ADBG vs. BIDG

Last updated Jun 21, 2026

ADBG (Leverage Shares 2X Long ADBE Daily ETF) and BIDG (Leverage Shares 2X Long BIDU Daily ETF) are both Leveraged Equities funds from Leverage Shares. ADBG is actively managed, while BIDG is passively managed. At a correlation of -0.03, they often move in opposite directions. Both charge a 0.75% expense ratio.

Performance

ADBG vs. BIDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long ADBE Daily ETF (ADBG) and Leverage Shares 2X Long BIDU Daily ETF (BIDG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADBG achieves a -73.29% return, which is significantly lower than BIDG's -38.40% return.

ADBG

• 1D: -1.27%
• 1M: -38.79%
• YTD: -73.29%
• 6M: -74.17%
• 1Y: -79.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BIDG

• 1D: 0.32%
• 1M: -25.33%
• YTD: -38.40%
• 6M: -31.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ADBG vs. BIDG - Yearly Performance Comparison

	2026 (YTD)	2025
ADBG Leverage Shares 2X Long ADBE Daily ETF	-73.29%	-2.94%
BIDG Leverage Shares 2X Long BIDU Daily ETF	-38.40%	17.04%

Correlation

The correlation between ADBG and BIDG is -0.03, 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 Dec 18, 2025	-0.03

Return for Risk

ADBG vs. BIDG — Risk / Return Rank

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

ADBG

ADBG Risk / Return Rank: 0
ADBG Sharpe Ratio Rank: 1
ADBG Sortino Ratio Rank: 0
ADBG Omega Ratio Rank: 0
ADBG Calmar Ratio Rank: 0
ADBG Martin Ratio Rank: 0

BIDG

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

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.

ADBG vs. BIDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long ADBE Daily ETF (ADBG) and Leverage Shares 2X Long BIDU Daily ETF (BIDG). 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.

	ADBG	BIDG	Difference
Sharpe ratio: Return per unit of total volatility	-1.15	—	—
Sortino ratio: Return per unit of downside risk	-2.43	—	—
Omega ratio: Gain probability vs. loss probability	0.72	—	—
Calmar ratio: Return relative to maximum drawdown	-0.98	—	—
Martin ratio: Return relative to average drawdown	-1.70	—	—

Drawdowns

ADBG vs. BIDG - Drawdown Comparison

The maximum ADBG drawdown since its inception was -83.78%, which is greater than BIDG's maximum drawdown of -59.34%. Use the drawdown chart below to compare losses from any high point for ADBG and BIDG.

Drawdown Indicators

	ADBG	BIDG	Difference
Max Drawdown Largest peak-to-trough decline	-83.78%	-59.34%	-24.44%
Max Drawdown (1Y) Largest decline over 1 year	-80.82%	—	—
Current Drawdown Current decline from peak	-83.78%	-59.01%	-24.77%
Average Drawdown Average peak-to-trough decline	-42.79%	-33.92%	-8.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.54%	—	—

Volatility

Volatility by Period

	ADBG	BIDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	59.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	69.18%	103.20%	-34.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.89%	103.20%	-34.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.89%	103.20%	-34.31%

ADBG vs. BIDG - Expense Ratio Comparison

Both ADBG and BIDG have an expense ratio of 0.75%.

Dividends

ADBG vs. BIDG - Dividend Comparison

Neither ADBG nor BIDG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ADBG and BIDG in my portfolio?

ADBG and BIDG have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ADBG or BIDG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ADBG or BIDG?

ADBG and BIDG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, ADBG or BIDG?

ADBG and BIDG have nearly identical dividend yields, around 0.00%.