BEG vs. FCXG

Last updated Jul 12, 2026

BEG (Leverage Shares 2X Long BE Daily ETF) and FCXG (Leverage Shares 2X Long FCX Daily ETF) are both Leveraged Equities funds from Leverage Shares. BEG is actively managed, while FCXG is passively managed. At a 0.42 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

BEG vs. FCXG - Performance Comparison

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

Returns By Period

BEG

• 1D: -9.32%
• 1M: -16.07%
• 6M: 71.72%
• YTD: 292.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FCXG

• 1D: 3.28%
• 1M: -16.29%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BEG vs. FCXG - Yearly Performance Comparison

	2026 (YTD)
BEG Leverage Shares 2X Long BE Daily ETF	39.10%
FCXG Leverage Shares 2X Long FCX Daily ETF	-16.00%

Correlation

The correlation between BEG and FCXG is 0.42, 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	0.42

Return for Risk

BEG vs. FCXG - Risk-Adjusted Trends Comparison

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

The maximum BEG drawdown since its inception was -59.85%, which is greater than FCXG's maximum drawdown of -44.55%. Use the drawdown chart below to compare losses from any high point for BEG and FCXG.

Drawdown Indicators

	BEG	FCXG	Difference
Max Drawdown Largest peak-to-trough decline	-59.85%	-44.55%	-15.30%
Current Drawdown Current decline from peak	-55.38%	-32.38%	-23.00%
Average Drawdown Average peak-to-trough decline	-18.64%	-21.99%	+3.35%

Volatility

Volatility by Period

	BEG	FCXG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	217.43%	109.14%	+108.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	217.43%	109.14%	+108.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	217.43%	109.14%	+108.29%

BEG vs. FCXG - Expense Ratio Comparison

Both BEG and FCXG have an expense ratio of 0.75%.

Dividends

BEG vs. FCXG - Dividend Comparison

Neither BEG nor FCXG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BEG and FCXG in my portfolio?

BEG and FCXG have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEG or FCXG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BEG or FCXG?

BEG and FCXG have the same expense ratio: 0.75% per year.

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

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