021
#13	N/A	-3.93% Mar 15, 2021 - Apr 5, 2021
#14	N/A	-3.84% May 15, 2024 - Jul 11, 2024
#15	N/A	-3.79% May 7, 2021 - Jun 8, 2021

Correlation

Correlation between UPSX and HSMV is -0.63 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.63

-101