BEX vs. NEMG

Last updated Jun 24, 2026

BEX (Tradr 2X Long BE Daily ETF) and NEMG (Leverage Shares 2x Long NEM Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. BEX charges 1.30%/yr vs 0.75%/yr for NEMG.

Performance

BEX vs. NEMG - Performance Comparison

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

Returns By Period

BEX

• 1D: -13.99%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NEMG

• 1D: -7.98%
• 1M: -20.02%
• YTD: -20.44%
• 6M: -28.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BEX vs. NEMG - Yearly Performance Comparison

	2026 (YTD)
BEX Tradr 2X Long BE Daily ETF	-4.58%
NEMG Leverage Shares 2x Long NEM Daily ETF	-20.02%

Correlation

The correlation between BEX and NEMG is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.59

Return for Risk

BEX vs. NEMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long BE Daily ETF (BEX) and Leverage Shares 2x Long NEM Daily ETF (NEMG). 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

BEX vs. NEMG - Drawdown Comparison

The maximum BEX drawdown since its inception was -47.06%, smaller than the maximum NEMG drawdown of -57.56%. Use the drawdown chart below to compare losses from any high point for BEX and NEMG.

Drawdown Indicators

	BEX	NEMG	Difference
Max Drawdown Largest peak-to-trough decline	-47.06%	-57.56%	+10.50%
Current Drawdown Current decline from peak	-13.99%	-53.44%	+39.45%
Average Drawdown Average peak-to-trough decline	-22.05%	-23.21%	+1.16%

Volatility

Volatility by Period

	BEX	NEMG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	205.49%	102.63%	+102.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	205.49%	102.63%	+102.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	205.49%	102.63%	+102.86%

BEX vs. NEMG - Expense Ratio Comparison

BEX has a 1.30% expense ratio, which is higher than NEMG's 0.75% expense ratio.

Dividends

BEX vs. NEMG - Dividend Comparison

Neither BEX nor NEMG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BEX and NEMG in my portfolio?

BEX and NEMG have a correlation of 0.59, 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 NEMG?

On fees, NEMG 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, BEX or NEMG?

NEMG is cheaper with a 0.75% expense ratio, compared with 1.30% for BEX.

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

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

What is the main difference between BEX and NEMG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for BEX and 0.75% for NEMG.