AXPG vs. ADBU

Last updated Jul 15, 2026

AXPG (Leverage Shares 2X Long AXP Daily ETF) and ADBU (Direxion Daily ADBE Bull 2X ETF) are both Leveraged Equities funds - AXPG tracks the American Express Company (AXP) while ADBU tracks the Adobe Inc.. Both are passively managed. At a 0.11 correlation, their price movements are largely independent. AXPG charges 0.75%/yr vs 0.97%/yr for ADBU.

Performance

AXPG vs. ADBU - Performance Comparison

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

Returns By Period

AXPG

• 1D: 0.52%
• 1M: 17.82%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ADBU

• 1D: -8.72%
• 1M: 15.97%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AXPG vs. ADBU - Yearly Performance Comparison

	2026 (YTD)
AXPG Leverage Shares 2X Long AXP Daily ETF	31.63%
ADBU Direxion Daily ADBE Bull 2X ETF	-21.52%

Correlation

The correlation between AXPG and ADBU is 0.11, 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	0.11

Return for Risk

AXPG vs. ADBU - Risk-Adjusted Trends Comparison

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

AXPG vs. ADBU - Drawdown Comparison

The maximum AXPG drawdown since its inception was -30.54%, smaller than the maximum ADBU drawdown of -51.62%. Use the drawdown chart below to compare losses from any high point for AXPG and ADBU.

Drawdown Indicators

	AXPG	ADBU	Difference
Max Drawdown Largest peak-to-trough decline	-30.54%	-51.62%	+21.08%
Current Drawdown Current decline from peak	-2.31%	-37.90%	+35.59%
Average Drawdown Average peak-to-trough decline	-18.22%	-17.84%	-0.38%

Volatility

Volatility by Period

	AXPG	ADBU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	59.14%	91.37%	-32.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.14%	91.37%	-32.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.14%	91.37%	-32.23%

AXPG vs. ADBU - Expense Ratio Comparison

AXPG has a 0.75% expense ratio, which is lower than ADBU's 0.97% expense ratio.

Dividends

AXPG vs. ADBU - Dividend Comparison

AXPG has not paid dividends to shareholders, while ADBU's dividend yield for the trailing twelve months is around 0.31%.

Position	TTM
ADBU Direxion Daily ADBE Bull 2X ETF	0.31%
AXPG Leverage Shares 2X Long AXP Daily ETF	0.00%

Frequently Asked Questions

Can I hold both AXPG and ADBU in my portfolio?

AXPG and ADBU have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AXPG or ADBU?

On fees, AXPG 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, AXPG or ADBU?

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

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

ADBU has the higher dividend yield at 0.31%, compared with 0.00% for AXPG.

What is the main difference between AXPG and ADBU?

AXPG tracks American Express Company (AXP), while ADBU tracks Adobe Inc.. They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for AXPG and 0.97% for ADBU.