ADBU vs. ORLG

Last updated Jul 17, 2026

ADBU (Direxion Daily ADBE Bull 2X ETF) and ORLG (Leverage Shares 2X Long ORLY Daily ETF) are both Leveraged Equities funds - ADBU tracks the Adobe Inc. while ORLG tracks the O'Reilly Automotive, Inc. (ORLY). Both are passively managed. At a 0.18 correlation, their price movements are largely independent. ADBU charges 0.97%/yr vs 0.75%/yr for ORLG.

Performance

ADBU vs. ORLG - 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 ORLY Daily ETF (ORLG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ADBU

• 1D: 9.31%
• 1M: 25.59%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ORLG

• 1D: 8.37%
• 1M: -11.93%
• 6M: -23.86%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ADBU vs. ORLG - Yearly Performance Comparison

	2026 (YTD)
ADBU Direxion Daily ADBE Bull 2X ETF	-11.14%
ORLG Leverage Shares 2X Long ORLY Daily ETF	-10.78%

Correlation

The correlation between ADBU and ORLG is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 25, 2026	0.18

Return for Risk

ADBU vs. ORLG - 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 ORLY Daily ETF (ORLG). 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

ADBU vs. ORLG - Drawdown Comparison

The maximum ADBU drawdown since its inception was -51.62%, which is greater than ORLG's maximum drawdown of -39.93%. Use the drawdown chart below to compare losses from any high point for ADBU and ORLG.

Drawdown Indicators

	ADBU	ORLG	Difference
Max Drawdown Largest peak-to-trough decline	-51.62%	-39.93%	-11.69%
Current Drawdown Current decline from peak	-29.69%	-34.91%	+5.22%
Average Drawdown Average peak-to-trough decline	-18.22%	-20.65%	+2.43%

Volatility

Volatility by Period

	ADBU	ORLG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	91.99%	59.08%	+32.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.99%	59.08%	+32.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.99%	59.08%	+32.91%

ADBU vs. ORLG - Expense Ratio Comparison

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

Dividends

ADBU vs. ORLG - Dividend Comparison

ADBU's dividend yield for the trailing twelve months is around 0.27%, while ORLG has not paid dividends to shareholders.

Position	TTM
ADBU Direxion Daily ADBE Bull 2X ETF	0.27%
ORLG Leverage Shares 2X Long ORLY Daily ETF	0.00%

Frequently Asked Questions

Can I hold both ADBU and ORLG in my portfolio?

ADBU and ORLG have a correlation of 0.18, 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 ORLG?

On fees, ORLG 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 ORLG?

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

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

ADBU has the higher dividend yield at 0.27%, compared with 0.00% for ORLG.

What is the main difference between ADBU and ORLG?

ADBU tracks Adobe Inc., while ORLG tracks O'Reilly Automotive, Inc. (ORLY). They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.97% for ADBU and 0.75% for ORLG.