ASTX vs. NEMG
ASTX (Tradr 2X Long ASTS Daily ETF) and NEMG (Leverage Shares 2x Long NEM Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. ASTX charges 1.30%/yr vs 0.75%/yr for NEMG.
Performance
ASTX vs. NEMG - Performance Comparison
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Returns By Period
In the year-to-date period, ASTX achieves a -52.35% return, which is significantly lower than NEMG's -20.44% return.
ASTX
- 1D
- -0.86%
- 1M
- -60.80%
- YTD
- -52.35%
- 6M
- -66.40%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEMG
- 1D
- -7.98%
- 1M
- -20.02%
- YTD
- -20.44%
- 6M
- -28.94%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ASTX vs. NEMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ASTX Tradr 2X Long ASTS Daily ETF | -52.35% | 14.46% |
NEMG Leverage Shares 2x Long NEM Daily ETF | -20.44% | 22.87% |
Correlation
The correlation between ASTX and NEMG is 0.31, 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 Nov 17, 2025 | 0.31 |
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Return for Risk
ASTX vs. NEMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long ASTS Daily ETF (ASTX) and Leverage Shares 2x Long NEM Daily ETF (NEMG). 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.
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Drawdowns
ASTX vs. NEMG - Drawdown Comparison
The maximum ASTX drawdown since its inception was -80.72%, which is greater than NEMG's maximum drawdown of -57.56%. Use the drawdown chart below to compare losses from any high point for ASTX and NEMG.
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Drawdown Indicators
| ASTX | NEMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.72% | -57.56% | -23.16% |
Current DrawdownCurrent decline from peak | -80.72% | -53.44% | -27.28% |
Average DrawdownAverage peak-to-trough decline | -45.59% | -23.21% | -22.38% |
Volatility
ASTX vs. NEMG - Volatility Comparison
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Volatility by Period
| ASTX | NEMG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 214.01% | 102.63% | +111.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 214.01% | 102.63% | +111.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 214.01% | 102.63% | +111.38% |
ASTX vs. NEMG - Expense Ratio Comparison
ASTX has a 1.30% expense ratio, which is higher than NEMG's 0.75% expense ratio.
Dividends
ASTX vs. NEMG - Dividend Comparison
Neither ASTX nor NEMG has paid dividends to shareholders.
Frequently Asked Questions
ASTX and NEMG have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NEMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NEMG is cheaper with a 0.75% expense ratio, compared with 1.30% for ASTX.
ASTX and NEMG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for ASTX and 0.75% for NEMG.
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