WEPN vs FXP

Comparison between NICHOLAS DEFENSE AND RARE EARTH INCOME ETF (WEPN, ETF) and ProShares UltraShort FTSE China 50 -2x Shares (FXP, ETF).

WEPN vs FXP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WEPN(ETF)	FXP(ETF)
Net Assets	$7.50M	$7.60M
Expense Ratio	1.11%	N/A
Max Drawdown	18.88%	99.95%
Sharpe Ratio	-1.17	0.40
5Y Beta	1.50	-1.38
P/E Ratio	101.87	N/A
Forward P/E	22.86	N/A
Debt to Equity	49.80%	N/A
P/S Ratio	3.60	N/A
P/B Ratio	4.33	N/A

Net Assets

WEPN

$7.50M

Winner

FXP

$7.60M

Expense Ratio

WEPN

1.11%

FXP

N/A

Max Drawdown

Winner

WEPN

18.88%

FXP

99.95%

Sharpe Ratio

WEPN

-1.17

Winner

FXP

0.40

5Y Beta

WEPN

1.50

Winner

FXP

-1.38

P/E Ratio

WEPN

101.87

FXP

N/A

Forward P/E

WEPN

22.86

FXP

N/A

Debt to Equity

WEPN

49.80%

FXP

N/A

P/S Ratio

WEPN

3.60

FXP

N/A

P/B Ratio

WEPN

4.33

FXP

N/A

WEPN vs FXP - Historical Returns

Returns include dividend reinvestment.

Period	WEPN	FXP
1 month	-3.83%	-6.51%
3 months	-8.44%	+12.17%
6 months	N/A	+24.30%
1 year	N/A	+13.52%
5 years(CAGR)	N/A	-17.80%
10 years(CAGR)	N/A	-21.68%
Max(CAGR)	-31.62%	-28.33%

Winner

WEPN

-3.83%

FXP

-6.51%

WEPN

-8.44%

Winner

FXP

+12.17%

WEPN

N/A

FXP

+24.30%

WEPN

N/A

FXP

+13.52%

5Y(CAGR)

WEPN

N/A

FXP

-17.80%

10Y(CAGR)

WEPN

N/A

FXP

-21.68%

Max(CAGR)

WEPN

-31.62%

Winner

FXP

-28.33%

WEPN vs FXP - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	WEPN	FXP
2026	-13.56%	+27.10%
2025	N/A	-47.40%
2024	N/A	-55.34%
2023	N/A	+21.39%
2022	N/A	-11.90%
2021	N/A	+22.73%
2020	N/A	-35.99%
2019	N/A	-30.31%
2018	N/A	+20.64%
2017	N/A	-48.45%
2016	N/A	-23.92%
2015	N/A	-0.52%
2014	N/A	-35.05%
2013	N/A	-6.77%
2012	N/A	-38.25%
2011	N/A	+4.01%
2010	N/A	-24.99%
2009	N/A	-72.69%
2008	N/A	-54.86%
2007	N/A	-2.90%

WEPN vs FXP Drawdown Comparison

The maximum drawdown for WEPN was -16.23%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for FXP was -99.94%, occurring on Oct 2, 2025. This drawdown has not yet recovered.

The current WEPN drawdown is -15.44%. The current FXP drawdown is -99.92%.

Rank	WEPN	FXP
#1	-16.23% Jun 1, 2026 - Jul 20, 2026	-99.94% Oct 27, 2008 - Oct 2, 2025
#2	-15.13% Mar 4, 2026 - Jun 1, 2026	-48.23% Mar 19, 2008 - Sep 15, 2008
#3	N/A	-45.03% Oct 9, 2008 - Oct 27, 2008
#4	N/A	-42.71% Sep 17, 2008 - Oct 9, 2008
#5	N/A	-33.23% Nov 12, 2007 - Jan 17, 2008
#6	N/A	-21.02% Feb 6, 2008 - Mar 10, 2008
#7	N/A	-19.18% Mar 10, 2008 - Mar 14, 2008
#8	N/A	-14.43% Jan 30, 2008 - Feb 6, 2008
#9	N/A	-10.30% Mar 17, 2008 - Mar 19, 2008
#10	N/A	-9.19% Jan 17, 2008 - Jan 22, 2008
#11	N/A	-6.67% Jan 22, 2008 - Jan 30, 2008
#12	N/A	-3.14% Sep 15, 2008 - Sep 17, 2008