AXPG vs. SNAG
AXPG (Leverage Shares 2X Long AXP Daily ETF) and SNAG (Leverage Shares 2X Long SNAP Daily ETF) are both Leveraged Equities funds from Leverage Shares - AXPG tracks the American Express Company (AXP) while SNAG tracks the Snap Inc. (SNAP). Both are passively managed. At a 0.40 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
AXPG vs. SNAG - Performance Comparison
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Returns By Period
AXPG
- 1D
- 2.01%
- 1M
- 17.21%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SNAG
- 1D
- -1.27%
- 1M
- -24.64%
- 6M
- -75.01%
- YTD
- -74.45%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AXPG vs. SNAG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
AXPG Leverage Shares 2X Long AXP Daily ETF | -1.25% |
SNAG Leverage Shares 2X Long SNAP Daily ETF | -25.04% |
Correlation
The correlation between AXPG and SNAG is 0.40, 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 Feb 19, 2026 | 0.40 |
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Return for Risk
AXPG vs. SNAG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long AXP Daily ETF (AXPG) and Leverage Shares 2X Long SNAP Daily ETF (SNAG). 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
AXPG vs. SNAG - Drawdown Comparison
The maximum AXPG drawdown since its inception was -30.54%, smaller than the maximum SNAG drawdown of -81.94%. Use the drawdown chart below to compare losses from any high point for AXPG and SNAG.
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Drawdown Indicators
| AXPG | SNAG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.54% | -81.94% | +51.40% |
Current DrawdownCurrent decline from peak | -2.81% | -78.34% | +75.53% |
Average DrawdownAverage peak-to-trough decline | -18.38% | -57.87% | +39.49% |
Volatility
AXPG vs. SNAG - Volatility Comparison
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Volatility by Period
| AXPG | SNAG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 59.44% | 119.66% | -60.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.44% | 119.66% | -60.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.44% | 119.66% | -60.22% |
AXPG vs. SNAG - Expense Ratio Comparison
Both AXPG and SNAG have an expense ratio of 0.75%.
Dividends
AXPG vs. SNAG - Dividend Comparison
Neither AXPG nor SNAG has paid dividends to shareholders.
Frequently Asked Questions
AXPG and SNAG have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AXPG and SNAG have the same expense ratio: 0.75% per year.
AXPG and SNAG have nearly identical dividend yields, around 0.00%.
AXPG tracks American Express Company (AXP), while SNAG tracks Snap Inc. (SNAP).
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