APHU vs. TERG

Last updated Jul 17, 2026

APHU (T-REX 2X Long APH Daily Target ETF) and TERG (Leverage Shares 2X Long TER Daily ETF) are both Leveraged Equities funds. APHU is passively managed, while TERG is actively managed. A 0.52 correlation means they provide meaningful diversification when combined. APHU charges 1.50%/yr vs 0.75%/yr for TERG.

Performance

APHU vs. TERG - Performance Comparison

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

Returns By Period

APHU

• 1D: -5.23%
• 1M: -9.57%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TERG

• 1D: -11.75%
• 1M: -44.81%
• 6M: 28.86%
• YTD: 74.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

APHU vs. TERG - Yearly Performance Comparison

	2026 (YTD)
APHU T-REX 2X Long APH Daily Target ETF	-9.09%
TERG Leverage Shares 2X Long TER Daily ETF	-25.33%

Correlation

The correlation between APHU and TERG is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 18, 2026	0.52

Return for Risk

APHU vs. TERG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long APH Daily Target ETF (APHU) and Leverage Shares 2X Long TER Daily ETF (TERG). 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

APHU vs. TERG - Drawdown Comparison

The maximum APHU drawdown since its inception was -43.51%, smaller than the maximum TERG drawdown of -58.90%. Use the drawdown chart below to compare losses from any high point for APHU and TERG.

Drawdown Indicators

	APHU	TERG	Difference
Max Drawdown Largest peak-to-trough decline	-43.51%	-58.90%	+15.39%
Current Drawdown Current decline from peak	-25.56%	-58.90%	+33.34%
Average Drawdown Average peak-to-trough decline	-18.79%	-16.56%	-2.23%

Volatility

Volatility by Period

	APHU	TERG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	94.12%	154.92%	-60.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	94.12%	154.92%	-60.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.12%	154.92%	-60.80%

APHU vs. TERG - Expense Ratio Comparison

APHU has a 1.50% expense ratio, which is higher than TERG's 0.75% expense ratio.

Dividends

APHU vs. TERG - Dividend Comparison

Neither APHU nor TERG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both APHU and TERG in my portfolio?

APHU and TERG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, APHU or TERG?

On fees, TERG 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, APHU or TERG?

TERG is cheaper with a 0.75% expense ratio, compared with 1.50% for APHU.

Which ETF pays a higher dividend yield, APHU or TERG?

APHU and TERG have nearly identical dividend yields, around 0.00%.

What is the main difference between APHU and TERG?

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