BLSG vs. RDWU

Last updated Jun 24, 2026

BLSG (Leverage Shares 2X Long BLSH Daily ETF) and RDWU (T-REX 2X Long RDW Daily Target ETF) are both Leveraged Equities funds. BLSG is actively managed, while RDWU is passively managed. At a 0.43 correlation, their price movements are largely independent. BLSG charges 0.75%/yr vs 1.50%/yr for RDWU.

Performance

BLSG vs. RDWU - Performance Comparison

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

Returns By Period

BLSG

• 1D: -0.37%
• 1M: -53.27%
• YTD: -69.25%
• 6M: -75.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RDWU

• 1D: -12.12%
• 1M: -62.79%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BLSG vs. RDWU - Yearly Performance Comparison

	2026 (YTD)
BLSG Leverage Shares 2X Long BLSH Daily ETF	-57.87%
RDWU T-REX 2X Long RDW Daily Target ETF	-63.29%

Correlation

The correlation between BLSG and RDWU is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 30, 2026	0.43

Return for Risk

BLSG vs. RDWU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BLSH Daily ETF (BLSG) and T-REX 2X Long RDW Daily Target ETF (RDWU). 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.

Drawdowns

BLSG vs. RDWU - Drawdown Comparison

The maximum BLSG drawdown since its inception was -88.78%, which is greater than RDWU's maximum drawdown of -81.77%. Use the drawdown chart below to compare losses from any high point for BLSG and RDWU.

Drawdown Indicators

	BLSG	RDWU	Difference
Max Drawdown Largest peak-to-trough decline	-88.78%	-81.77%	-7.01%
Current Drawdown Current decline from peak	-87.70%	-81.77%	-5.93%
Average Drawdown Average peak-to-trough decline	-61.80%	-56.27%	-5.53%

Volatility

Volatility by Period

	BLSG	RDWU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	146.04%	263.97%	-117.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.04%	263.97%	-117.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.04%	263.97%	-117.93%

BLSG vs. RDWU - Expense Ratio Comparison

BLSG has a 0.75% expense ratio, which is lower than RDWU's 1.50% expense ratio.

Dividends

BLSG vs. RDWU - Dividend Comparison

Neither BLSG nor RDWU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BLSG and RDWU in my portfolio?

BLSG and RDWU have a correlation of 0.43, 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 RDWU?

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 RDWU?

BLSG is cheaper with a 0.75% expense ratio, compared with 1.50% for RDWU.

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

BLSG and RDWU have nearly identical dividend yields, around 0.00%.

What is the main difference between BLSG and RDWU?

They also come from different issuers: Leverage Shares and T-Rex. Their fees differ too: 0.75% for BLSG and 1.50% for RDWU.