BEG vs. GOU

Last updated Jun 5, 2026

BEG (Leverage Shares 2X Long BE Daily ETF) and GOU (GraniteShares 2x Long GOOGL Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.19 correlation, their price movements are largely independent. BEG charges 0.75%/yr vs 1.15%/yr for GOU.

Performance

BEG vs. GOU - Performance Comparison

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

Returns By Period

In the year-to-date period, BEG achieves a 562.24% return, which is significantly higher than GOU's 29.22% return.

BEG

• 1D: 1.53%
• 1M: -9.86%
• YTD: 562.24%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOU

• 1D: 6.37%
• 1M: -10.21%
• YTD: 29.22%
• 6M: 24.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BEG vs. GOU - Yearly Performance Comparison

	2026 (YTD)	2025
BEG Leverage Shares 2X Long BE Daily ETF	562.24%	-5.55%
GOU GraniteShares 2x Long GOOGL Daily ETF	29.22%	3.63%

Correlation

The correlation between BEG and GOU is 0.19, 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 Dec 17, 2025	0.19

Return for Risk

BEG vs. GOU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BE Daily ETF (BEG) and GraniteShares 2x Long GOOGL Daily ETF (GOU). 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	GOU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	24.84	0.97	+23.88

Drawdowns

BEG vs. GOU - Drawdown Comparison

The maximum BEG drawdown since its inception was -59.85%, which is greater than GOU's maximum drawdown of -38.44%. Use the drawdown chart below to compare losses from any high point for BEG and GOU.

Drawdown Indicators

	BEG	GOU	Difference
Max Drawdown Largest peak-to-trough decline	-59.85%	-38.44%	-21.41%
Current Drawdown Current decline from peak	-12.58%	-15.71%	+3.13%
Average Drawdown Average peak-to-trough decline	-16.11%	-11.36%	-4.75%

Volatility

Volatility by Period

	BEG	GOU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	212.92%	59.64%	+153.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	212.92%	59.64%	+153.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	212.92%	59.64%	+153.28%

BEG vs. GOU - Expense Ratio Comparison

BEG has a 0.75% expense ratio, which is lower than GOU's 1.15% expense ratio.

Dividends

BEG vs. GOU - Dividend Comparison

Neither BEG nor GOU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BEG and GOU in my portfolio?

BEG and GOU have a correlation of 0.19, 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 GOU?

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 GOU?

BEG is cheaper with a 0.75% expense ratio, compared with 1.15% for GOU.

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

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

What is the main difference between BEG and GOU?

They also come from different issuers: Leverage Shares and GraniteShares. Their fees differ too: 0.75% for BEG and 1.15% for GOU.