BIDG vs. BEX

Last updated Jun 4, 2026

BIDG (Leverage Shares 2X Long BIDU Daily ETF) and BEX (Tradr 2X Long BE Daily ETF) are both Leveraged Equities funds. BIDG is passively managed, while BEX is actively managed. A 0.77 correlation means they provide meaningful diversification when combined. BIDG charges 0.75%/yr vs 1.30%/yr for BEX.

Performance

BIDG vs. BEX - Performance Comparison

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

Returns By Period

BIDG

• 1D: -5.91%
• 1M: 4.16%
• YTD: -11.37%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEX

• 1D: -10.37%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BIDG vs. BEX - Yearly Performance Comparison

	2026 (YTD)
BIDG Leverage Shares 2X Long BIDU Daily ETF	8.80%
BEX Tradr 2X Long BE Daily ETF	-11.47%

Correlation

The correlation between BIDG and BEX is 0.77, 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 27, 2026	0.77

Return for Risk

BIDG vs. BEX - Risk-Adjusted Trends Comparison

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

	BIDG	BEX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	-0.59	+0.67

Drawdowns

BIDG vs. BEX - Drawdown Comparison

The maximum BIDG drawdown since its inception was -59.34%, which is greater than BEX's maximum drawdown of -18.65%. Use the drawdown chart below to compare losses from any high point for BIDG and BEX.

Drawdown Indicators

	BIDG	BEX	Difference
Max Drawdown Largest peak-to-trough decline	-59.34%	-18.65%	-40.69%
Current Drawdown Current decline from peak	-41.02%	-11.47%	-29.55%
Average Drawdown Average peak-to-trough decline	-32.27%	-9.41%	-22.86%

Volatility

Volatility by Period

	BIDG	BEX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	102.98%	184.67%	-81.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	102.98%	184.67%	-81.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	102.98%	184.67%	-81.69%

BIDG vs. BEX - Expense Ratio Comparison

BIDG has a 0.75% expense ratio, which is lower than BEX's 1.30% expense ratio.

Dividends

BIDG vs. BEX - Dividend Comparison

Neither BIDG nor BEX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BIDG and BEX in my portfolio?

BIDG and BEX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BIDG or BEX?

On fees, BIDG 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, BIDG or BEX?

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

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

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

What is the main difference between BIDG and BEX?

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