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. A 0.53 correlation means they provide meaningful diversification when combined. 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
- 18.27%
- 1M
- -21.73%
- 6M
- -71.51%
- YTD
- -70.68%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRNL
- 1D
- 10.75%
- 1M
- -37.32%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BLSG vs. DRNL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BLSG Leverage Shares 2X Long BLSH Daily ETF | -58.71% |
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF | -71.81% |
Correlation
The correlation between BLSG and DRNL is 0.53, 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 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 -90.65%, which is greater than DRNL's maximum drawdown of -76.26%. 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 | -90.65% | -76.26% | -14.39% |
Current DrawdownCurrent decline from peak | -88.27% | -73.71% | -14.56% |
Average DrawdownAverage peak-to-trough decline | -63.90% | -43.89% | -20.01% |
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 | 147.25% | 138.79% | +8.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 147.25% | 138.79% | +8.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 147.25% | 138.79% | +8.46% |
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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