BEG vs. BEX

Last updated Aug 2, 2026

BEG (Leverage Shares 2X Long BE Daily ETF) and BEX (Tradr 2X Long BE Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.99 correlation means they have historically moved very closely together. BEG charges 0.75%/yr vs 1.30%/yr for BEX.

Performance

BEG vs. BEX - Performance Comparison

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

Returns By Period

BEG

• 1D: -0.74%
• 1M: -51.76%
• 6M: -16.69%
• YTD: 136.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BEX

• 1D: -0.74%
• 1M: -51.56%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BEG Leverage Shares 2X Long BE Daily ETF	$18.81M	$15.87M	$11.72M
BEX Tradr 2X Long BE Daily ETF	$83.57M	$80.37M	$68.34M

BEG vs. BEX - Yearly Performance Comparison

	2026 (YTD)
BEG Leverage Shares 2X Long BE Daily ETF	-67.55%
BEX Tradr 2X Long BE Daily ETF	-69.85%

Correlation

The correlation between BEG and BEX is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.99

Return for Risk

BEG vs. BEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BE Daily ETF (BEG) and Tradr 2X Long BE Daily ETF (BEX). 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

BEG vs. BEX - Drawdown Comparison

The maximum BEG drawdown since its inception was -82.08%, roughly equal to the maximum BEX drawdown of -82.16%. Use the drawdown chart below to compare losses from any high point for BEG and BEX.

Drawdown Indicators

	BEG	BEX	Difference
Max Drawdown Largest peak-to-trough decline	-82.08%	-82.16%	+0.08%
Current Drawdown Current decline from peak	-73.06%	-72.82%	-0.24%
Average Drawdown Average peak-to-trough decline	-23.53%	-41.43%	+17.90%

Volatility

Volatility by Period

	BEG	BEX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	229.80%	264.69%	-34.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	229.80%	264.69%	-34.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	229.80%	264.69%	-34.89%

BEG vs. BEX - Expense Ratio Comparison

BEG has a 0.75% expense ratio, which is lower than BEX's 1.30% expense ratio.

Dividends

BEG vs. BEX - Dividend Comparison

Neither BEG nor BEX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BEG and BEX in my portfolio?

With a correlation of 0.99, BEG and BEX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BEG or BEX?

On fees, BEG 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, BEG or BEX?

BEG is cheaper with a 0.75% expense ratio, compared with 1.30% for BEX.

Which ETF pays a higher dividend yield, BEG or BEX?

BEG and BEX have nearly identical dividend yields, around 0.00%.

What is the main difference between BEG and BEX?

They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for BEG and 1.30% for BEX.