BEX vs. GMEU

Last updated Jun 4, 2026

BEX (Tradr 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 correlation of -0.83, they often move in opposite directions. BEX charges 1.30%/yr vs 1.50%/yr for GMEU.

Performance

BEX vs. GMEU - Performance Comparison

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

Returns By Period

BEX

• 1D: -10.37%
• 1M: —
• YTD: —
• 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)

BEX vs. GMEU - Yearly Performance Comparison

	2026 (YTD)
BEX Tradr 2X Long BE Daily ETF	-11.47%
GMEU T-Rex 2X Long GME Daily Target ETF	1.76%

Correlation

The correlation between BEX and GMEU is -0.83, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	-0.83

Return for Risk

BEX 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.

BEX vs. GMEU - Risk-Adjusted Trends Comparison

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

	BEX	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	-0.59	-0.70	+0.11

Drawdowns

BEX vs. GMEU - Drawdown Comparison

The maximum BEX drawdown since its inception was -18.65%, smaller than the maximum GMEU drawdown of -80.43%. Use the drawdown chart below to compare losses from any high point for BEX and GMEU.

Drawdown Indicators

	BEX	GMEU	Difference
Max Drawdown Largest peak-to-trough decline	-18.65%	-80.43%	+61.78%
Max Drawdown (1Y) Largest decline over 1 year	—	-72.75%	—
Current Drawdown Current decline from peak	-11.47%	-77.94%	+66.47%
Average Drawdown Average peak-to-trough decline	-9.41%	-63.19%	+53.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	57.02%	—

Volatility

Volatility by Period

	BEX	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	184.67%	85.19%	+99.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	184.67%	89.95%	+94.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	184.67%	89.95%	+94.72%

BEX vs. GMEU - Expense Ratio Comparison

BEX has a 1.30% expense ratio, which is lower than GMEU's 1.50% expense ratio.

Dividends

BEX vs. GMEU - Dividend Comparison

Neither BEX nor GMEU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BEX and GMEU in my portfolio?

BEX and GMEU have a correlation of -0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEX or GMEU?

On fees, BEX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BEX or GMEU?

BEX is cheaper with a 1.30% expense ratio, compared with 1.50% for GMEU.

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

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

What is the main difference between BEX and GMEU?

They also come from different issuers: Tradr and T-Rex. Their fees differ too: 1.30% for BEX and 1.50% for GMEU.