AXTX vs. GEVG

Last updated Jun 6, 2026

AXTX (Tradr 2X Long AXTI Daily ETF) and GEVG (Leverage Shares 2X Long GEV Daily ETF) are both Leveraged Equities funds. AXTX is passively managed, while GEVG is actively managed. At a 0.23 correlation, their price movements are largely independent. AXTX charges 1.49%/yr vs 0.75%/yr for GEVG.

Performance

AXTX vs. GEVG - Performance Comparison

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

Returns By Period

AXTX

• 1D: -32.66%
• 1M: -40.98%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GEVG

• 1D: -6.32%
• 1M: -32.60%
• YTD: 77.48%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AXTX vs. GEVG - Yearly Performance Comparison

	2026 (YTD)
AXTX Tradr 2X Long AXTI Daily ETF	3.62%
GEVG Leverage Shares 2X Long GEV Daily ETF	-36.06%

Correlation

The correlation between AXTX and GEVG is 0.23, 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 Apr 27, 2026	0.23

Return for Risk

AXTX vs. GEVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long AXTI Daily ETF (AXTX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AXTX	GEVG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	1.74	-1.62

Drawdowns

AXTX vs. GEVG - Drawdown Comparison

The maximum AXTX drawdown since its inception was -63.52%, which is greater than GEVG's maximum drawdown of -36.45%. Use the drawdown chart below to compare losses from any high point for AXTX and GEVG.

Drawdown Indicators

	AXTX	GEVG	Difference
Max Drawdown Largest peak-to-trough decline	-63.52%	-36.45%	-27.07%
Current Drawdown Current decline from peak	-63.52%	-36.45%	-27.07%
Average Drawdown Average peak-to-trough decline	-18.96%	-9.68%	-9.28%

Volatility

Volatility by Period

	AXTX	GEVG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	289.52%	96.32%	+193.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	289.52%	96.32%	+193.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	289.52%	96.32%	+193.20%

AXTX vs. GEVG - Expense Ratio Comparison

AXTX has a 1.49% expense ratio, which is higher than GEVG's 0.75% expense ratio.

Dividends

AXTX vs. GEVG - Dividend Comparison

Neither AXTX nor GEVG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AXTX and GEVG in my portfolio?

AXTX and GEVG have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AXTX or GEVG?

On fees, GEVG 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, AXTX or GEVG?

GEVG is cheaper with a 0.75% expense ratio, compared with 1.49% for AXTX.

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

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

What is the main difference between AXTX and GEVG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.49% for AXTX and 0.75% for GEVG.