ZTWO vs TNXT
Comparison between F/M 2-YEAR INVESTMENT GRADE CORPORATE BOND ETF (ZTWO, ETF) and T. ROWE PRICE INNOVATION LEADERS ETF (TNXT, ETF).
ZTWO vs TNXT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
ZTWO
$18M
TNXT
$18M
Expense Ratio
Winner
ZTWO
0.15%
TNXT
0.49%
Max Drawdown
Winner
ZTWO
1.31%
TNXT
12.97%
Sharpe Ratio
ZTWO
-0.13
Winner
TNXT
0.98
5Y Beta
Winner
ZTWO
0.02
TNXT
1.39
P/E Ratio
ZTWO
N/A
TNXT
58.84
Forward P/E
ZTWO
N/A
TNXT
21.18
5Y EPS CAGR
ZTWO
N/A
TNXT
29.08%
P/S Ratio
ZTWO
N/A
TNXT
2.25
P/B Ratio
ZTWO
N/A
TNXT
7.23
ZTWO vs TNXT - Historical Returns
Returns include dividend reinvestment.
1M
ZTWO
+0.33%
Winner
TNXT
+0.57%
3M
ZTWO
+0.57%
Winner
TNXT
+9.83%
6M
ZTWO
+1.07%
Winner
TNXT
+10.94%
1Y
ZTWO
+3.60%
TNXT
N/A
Max(CAGR)
ZTWO
+4.45%
Winner
TNXT
+24.50%
ZTWO vs TNXT - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | ZTWO | TNXT |
|---|---|---|
| 2026 | +1.14% | +10.94% |
| 2025 | +5.54% | N/A |
| 2024 | +0.36% | N/A |
ZTWO vs TNXT Drawdown Comparison
The maximum drawdown for ZTWO was -0.93%, occurring on Mar 26, 2026. Recovery took 47 trading sessions.
The maximum drawdown for TNXT was -12.97%, occurring on Mar 30, 2026. Recovery took 52 trading sessions.
The current ZTWO drawdown is -0.18%. The current TNXT drawdown is -1.74%.
| Rank | ZTWO | TNXT |
|---|---|---|
| #1 | -0.93% Feb 27, 2026 - May 6, 2026 | -12.97% Jan 29, 2026 - Apr 15, 2026 |
| #2 | -0.67% Apr 3, 2025 - Apr 24, 2025 | -6.43% Jun 1, 2026 - Jun 30, 2026 |
| #3 | -0.31% Apr 30, 2025 - May 27, 2025 | -3.29% Jul 9, 2026 - Jul 20, 2026 |
| #4 | -0.28% Jun 16, 2026 - Jun 26, 2026 | -3.00% May 14, 2026 - May 26, 2026 |
| #5 | -0.27% Mar 10, 2025 - Mar 19, 2025 | -1.31% Apr 24, 2026 - May 1, 2026 |
| #6 | -0.26% May 6, 2026 - May 27, 2026 | -1.19% Apr 17, 2026 - Apr 24, 2026 |
| #7 | -0.24% Jul 2, 2026 - Jul 15, 2026 | -1.10% Jul 6, 2026 - Jul 9, 2026 |
| #8 | -0.23% May 29, 2026 - Jun 11, 2026 | -0.98% Jun 30, 2026 - Jul 6, 2026 |
| #9 | -0.23% Oct 24, 2025 - Nov 11, 2025 | -0.65% May 11, 2026 - May 13, 2026 |
| #10 | -0.23% Jun 30, 2025 - Jul 21, 2025 | -0.61% May 6, 2026 - May 8, 2026 |
| #11 | -0.21% Sep 16, 2025 - Oct 1, 2025 | -0.29% May 28, 2026 - Jun 1, 2026 |
| #12 | -0.20% Dec 30, 2024 - Jan 15, 2025 | N/A |
| #13 | -0.18% Jul 15, 2026 - Jul 21, 2026 | N/A |
| #14 | -0.18% Jun 4, 2025 - Jun 11, 2025 | N/A |
| #15 | -0.17% Feb 5, 2025 - Feb 14, 2025 | N/A |
Correlation
Correlation between ZTWO and TNXT is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.
0.91
-101
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