BLSG vs. ILS

Last updated Jun 4, 2026

BLSG (Leverage Shares 2X Long BLSH Daily ETF) and ILS (Brookmont Catastrophic Bond ETF) are both exchange-traded funds - BLSG is a Leveraged Equities fund actively managed by Leverage Shares, while ILS is a Nontraditional Bonds fund actively managed by Brookmont. Both are actively managed. At a correlation of -0.12, they often move in opposite directions. BLSG charges 0.75%/yr vs 1.58%/yr for ILS.

Performance

BLSG vs. ILS - Performance Comparison

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

Returns By Period

In the year-to-date period, BLSG achieves a -58.79% return, which is significantly lower than ILS's 1.81% return.

BLSG

• 1D: -15.77%
• 1M: -55.27%
• YTD: -58.79%
• 6M: -73.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ILS

• 1D: 0.05%
• 1M: 0.45%
• YTD: 1.81%
• 6M: 2.12%
• 1Y: 7.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BLSG vs. ILS - Yearly Performance Comparison

	2026 (YTD)	2025
BLSG Leverage Shares 2X Long BLSH Daily ETF	-58.79%	-60.00%
ILS Brookmont Catastrophic Bond ETF	1.81%	0.95%

Correlation

The correlation between BLSG and ILS is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025	-0.12

Return for Risk

BLSG vs. ILS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ILS

ILS Risk / Return Rank: 93
ILS Sharpe Ratio Rank: 84
ILS Sortino Ratio Rank: 92
ILS Omega Ratio Rank: 92
ILS Calmar Ratio Rank: 98
ILS Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLSG vs. ILS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BLSH Daily ETF (BLSG) and Brookmont Catastrophic Bond ETF (ILS). 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	ILS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.66	1.90	-2.55

Drawdowns

BLSG vs. ILS - Drawdown Comparison

The maximum BLSG drawdown since its inception was -83.67%, which is greater than ILS's maximum drawdown of -1.56%. Use the drawdown chart below to compare losses from any high point for BLSG and ILS.

Drawdown Indicators

	BLSG	ILS	Difference
Max Drawdown Largest peak-to-trough decline	-83.67%	-1.56%	-82.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.55%	—
Current Drawdown Current decline from peak	-83.52%	0.00%	-83.52%
Average Drawdown Average peak-to-trough decline	-60.12%	-0.25%	-59.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.17%	—

Volatility

Volatility by Period

	BLSG	ILS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	145.44%	2.77%	+142.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.44%	3.38%	+142.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.44%	3.38%	+142.06%

BLSG vs. ILS - Expense Ratio Comparison

BLSG has a 0.75% expense ratio, which is lower than ILS's 1.58% expense ratio.

Dividends

BLSG vs. ILS - Dividend Comparison

BLSG has not paid dividends to shareholders, while ILS's dividend yield for the trailing twelve months is around 8.09%.

Position	TTM	2025
BLSG Leverage Shares 2X Long BLSH Daily ETF	0.00%	0.00%
ILS Brookmont Catastrophic Bond ETF	8.09%	6.06%

Frequently Asked Questions

Can I hold both BLSG and ILS in my portfolio?

BLSG and ILS have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BLSG or ILS?

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.

Which ETF is cheaper, BLSG or ILS?

BLSG is cheaper with a 0.75% expense ratio, compared with 1.58% for ILS.

Which ETF pays a higher dividend yield, BLSG or ILS?

ILS has the higher dividend yield at 8.09%, compared with 0.00% for BLSG.

What is the main difference between BLSG and ILS?

BLSG is categorized as Leveraged Equities, while ILS is Nontraditional Bonds. They also come from different issuers: Leverage Shares and Brookmont. Their fees differ too: 0.75% for BLSG and 1.58% for ILS.