Leverage Shares 2x Long NEM Daily ETF (NEMG) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NEMG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NEMG
NEMG charges 0.75% annually. There are 4 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 43.18M | Mar 2026 | NEMG vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.07M | Sep 2021 | NEMG vs IFED | |
| Corgi BRKB 2x Daily ETF | 0.45% | — | Jul 2026 | NEMG vs BRKL | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 260.25M | May 2014 | NEMG vs SPUU | |
| Leverage Shares 2X Long OKTA Daily ETF | 0.75% | 2.54M | Nov 2025 | NEMG vs OKTG |
Best Risk-Adjusted Alternatives to NEMG
Among 284 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 3.86B | Oct 2024 | NEMG vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 531.06M | Nov 2024 | NEMG vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.69M | Apr 2021 | NEMG vs XTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 282.58M | Feb 2025 | NEMG vs INTW | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.37M | Apr 2021 | NEMG vs QTAP |
Top Performing NEMG Alternatives (YTD)
NEMG is at -28.92% YTD. There are 234 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 615.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 615.57% | 101.24M | Feb 2025 | NEMG vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 372.51% | 3.86B | Oct 2024 | NEMG vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 359.36% | 531.06M | Nov 2024 | NEMG vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 259.95% | 63.06M | Nov 2025 | NEMG vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 259.86% | 282.58M | Feb 2025 | NEMG vs INTW |
Lowest Volatility Alternatives to NEMG
NEMG has 98.91% 1-year volatility. There are 262 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.93% | 22.69M | Apr 2021 | NEMG vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.61% | 20.37M | Apr 2021 | NEMG vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.79% | 13.42M | Jul 2021 | NEMG vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.98% | 69.34M | Apr 2021 | NEMG vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 11.72% | 19.11M | Jul 2021 | NEMG vs QTJL |
Lowest Drawdown Alternatives to NEMG
Among 284 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.69M | Apr 2021 | NEMG vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.81% | 20.37M | Apr 2021 | NEMG vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.42M | Jul 2021 | NEMG vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -8.48% | 19.11M | Jul 2021 | NEMG vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.34M | Apr 2021 | NEMG vs XDSQ |
Other ETFs from Leverage Shares
The 10 most viewed Leverage Shares ETFs shown here include AMDG, TSMG, NVDG and span 1 categories. AUM among these funds goes as high as $90M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Leverage Shares 2X Long AMD Daily ETF | Leveraged Equities | 86 | 230.68% | 27.10M | Jan 2025 | NEMG vs AMDG | |
| Leverage Shares 2X Long TSM Daily ETF | Leveraged Equities | 66 | 48.29% | 31.37M | Jan 2025 | NEMG vs TSMG | |
| Leverage Shares 2X Long NVDA Daily ETF | Leveraged Equities | 13 | -0.36% | — | Dec 2024 | NEMG vs NVDG | |
| Leverage Shares 2X Long ARM Daily ETF | Leveraged Equities | 29 | 190.00% | 53.21M | Jan 2025 | NEMG vs ARMG | |
| Leverage Shares 2X Long HOOD Daily ETF | Leveraged Equities | 6 | -60.99% | 50.42M | Mar 2025 | NEMG vs HOOG | |
| Leverage Shares 2X Long TSLA Daily ETF | Leveraged Equities | 8 | -61.16% | — | Dec 2024 | NEMG vs TSLG | |
| Leverage Shares 2X Long NBIS Daily ETF | Leveraged Equities | — | 126.41% | 90.40M | Oct 2025 | NEMG vs NBIG | |
| Leverage Shares 2X Long BMNR Daily ETF | Leveraged Equities | — | -78.09% | 34.62M | Oct 2025 | NEMG vs BMNG | |
| Leverage Shares 2X Long TER Daily ETF | Leveraged Equities | — | 118.24% | 7.94M | Nov 2025 | NEMG vs TERG | |
| Leverage Shares 2X Long ASML Daily ETF | Leveraged Equities | 93 | 86.81% | 33.49M | Jan 2025 | NEMG vs ASMG |
Often Compared With NEMG
Investors most often compare NEMG with METU, AAPX, AAPU. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare NEMG with Any Fund or Stock
Compare NEMG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NEMG with funds that move differently
Leverage Shares 2x Long NEM Daily ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NEMG.
Explore NEMG Diversifiers