BIDG vs. TERG

Last updated Jun 5, 2026

BIDG (Leverage Shares 2X Long BIDU Daily ETF) and TERG (Leverage Shares 2X Long TER Daily ETF) are both Leveraged Equities funds from Leverage Shares. BIDG is passively managed, while TERG is actively managed. At a 0.29 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

BIDG vs. TERG - Performance Comparison

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

Returns By Period

In the year-to-date period, BIDG achieves a -8.59% return, which is significantly lower than TERG's 225.36% return.

BIDG

• 1D: 3.13%
• 1M: 9.71%
• YTD: -8.59%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TERG

• 1D: -1.30%
• 1M: 23.46%
• YTD: 225.36%
• 6M: 202.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BIDG vs. TERG - Yearly Performance Comparison

	2026 (YTD)	2025
BIDG Leverage Shares 2X Long BIDU Daily ETF	-8.59%	16.79%
TERG Leverage Shares 2X Long TER Daily ETF	225.36%	2.42%

Correlation

The correlation between BIDG and TERG is 0.29, 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	0.29

Return for Risk

BIDG vs. TERG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BIDU Daily ETF (BIDG) and Leverage Shares 2X Long TER Daily ETF (TERG). 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	TERG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	9.47	-9.32

Drawdowns

BIDG vs. TERG - Drawdown Comparison

The maximum BIDG drawdown since its inception was -59.34%, which is greater than TERG's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for BIDG and TERG.

Drawdown Indicators

	BIDG	TERG	Difference
Max Drawdown Largest peak-to-trough decline	-59.34%	-49.52%	-9.82%
Current Drawdown Current decline from peak	-39.18%	-17.07%	-22.11%
Average Drawdown Average peak-to-trough decline	-32.33%	-13.75%	-18.58%

Volatility

Volatility by Period

	BIDG	TERG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	102.62%	138.78%	-36.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	102.62%	138.78%	-36.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	102.62%	138.78%	-36.16%

BIDG vs. TERG - Expense Ratio Comparison

Both BIDG and TERG have an expense ratio of 0.75%.

Dividends

BIDG vs. TERG - Dividend Comparison

Neither BIDG nor TERG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BIDG and TERG in my portfolio?

BIDG and TERG have a correlation of 0.29, 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 TERG?

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, BIDG or TERG?

BIDG and TERG have the same expense ratio: 0.75% per year.

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

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