ABNG vs. SNDU

Last updated Jul 12, 2026

ABNG (Leverage Shares 2x Long ABNB Daily ETF) and SNDU (T-REX 2X Long SNDK Daily Target ETF) are both Leveraged Equities funds. ABNG is actively managed, while SNDU is passively managed. At a 0.01 correlation, their price movements are largely independent. ABNG charges 0.75%/yr vs 1.50%/yr for SNDU.

Performance

ABNG vs. SNDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2x Long ABNB Daily ETF (ABNG) and T-REX 2X Long SNDK Daily Target ETF (SNDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ABNG

• 1D: 2.65%
• 1M: 26.74%
• 6M: 1.61%
• YTD: 6.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SNDU

• 1D: 6.28%
• 1M: -21.69%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ABNG vs. SNDU - Yearly Performance Comparison

	2026 (YTD)
ABNG Leverage Shares 2x Long ABNB Daily ETF	15.53%
SNDU T-REX 2X Long SNDK Daily Target ETF	461.44%

Correlation

The correlation between ABNG and SNDU is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.01

Return for Risk

ABNG vs. SNDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Long ABNB Daily ETF (ABNG) and T-REX 2X Long SNDK Daily Target ETF (SNDU). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

ABNG vs. SNDU - Drawdown Comparison

The maximum ABNG drawdown since its inception was -33.03%, smaller than the maximum SNDU drawdown of -56.44%. Use the drawdown chart below to compare losses from any high point for ABNG and SNDU.

Drawdown Indicators

	ABNG	SNDU	Difference
Max Drawdown Largest peak-to-trough decline	-33.03%	-56.44%	+23.41%
Current Drawdown Current decline from peak	-0.86%	-39.57%	+38.71%
Average Drawdown Average peak-to-trough decline	-11.64%	-13.78%	+2.14%

Volatility

Volatility by Period

	ABNG	SNDU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	64.03%	221.91%	-157.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.03%	221.91%	-157.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.03%	221.91%	-157.88%

ABNG vs. SNDU - Expense Ratio Comparison

ABNG has a 0.75% expense ratio, which is lower than SNDU's 1.50% expense ratio.

Dividends

ABNG vs. SNDU - Dividend Comparison

Neither ABNG nor SNDU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ABNG and SNDU in my portfolio?

ABNG and SNDU have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ABNG or SNDU?

On fees, ABNG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ABNG or SNDU?

ABNG is cheaper with a 0.75% expense ratio, compared with 1.50% for SNDU.

Which ETF pays a higher dividend yield, ABNG or SNDU?

ABNG and SNDU have nearly identical dividend yields, around 0.00%.

What is the main difference between ABNG and SNDU?

They also come from different issuers: Leverage Shares and T-Rex. Their fees differ too: 0.75% for ABNG and 1.50% for SNDU.