XIMR vs SMST

Comparison between FT VEST U.S. EQUITY BUFFER & PREMIUM INCOME ETF - MARCH (XIMR, ETF) and DEFIANCE DAILY TARGET 2X SHORT MSTR ETF (SMST, ETF).

XIMR vs SMST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XIMR(ETF)	SMST(ETF)
Net Assets	$31M	$31M
Expense Ratio	0.85%	N/A
Max Drawdown	6.01%	99.25%
Sharpe Ratio	2.03	1.16
5Y Beta	0.21	-4.76

Net Assets

XIMR

$31M

Winner

SMST

$31M

Expense Ratio

XIMR

0.85%

SMST

N/A

Max Drawdown

Winner

XIMR

6.01%

SMST

99.25%

Sharpe Ratio

Winner

XIMR

2.03

SMST

1.16

5Y Beta

XIMR

0.21

Winner

SMST

-4.76

XIMR vs SMST - Historical Returns

Returns include dividend reinvestment.

Period	XIMR	SMST
1 month	+0.31%	+107.18%
3 months	+3.16%	-9.81%
6 months	+4.36%	-28.73%
1 year	+8.24%	+71.06%
Max(CAGR)	+7.31%	-86.54%

XIMR

+0.31%

Winner

SMST

+107.18%

Winner

XIMR

+3.16%

SMST

-9.81%

Winner

XIMR

+4.36%

SMST

-28.73%

XIMR

+8.24%

Winner

SMST

+71.06%

Max(CAGR)

Winner

XIMR

+7.31%

SMST

-86.54%

XIMR vs SMST - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	XIMR	SMST
2026	+3.80%	-41.18%
2025	+6.79%	-39.90%
2024	+5.40%	-90.90%

XIMR vs SMST Drawdown Comparison

The maximum drawdown for XIMR was -5.12%, occurring on Apr 8, 2025. Recovery took 33 trading sessions.

The maximum drawdown for SMST was -99.25%, occurring on Jul 16, 2025. This drawdown has not yet recovered.

The current XIMR drawdown is -0.50%. The current SMST drawdown is -97.85%.

Rank	XIMR	SMST
#1	-5.12% Mar 25, 2025 - May 12, 2025	-99.25% Sep 6, 2024 - Jul 16, 2025
#2	-1.88% Jul 15, 2024 - Aug 14, 2024	-18.07% Aug 22, 2024 - Sep 3, 2024
#3	-1.08% Mar 25, 2026 - Apr 1, 2026	-3.13% Sep 3, 2024 - Sep 5, 2024
#4	-1.08% Mar 28, 2024 - May 3, 2024	N/A
#5	-0.63% May 15, 2025 - May 27, 2025	N/A
#6	-0.50% May 29, 2026 - Jun 5, 2026	N/A
#7	-0.42% Aug 30, 2024 - Sep 11, 2024	N/A
#8	-0.41% Jun 10, 2025 - Jun 23, 2025	N/A
#9	-0.40% Dec 17, 2024 - Dec 27, 2024	N/A
#10	-0.35% Oct 9, 2025 - Oct 20, 2025	N/A
#11	-0.34% Nov 12, 2025 - Nov 24, 2025	N/A
#12	-0.32% Oct 28, 2024 - Nov 5, 2024	N/A
#13	-0.29% Jun 18, 2024 - Jun 28, 2024	N/A
#14	-0.28% Sep 27, 2024 - Oct 11, 2024	N/A
#15	-0.28% Oct 27, 2025 - Nov 11, 2025	N/A

Correlation

Correlation between XIMR and SMST is -0.53 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.53

-101