XAPR vs SPAL

Comparison between FT VEST U.S. EQUITY ENHANCE & MODERATE BUFFER ETF - APRIL (XAPR, ETF) and GraniteShares 2x Long SpaceX Daily ETF (SPAL, ETF).

XAPR vs SPAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XAPR(ETF)	SPAL(ETF)
Net Assets	$31M	$31M
Expense Ratio	0.85%	N/A
Max Drawdown	6.18%	67.60%
Sharpe Ratio	1.48	-5.90
5Y Beta	0.32	4.84

Net Assets

XAPR

$31M

Winner

SPAL

$31M

Expense Ratio

XAPR

0.85%

SPAL

N/A

Max Drawdown

Winner

XAPR

6.18%

SPAL

67.60%

Sharpe Ratio

Winner

XAPR

1.48

SPAL

-5.90

5Y Beta

Winner

XAPR

0.32

SPAL

4.84

XAPR vs SPAL - Historical Returns

Returns include dividend reinvestment.

Period	XAPR	SPAL
1 month	+0.64%	-39.09%
3 months	+2.84%	N/A
6 months	+3.72%	N/A
1 year	+7.60%	N/A
Max(CAGR)	+11.12%	-100.00%

Winner

XAPR

+0.64%

SPAL

-39.09%

XAPR

+2.84%

SPAL

N/A

XAPR

+3.72%

SPAL

N/A

XAPR

+7.60%

SPAL

N/A

Max(CAGR)

Winner

XAPR

+11.12%

SPAL

-100.00%

XAPR vs SPAL - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	XAPR	SPAL
2026	+3.94%	-62.82%
2025	+12.56%	N/A
2024	+8.25%	N/A

XAPR vs SPAL Drawdown Comparison

The maximum drawdown for XAPR was -6.18%, occurring on Apr 8, 2025. Recovery took 18 trading sessions.

The maximum drawdown for SPAL was -67.60%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The current XAPR drawdown is -0.15%. The current SPAL drawdown is -65.72%.

Rank	XAPR	SPAL
#1	-6.18% Mar 24, 2025 - Apr 17, 2025	-67.60% Jun 16, 2026 - Jul 20, 2026
#2	-2.71% Jul 16, 2024 - Aug 15, 2024	N/A
#3	-1.27% May 29, 2026 - Jun 15, 2026	N/A
#4	-1.26% Aug 30, 2024 - Sep 13, 2024	N/A
#5	-1.08% Apr 17, 2025 - Apr 22, 2025	N/A
#6	-1.07% Feb 19, 2025 - Mar 21, 2025	N/A
#7	-0.84% May 19, 2025 - Jun 2, 2025	N/A
#8	-0.75% Jun 15, 2026 - Jul 6, 2026	N/A
#9	-0.70% Apr 26, 2024 - May 3, 2024	N/A
#10	-0.66% Nov 11, 2025 - Nov 25, 2025	N/A
#11	-0.64% Dec 11, 2024 - Dec 24, 2024	N/A
#12	-0.51% May 28, 2024 - Jun 5, 2024	N/A
#13	-0.45% Jul 15, 2026 - Jul 20, 2026	N/A
#14	-0.45% Oct 29, 2024 - Nov 6, 2024	N/A
#15	-0.44% May 2, 2025 - May 12, 2025	N/A

Correlation

Correlation between XAPR and SPAL is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101