BLSG vs. BRKU
BLSG (Leverage Shares 2X Long BLSH Daily ETF) and BRKU (Direxion Daily BRKB Bull 2X Shares) are both Leveraged Equities funds. Both are actively managed. Their -0.06 correlation means they have often moved in opposite directions in the past. BLSG charges 0.75%/yr vs 0.97%/yr for BRKU.
Performance
BLSG vs. BRKU - Performance Comparison
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Returns By Period
In the year-to-date period, BLSG achieves a -76.13% return, which is significantly lower than BRKU's -2.84% return.
BLSG
- 1D
- 9.11%
- 1M
- -24.18%
- 6M
- -56.67%
- YTD
- -76.13%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BRKU
- 1D
- 0.30%
- 1M
- 1.31%
- 6M
- 4.56%
- YTD
- -2.84%
- 1Y
- 4.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -0.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $285.30K | $214.72K | $288.11K | |
| $1.97M | $1.82M | $3.21M |
BLSG vs. BRKU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BLSG Leverage Shares 2X Long BLSH Daily ETF | -76.13% | -58.81% |
BRKU Direxion Daily BRKB Bull 2X Shares | -2.84% | 2.05% |
Correlation
The correlation between BLSG and BRKU is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025 | -0.06 |
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Return for Risk
BLSG vs. BRKU — Risk / Return Rank
BLSG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BRKU
BLSG vs. BRKU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BLSH Daily ETF (BLSG) and Direxion Daily BRKB Bull 2X Shares (BRKU). 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.
| BLSG | BRKU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.05 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.20 | — |
| Martin ratioReturn relative to average drawdown | — | 0.38 | — |
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Drawdowns
BLSG vs. BRKU - Drawdown Comparison
The maximum BLSG drawdown since its inception was -91.34%, which is greater than BRKU's maximum drawdown of -35.37%. Use the drawdown chart below to compare losses from any high point for BLSG and BRKU.
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Drawdown Indicators
| BLSG | BRKU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.34% | -35.37% | -55.97% |
Max Drawdown (1Y)Largest decline over 1 year | — | -22.06% | — |
Current DrawdownCurrent decline from peak | -90.45% | -23.75% | -66.70% |
Average DrawdownAverage peak-to-trough decline | -65.81% | -19.77% | -46.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 11.68% | — |
Volatility
BLSG vs. BRKU - Volatility Comparison
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Volatility by Period
| BLSG | BRKU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.52% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 21.58% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 146.36% | 28.60% | +117.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 146.36% | 33.92% | +112.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 146.36% | 33.92% | +112.44% |
BLSG vs. BRKU - Expense Ratio Comparison
BLSG has a 0.75% expense ratio, which is lower than BRKU's 0.97% expense ratio.
Dividends
BLSG vs. BRKU - Dividend Comparison
BLSG has not paid dividends to shareholders, while BRKU's dividend yield for the trailing twelve months is around 2.46%.
| Position | TTM | 2025 |
|---|---|---|
BLSG Leverage Shares 2X Long BLSH Daily ETF | 0.00% | 0.00% |
BRKU Direxion Daily BRKB Bull 2X Shares | 2.46% | 2.44% |
Frequently Asked Questions
BLSG and BRKU have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BLSG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BLSG is cheaper with a 0.75% expense ratio, compared with 0.97% for BRKU.
BRKU has the higher dividend yield at 2.46%, compared with 0.00% for BLSG.
They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for BLSG and 0.97% for BRKU.
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