ADBU vs. BEG

Last updated Jun 4, 2026

ADBU (Direxion Daily ADBE Bull 2X ETF) and BEG (Leverage Shares 2X Long BE Daily ETF) are both Leveraged Equities funds. ADBU is passively managed, while BEG is actively managed. At a correlation of -0.41, they often move in opposite directions. ADBU charges 0.97%/yr vs 0.75%/yr for BEG.

Performance

ADBU vs. BEG - Performance Comparison

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

Returns By Period

ADBU

• 1D: -4.40%
• 1M: -0.73%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEG

• 1D: -9.38%
• 1M: -7.23%
• YTD: 552.25%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ADBU vs. BEG - Yearly Performance Comparison

	2026 (YTD)
ADBU Direxion Daily ADBE Bull 2X ETF	9.96%
BEG Leverage Shares 2X Long BE Daily ETF	189.56%

Correlation

The correlation between ADBU and BEG is -0.41, 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 (All Time) Calculated using the full available price history since Mar 26, 2026	-0.41

Return for Risk

ADBU vs. BEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily ADBE Bull 2X ETF (ADBU) and Leverage Shares 2X Long BE Daily ETF (BEG). 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.

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

Sharpe Ratios by Period

	ADBU	BEG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	24.77	-24.05

Drawdowns

ADBU vs. BEG - Drawdown Comparison

The maximum ADBU drawdown since its inception was -16.09%, smaller than the maximum BEG drawdown of -59.85%. Use the drawdown chart below to compare losses from any high point for ADBU and BEG.

Drawdown Indicators

	ADBU	BEG	Difference
Max Drawdown Largest peak-to-trough decline	-16.09%	-59.85%	+43.76%
Current Drawdown Current decline from peak	-12.99%	-13.90%	+0.91%
Average Drawdown Average peak-to-trough decline	-6.33%	-16.14%	+9.81%

Volatility

Volatility by Period

	ADBU	BEG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	90.05%	213.85%	-123.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	90.05%	213.85%	-123.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	90.05%	213.85%	-123.80%

ADBU vs. BEG - Expense Ratio Comparison

ADBU has a 0.97% expense ratio, which is higher than BEG's 0.75% expense ratio.

Dividends

ADBU vs. BEG - Dividend Comparison

Neither ADBU nor BEG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ADBU and BEG in my portfolio?

ADBU and BEG have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ADBU or BEG?

On fees, BEG 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, ADBU or BEG?

BEG is cheaper with a 0.75% expense ratio, compared with 0.97% for ADBU.

Which ETF pays a higher dividend yield, ADBU or BEG?

ADBU and BEG have nearly identical dividend yields, around 0.00%.

What is the main difference between ADBU and BEG?

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.97% for ADBU and 0.75% for BEG.