WARP vs QMNV

Comparison between VANECK SPACE ETF (WARP, ETF) and FT VEST NASDAQ-100 MODERATE BUFFER ETF - NOVEMBER (QMNV, ETF).

WARP vs QMNV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WARP(ETF)	QMNV(ETF)
Net Assets	$58M	$58M
Expense Ratio	0.50%	0.90%
Max Drawdown	50.07%	12.82%
Sharpe Ratio	-1.24	1.49
5Y Beta	3.00	0.59
P/E Ratio	-32.94	N/A
Debt to Equity	10.74%	N/A
P/S Ratio	8.58	N/A
P/B Ratio	5.80	N/A

Net Assets

Winner

WARP

$58M

QMNV

$58M

Expense Ratio

Winner

WARP

0.50%

QMNV

0.90%

Max Drawdown

WARP

50.07%

Winner

QMNV

12.82%

Sharpe Ratio

WARP

-1.24

Winner

QMNV

1.49

5Y Beta

WARP

3.00

Winner

QMNV

0.59

P/E Ratio

WARP

-32.94

QMNV

N/A

Debt to Equity

WARP

10.74%

QMNV

N/A

P/S Ratio

WARP

8.58

QMNV

N/A

P/B Ratio

WARP

5.80

QMNV

N/A

WARP vs QMNV - Historical Returns

Returns include dividend reinvestment.

Period	WARP	QMNV
1 month	-17.18%	+0.10%
3 months	-22.77%	+2.96%
6 months	N/A	+5.56%
1 year	N/A	+14.85%
Max(CAGR)	-70.65%	+14.07%

WARP

-17.18%

Winner

QMNV

+0.10%

WARP

-22.77%

Winner

QMNV

+2.96%

WARP

N/A

QMNV

+5.56%

WARP

N/A

QMNV

+14.85%

Max(CAGR)

WARP

-70.65%

Winner

QMNV

+14.07%

WARP vs QMNV - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	WARP	QMNV
2026	-22.77%	+6.49%
2025	N/A	+15.63%
2024	N/A	+1.28%

WARP vs QMNV Drawdown Comparison

The maximum drawdown for WARP was -50.07%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for QMNV was -12.82%, occurring on Apr 8, 2025. Recovery took 72 trading sessions.

The current WARP drawdown is -49.13%. The current QMNV drawdown is -1.05%.

Rank	WARP	QMNV
#1	-50.07% May 28, 2026 - Jul 20, 2026	-12.82% Feb 19, 2025 - Jun 3, 2025
#2	-3.25% May 14, 2026 - May 20, 2026	-5.73% Jan 28, 2026 - Apr 14, 2026
#3	-1.35% May 11, 2026 - May 13, 2026	-2.00% Dec 16, 2024 - Jan 22, 2025
#4	-0.57% May 20, 2026 - May 22, 2026	-1.87% Jun 1, 2026 - Jun 15, 2026
#5	N/A	-1.64% Dec 10, 2025 - Dec 23, 2025
#6	N/A	-1.62% Jan 23, 2025 - Feb 13, 2025
#7	N/A	-1.34% Jan 9, 2026 - Jan 26, 2026
#8	N/A	-1.12% Jun 15, 2026 - Jul 10, 2026
#9	N/A	-1.05% Jul 10, 2026 - Jul 23, 2026
#10	N/A	-1.00% Aug 14, 2025 - Aug 28, 2025
#11	N/A	-0.95% Jul 28, 2025 - Aug 6, 2025
#12	N/A	-0.85% Oct 9, 2025 - Oct 20, 2025
#13	N/A	-0.79% Jun 10, 2025 - Jun 23, 2025
#14	N/A	-0.75% Aug 28, 2025 - Sep 4, 2025
#15	N/A	-0.66% Dec 26, 2025 - Jan 6, 2026