BLSG vs. DRNL
BLSG (Leverage Shares 2X Long BLSH Daily ETF) and DRNL (Defiance 2X Daily Long Pure Drone & Aerial Automation ETF) are both Leveraged Equities funds. BLSG is actively managed, while DRNL is passively managed. Their 0.53 correlation means they have sometimes moved together and sometimes differently. BLSG charges 0.75%/yr vs 1.31%/yr for DRNL.
Performance
BLSG vs. DRNL - Performance Comparison
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Returns By Period
BLSG
- 1D
- 9.11%
- 1M
- -24.18%
- 6M
- -56.67%
- YTD
- -76.13%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
DRNL
- 1D
- 10.57%
- 1M
- -28.80%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $285.30K | $214.72K | $288.11K | |
| $28.66K | $31.34K | $120.45K |
BLSG vs. DRNL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BLSG Leverage Shares 2X Long BLSH Daily ETF | -66.38% |
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF | -73.80% |
Correlation
The correlation between BLSG and DRNL is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 3, 2026 | 0.53 |
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Return for Risk
BLSG vs. DRNL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BLSH Daily ETF (BLSG) and Defiance 2X Daily Long Pure Drone & Aerial Automation ETF (DRNL). 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.
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Drawdowns
BLSG vs. DRNL - Drawdown Comparison
The maximum BLSG drawdown since its inception was -91.34%, which is greater than DRNL's maximum drawdown of -80.85%. Use the drawdown chart below to compare losses from any high point for BLSG and DRNL.
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Drawdown Indicators
| BLSG | DRNL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.34% | -80.85% | -10.49% |
Current DrawdownCurrent decline from peak | -90.45% | -75.56% | -14.89% |
Average DrawdownAverage peak-to-trough decline | -65.81% | -48.17% | -17.64% |
Volatility
BLSG vs. DRNL - Volatility Comparison
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Volatility by Period
| BLSG | DRNL | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 146.36% | 141.49% | +4.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 146.36% | 141.49% | +4.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 146.36% | 141.49% | +4.87% |
BLSG vs. DRNL - Expense Ratio Comparison
BLSG has a 0.75% expense ratio, which is lower than DRNL's 1.31% expense ratio.
Dividends
BLSG vs. DRNL - Dividend Comparison
Neither BLSG nor DRNL has paid dividends to shareholders.
Frequently Asked Questions
BLSG and DRNL have a correlation of 0.53, 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 1.31% for DRNL.
BLSG and DRNL have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Leverage Shares and Defiance. Their fees differ too: 0.75% for BLSG and 1.31% for DRNL.
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