ALBG vs. GEVG

Last updated Jun 20, 2026

ALBG (Leverage Shares 2X Long ALB Daily ETF) and GEVG (Leverage Shares 2X Long GEV Daily ETF) are both Leveraged Equities funds from Leverage Shares. ALBG is passively managed, while GEVG is actively managed. At a 0.24 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

ALBG vs. GEVG - Performance Comparison

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

Returns By Period

ALBG

• 1D: -7.69%
• 1M: -15.69%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GEVG

• 1D: 2.47%
• 1M: 13.33%
• YTD: 153.10%
• 6M: 146.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ALBG vs. GEVG - Yearly Performance Comparison

	2026 (YTD)
ALBG Leverage Shares 2X Long ALB Daily ETF	-31.84%
GEVG Leverage Shares 2X Long GEV Daily ETF	167.22%

Correlation

The correlation between ALBG and GEVG is 0.24, 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 Jan 13, 2026	0.24

Return for Risk

ALBG vs. GEVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long ALB Daily ETF (ALBG) and Leverage Shares 2X Long GEV Daily ETF (GEVG). 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

ALBG vs. GEVG - Drawdown Comparison

The maximum ALBG drawdown since its inception was -56.06%, which is greater than GEVG's maximum drawdown of -45.50%. Use the drawdown chart below to compare losses from any high point for ALBG and GEVG.

Drawdown Indicators

	ALBG	GEVG	Difference
Max Drawdown Largest peak-to-trough decline	-56.06%	-45.50%	-10.56%
Current Drawdown Current decline from peak	-48.75%	-9.37%	-39.38%
Average Drawdown Average peak-to-trough decline	-26.10%	-11.23%	-14.87%

Volatility

Volatility by Period

	ALBG	GEVG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	124.71%	98.59%	+26.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	124.71%	98.59%	+26.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	124.71%	98.59%	+26.12%

ALBG vs. GEVG - Expense Ratio Comparison

Both ALBG and GEVG have an expense ratio of 0.75%.

Dividends

ALBG vs. GEVG - Dividend Comparison

Neither ALBG nor GEVG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ALBG and GEVG in my portfolio?

ALBG and GEVG have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ALBG or GEVG?

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, ALBG or GEVG?

ALBG and GEVG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, ALBG or GEVG?

ALBG and GEVG have nearly identical dividend yields, around 0.00%.