BEG vs. GMEU

Last updated Jun 4, 2026

BEG (Leverage Shares 2X Long BE Daily ETF) and GMEU (T-Rex 2X Long GME Daily Target ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.06 correlation, their price movements are largely independent. BEG charges 0.75%/yr vs 1.50%/yr for GMEU.

Performance

BEG vs. GMEU - Performance Comparison

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

Returns By Period

In the year-to-date period, BEG achieves a 552.25% return, which is significantly higher than GMEU's -0.46% return.

BEG

• 1D: -9.38%
• 1M: -7.23%
• YTD: 552.25%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GMEU

• 1D: 12.74%
• 1M: -16.79%
• YTD: -0.46%
• 6M: -28.05%
• 1Y: -69.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BEG vs. GMEU - Yearly Performance Comparison

	2026 (YTD)	2025
BEG Leverage Shares 2X Long BE Daily ETF	552.25%	-5.55%
GMEU T-Rex 2X Long GME Daily Target ETF	-0.46%	-20.16%

Correlation

The correlation between BEG and GMEU is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 17, 2025	0.06

Return for Risk

BEG vs. GMEU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GMEU

GMEU Risk / Return Rank: 2
GMEU Sharpe Ratio Rank: 3
GMEU Sortino Ratio Rank: 3
GMEU Omega Ratio Rank: 2
GMEU Calmar Ratio Rank: 1
GMEU Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BEG vs. GMEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BE Daily ETF (BEG) and T-Rex 2X Long GME Daily Target ETF (GMEU). 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

	BEG	GMEU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	24.77	-0.70	+25.47

Drawdowns

BEG vs. GMEU - Drawdown Comparison

The maximum BEG drawdown since its inception was -59.85%, smaller than the maximum GMEU drawdown of -80.43%. Use the drawdown chart below to compare losses from any high point for BEG and GMEU.

Drawdown Indicators

	BEG	GMEU	Difference
Max Drawdown Largest peak-to-trough decline	-59.85%	-80.43%	+20.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-72.75%	—
Current Drawdown Current decline from peak	-13.90%	-77.94%	+64.04%
Average Drawdown Average peak-to-trough decline	-16.14%	-63.19%	+47.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	57.02%	—

Volatility

Volatility by Period

	BEG	GMEU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	57.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	213.85%	85.19%	+128.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	213.85%	89.95%	+123.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	213.85%	89.95%	+123.90%

BEG vs. GMEU - Expense Ratio Comparison

BEG has a 0.75% expense ratio, which is lower than GMEU's 1.50% expense ratio.

Dividends

BEG vs. GMEU - Dividend Comparison

Neither BEG nor GMEU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BEG and GMEU in my portfolio?

BEG and GMEU have a correlation of 0.06, 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 GMEU?

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 GMEU?

BEG is cheaper with a 0.75% expense ratio, compared with 1.50% for GMEU.

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

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

What is the main difference between BEG and GMEU?

They also come from different issuers: Leverage Shares and T-Rex. Their fees differ too: 0.75% for BEG and 1.50% for GMEU.