HIMZ vs. BAMU

Last updated Jun 4, 2026

HIMZ (Defiance Daily Target 2X Long HIMS ETF) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - HIMZ is a Leveraged Equities fund actively managed by Defiance, while BAMU is a Ultrashort Bond fund actively managed by Brookstone. Both are actively managed. Over the past year, HIMZ returned -93.56% vs 2.93% for BAMU. At a correlation of -0.05, they often move in opposite directions. HIMZ charges 1.31%/yr vs 1.09%/yr for BAMU.

Performance

HIMZ vs. BAMU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long HIMS ETF (HIMZ) and Brookstone Ultra-Short Bond ETF (BAMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIMZ achieves a -58.85% return, which is significantly lower than BAMU's 1.06% return.

HIMZ

• 1D: 0.06%
• 1M: -7.54%
• YTD: -58.85%
• 6M: -69.67%
• 1Y: -93.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BAMU

• 1D: 0.02%
• 1M: 0.20%
• YTD: 1.06%
• 6M: 1.25%
• 1Y: 2.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HIMZ vs. BAMU - Yearly Performance Comparison

	2026 (YTD)	2025
HIMZ Defiance Daily Target 2X Long HIMS ETF	-58.85%	-65.21%
BAMU Brookstone Ultra-Short Bond ETF	1.06%	2.58%

Correlation

The correlation between HIMZ and BAMU is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (All Time) Calculated using the full available price history since Mar 14, 2025	-0.05

HIMZ vs. BAMU - Sectors Allocation Comparison

Sectors	HIMZ	BAMU
Consumer Defensive	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Energy	-	-
Financial Services	-	98.8%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

HIMZ vs. BAMU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HIMZ

HIMZ Risk / Return Rank: 3
HIMZ Sharpe Ratio Rank: 5
HIMZ Sortino Ratio Rank: 4
HIMZ Omega Ratio Rank: 4
HIMZ Calmar Ratio Rank: 1
HIMZ Martin Ratio Rank: 3

BAMU

BAMU Risk / Return Rank: 98
BAMU Sharpe Ratio Rank: 97
BAMU Sortino Ratio Rank: 98
BAMU Omega Ratio Rank: 98
BAMU Calmar Ratio Rank: 99
BAMU Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HIMZ vs. BAMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long HIMS ETF (HIMZ) and Brookstone Ultra-Short Bond ETF (BAMU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	HIMZ	BAMU	Difference
Sharpe ratio: Return per unit of total volatility	-0.49	4.98	-5.47
Sortino ratio: Return per unit of downside risk	-0.60	8.77	-9.36
Omega ratio: Gain probability vs. loss probability	0.93	2.41	-1.48
Calmar ratio: Return relative to maximum drawdown	-0.96	24.89	-25.85
Martin ratio: Return relative to average drawdown	-1.18	97.89	-99.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HIMZ vs. BAMU - Sharpe Ratio Comparison

The current HIMZ Sharpe Ratio is -0.49, which is lower than the BAMU Sharpe Ratio of 4.98. The chart below compares the historical Sharpe Ratios of HIMZ and BAMU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HIMZ	BAMU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.49	4.98	-5.47
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	4.14	-4.54

Drawdowns

HIMZ vs. BAMU - Drawdown Comparison

The maximum HIMZ drawdown since its inception was -98.18%, which is greater than BAMU's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for HIMZ and BAMU.

Drawdown Indicators

	HIMZ	BAMU	Difference
Max Drawdown Largest peak-to-trough decline	-98.18%	-0.36%	-97.82%
Max Drawdown (1Y) Largest decline over 1 year	-98.04%	-0.12%	-97.92%
Current Drawdown Current decline from peak	-95.53%	0.00%	-95.53%
Average Drawdown Average peak-to-trough decline	-68.90%	-0.02%	-68.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	79.15%	0.03%	+79.12%

Volatility

HIMZ vs. BAMU - Volatility Comparison

Defiance Daily Target 2X Long HIMS ETF (HIMZ) has a higher volatility of 53.92% compared to Brookstone Ultra-Short Bond ETF (BAMU) at 0.07%. This indicates that HIMZ's price experiences larger fluctuations and is considered to be riskier than BAMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIMZ	BAMU	Difference
Volatility (1M) Calculated over the trailing 1-month period	53.92%	0.07%	+53.85%
Volatility (6M) Calculated over the trailing 6-month period	131.06%	0.43%	+130.63%
Volatility (1Y) Calculated over the trailing 1-year period	191.74%	0.59%	+191.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	200.34%	0.87%	+199.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	200.34%	0.87%	+199.47%

HIMZ vs. BAMU - Expense Ratio Comparison

HIMZ has a 1.31% expense ratio, which is higher than BAMU's 1.09% expense ratio.

Dividends

HIMZ vs. BAMU - Dividend Comparison

HIMZ's dividend yield for the trailing twelve months is around 5.94%, more than BAMU's 3.06% yield.

Position	TTM	2025	2024	2023
BAMU Brookstone Ultra-Short Bond ETF	3.06%	3.20%	3.97%	0.84%
HIMZ Defiance Daily Target 2X Long HIMS ETF	5.94%	2.44%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HIMZ and BAMU in my portfolio?

HIMZ and BAMU have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HIMZ or BAMU?

HIMZ has higher volatility (53.92%) compared to BAMU (0.07%). In terms of maximum drawdown, HIMZ dropped -98.18% vs BAMU's -0.36%.

Which ETF is better, HIMZ or BAMU?

On 1-year performance, BAMU leads with 2.93% vs -93.56% for HIMZ. On fees, BAMU is cheaper at 1.09% per year. On volatility, BAMU has been the lower-risk option at 0.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HIMZ or BAMU?

Over the 1-year period, BAMU has performed better with a 2.93% return vs -93.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HIMZ or BAMU?

BAMU is cheaper with a 1.09% expense ratio, compared with 1.31% for HIMZ.

Which ETF pays a higher dividend yield, HIMZ or BAMU?

HIMZ has the higher dividend yield at 5.94%, compared with 3.06% for BAMU.

What is the main difference between HIMZ and BAMU?

HIMZ is categorized as Leveraged Equities, while BAMU is Ultrashort Bond. They also come from different issuers: Defiance and Brookstone. Their fees differ too: 1.31% for HIMZ and 1.09% for BAMU.

Which has better risk-adjusted returns?

BAMU currently has the higher Sharpe Ratio (4.98 vs -0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.