BEG vs. KLAG

Last updated Jun 4, 2026

BEG (Leverage Shares 2X Long BE Daily ETF) and KLAG (Leverage Shares 2X Long KLAC Daily ETF) are both Leveraged Equities funds from Leverage Shares. BEG is actively managed, while KLAG is passively managed. At a 0.45 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

BEG vs. KLAG - 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 KLAC Daily ETF (KLAG). 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 KLAG's 155.10% return.

BEG

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

KLAG

• 1D: 8.19%
• 1M: 49.84%
• YTD: 155.10%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BEG vs. KLAG - Yearly Performance Comparison

	2026 (YTD)	2025
BEG Leverage Shares 2X Long BE Daily ETF	552.25%	15.32%
KLAG Leverage Shares 2X Long KLAC Daily ETF	155.10%	-1.92%

Correlation

The correlation between BEG and KLAG is 0.45, 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 19, 2025	0.45

Return for Risk

BEG vs. KLAG - 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 KLAC Daily ETF (KLAG). 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	KLAG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	24.77	6.19	+18.58

Drawdowns

BEG vs. KLAG - Drawdown Comparison

The maximum BEG drawdown since its inception was -59.85%, which is greater than KLAG's maximum drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for BEG and KLAG.

Drawdown Indicators

	BEG	KLAG	Difference
Max Drawdown Largest peak-to-trough decline	-59.85%	-42.37%	-17.48%
Current Drawdown Current decline from peak	-13.90%	0.00%	-13.90%
Average Drawdown Average peak-to-trough decline	-16.14%	-15.60%	-0.54%

Volatility

Volatility by Period

	BEG	KLAG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	213.85%	109.21%	+104.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	213.85%	109.21%	+104.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	213.85%	109.21%	+104.64%

BEG vs. KLAG - Expense Ratio Comparison

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

Dividends

BEG vs. KLAG - Dividend Comparison

Neither BEG nor KLAG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BEG and KLAG in my portfolio?

BEG and KLAG have a correlation of 0.45, 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 KLAG?

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 KLAG?

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

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

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