BLSG vs. BMNG

Last updated Apr 1, 2026

Compare and contrast key facts about Leverage Shares 2X Long BLSH Daily ETF (BLSG) and Leverage Shares 2X Long BMNR Daily ETF (BMNG).

BLSG and BMNG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BLSG is an actively managed fund by Leverage Shares. It was launched on Oct 27, 2025. BMNG is an actively managed fund by Leverage Shares. It was launched on Oct 27, 2025.

Performance

BLSG vs. BMNG - Performance Comparison

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

BLSG vs. BMNG - Yearly Performance Comparison

	2026 (YTD)	2025
BLSG Leverage Shares 2X Long BLSH Daily ETF	-24.60%	-60.00%
BMNG Leverage Shares 2X Long BMNR Daily ETF	-61.95%	-81.37%

Returns By Period

In the year-to-date period, BLSG achieves a -24.60% return, which is significantly higher than BMNG's -61.95% return.

BLSG

• 1D: 16.32%
• 1M: 22.28%
• YTD: -24.60%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BMNG

• 1D: 0.00%
• 1M: -15.09%
• YTD: -61.95%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BLSG vs. BMNG - Expense Ratio Comparison

Both BLSG and BMNG have an expense ratio of 0.75%.

BLSG

Leverage Shares 2X Long BLSH Daily ETF

BMNG

Leverage Shares 2X Long BMNR Daily ETF

Return for Risk

BLSG vs. BMNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BLSH Daily ETF (BLSG) and Leverage Shares 2X Long BMNR Daily ETF (BMNG). 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

	BLSG	BMNG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.65	-0.47	-0.18

Correlation

The correlation between BLSG and BMNG is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BLSG vs. BMNG - Dividend Comparison

Neither BLSG nor BMNG has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

BLSG vs. BMNG - Drawdown Comparison

The maximum BLSG drawdown since its inception was -83.67%, smaller than the maximum BMNG drawdown of -93.85%. Use the drawdown chart below to compare losses from any high point for BLSG and BMNG.

Drawdown Indicators

	BLSG	BMNG	Difference
Max Drawdown Largest peak-to-trough decline	-83.67%	-93.85%	+10.18%
Current Drawdown Current decline from peak	-69.84%	-92.91%	+23.07%
Average Drawdown Average peak-to-trough decline	-57.40%	-76.97%	+19.57%

Volatility

Volatility by Period

	BLSG	BMNG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	146.51%	214.47%	-67.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.51%	214.47%	-67.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.51%	214.47%	-67.96%