MicroSectors Solactive FANG Innovation 3X… (BULZ) Performance
BULZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +24.8% since Dec 31, 2025
- 1 year
- +15.7% total return
- 5 years
- +3.7% a year
- Since first price
- +5.6% a year since 2021
BULZ trailing returns vs SPY, QQQ, AGG
| Period | BULZ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −29.0% | −29.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.1% | +0.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +11.0% | +11.0% | +7.8% | +8.4% | −1.5% |
| YTD | +24.8% | +24.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.7% | +15.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +425.8%+73.9%/yr | +425.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +20.1%+3.7%/yr | +20.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionAug 18, 2021 | +32.7%+5.6%/yr | +32.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BULZ vs SPY
From Aug 18, 2021: BULZ grew to $13,265, SPY to $18,561.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BULZ returns by calendar year
3 of 4 full years positive. Best 2023 (+394.2%), worst 2022 (−92.3%). 2026 is year to date.
BULZ annual returns table
| Year | BULZ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +24.8% | −55.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +60.1% | −68.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +54.1% | −50.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +394.2% | −36.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −92.3% | −93.5% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BULZ largest drawdowns
Now 41.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 19, 2021 | −94.4% | Dec 28, 2022 | May 1, 2026 | 1.1 years | 4.4 years |
| Jun 1, 2026 | −55.3% | Jul 29, 2026 | not yet | 58 days | 5 months so far |
| Aug 30, 2021 | −22.7% | Oct 4, 2021 | Oct 28, 2021 | 35 days | 59 days |
| May 11, 2026 | −14.0% | May 19, 2026 | May 26, 2026 | 8 days | 15 days |
| Nov 8, 2021 | −10.8% | Nov 10, 2021 | Nov 19, 2021 | 2 days | 11 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BULZ risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +90.5% | +12.4% | +8.5% |
| Volatility (annualized) | 88.1% | 94.9% | 94.5% |
| Sharpe ratio | 1.06 | 0.53 | 0.49 |
| Sortino ratio | 2.58 | 0.95 | 0.88 |
| Best month | +86.8% | +86.8% | +86.8% |
| Worst month | −27.1% | −51.1% | −51.1% |
| Best 12 months | +294.7% | +394.2% | +394.2% |
| Worst 12 months | −24.3% | −92.3% | −92.3% |
| Positive months | 58% | 53% | 52% |
| Beta vs S&P 500 | 5.95 | 5.00 | — |
| Correlation with S&P 500 | 0.84 | 0.83 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BULZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 51 | −92.3% | +63.3% | +394.2% | 76% |
| 3-year (a year) | 27 | −23.3% | +65.8% | +130.2% | 70% |
| 5-year (a year) | 3 | +1.5% | +5.8% | +12.4% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
BULZ performance overview
MicroSectors Solactive FANG Innovation 3X… (BULZ) returned +15.7% over the past year and +3.7% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +5.6% a year, turning $10,000 into about $13,265. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −94.4%, from Nov 19, 2021 to Dec 28, 2022, and it took 3.3 years to get back to the old high. BULZ finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+394.2%) and the worst 2022 (−92.3%). Volatility has been 94.5% a year.
Related: BULZ chart, BULZ holdings, BULZ valuation. See the BULZ overview for the latest quote and fund facts.
BULZ performance FAQ
What is the BULZ return over the past year?
BULZ returned +15.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 15.7%.
What is the average annual return of BULZ?
BULZ has returned +3.7% a year over 5 years, +5.6% a year since August 18, 2021 (total return, distributions reinvested).
How much would $10,000 invested in BULZ be worth?
$10,000 invested in BULZ at its first recorded close on August 18, 2021 would be worth about $13,265 on October 23, 2026 with distributions reinvested.
What was the worst year for BULZ?
The worst calendar year was 2022, with a total return of −92.3%. The best was 2023 at +394.2%.
What is the biggest drawdown of BULZ?
The largest peak-to-trough decline was −94.4% between November 19, 2021 and December 28, 2022. It recovered to the old high on May 1, 2026, 3.3 years after the bottom.
How volatile is BULZ?
Over the past 3 years BULZ had an annualized volatility of 88.1% and a Sharpe ratio of 1.06 (excess return over 1–3 month T-bills per unit of risk).