BLSG vs. XDSQ

Last updated Jun 24, 2026

BLSG (Leverage Shares 2X Long BLSH Daily ETF) and XDSQ (Innovator US Equity Accelerated ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.49 correlation, their price movements are largely independent. BLSG charges 0.75%/yr vs 0.79%/yr for XDSQ.

Performance

BLSG vs. XDSQ - Performance Comparison

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

Returns By Period

In the year-to-date period, BLSG achieves a -69.25% return, which is significantly lower than XDSQ's 3.05% return.

BLSG

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

XDSQ

• 1D: -0.03%
• 1M: 0.63%
• YTD: 3.05%
• 6M: 2.05%
• 1Y: 15.05%
• 3Y*: 14.47%
• 5Y*: 9.68%
• 10Y*: —

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

BLSG vs. XDSQ - Yearly Performance Comparison

	2026 (YTD)	2025
BLSG Leverage Shares 2X Long BLSH Daily ETF	-69.25%	-58.81%
XDSQ Innovator US Equity Accelerated ETF	3.05%	2.75%

Correlation

The correlation between BLSG and XDSQ is 0.49, 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 Oct 27, 2025	0.49

Return for Risk

BLSG vs. XDSQ — Risk / Return Rank

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

BLSG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

XDSQ

XDSQ Risk / Return Rank: 43
XDSQ Sharpe Ratio Rank: 43
XDSQ Sortino Ratio Rank: 41
XDSQ Omega Ratio Rank: 51
XDSQ Calmar Ratio Rank: 34
XDSQ Martin Ratio Rank: 47

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. XDSQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BLSH Daily ETF (BLSG) and Innovator US Equity Accelerated ETF (XDSQ). 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	XDSQ	Difference
Sharpe ratio: Return per unit of total volatility	—	1.44	—
Sortino ratio: Return per unit of downside risk	—	1.99	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	1.58	—
Martin ratio: Return relative to average drawdown	—	7.51	—

Drawdowns

BLSG vs. XDSQ - Drawdown Comparison

The maximum BLSG drawdown since its inception was -88.78%, which is greater than XDSQ's maximum drawdown of -26.06%. Use the drawdown chart below to compare losses from any high point for BLSG and XDSQ.

Drawdown Indicators

	BLSG	XDSQ	Difference
Max Drawdown Largest peak-to-trough decline	-88.78%	-26.06%	-62.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.60%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.06%	—
Current Drawdown Current decline from peak	-87.70%	-0.03%	-87.67%
Average Drawdown Average peak-to-trough decline	-61.80%	-4.91%	-56.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.01%	—

Volatility

Volatility by Period

	BLSG	XDSQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	146.04%	10.50%	+135.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.04%	15.28%	+130.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.04%	15.02%	+131.02%

BLSG vs. XDSQ - Expense Ratio Comparison

BLSG has a 0.75% expense ratio, which is lower than XDSQ's 0.79% expense ratio.

Dividends

BLSG vs. XDSQ - Dividend Comparison

Neither BLSG nor XDSQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BLSG and XDSQ in my portfolio?

BLSG and XDSQ have a correlation of 0.49, 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 XDSQ?

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 XDSQ?

BLSG is cheaper with a 0.75% expense ratio, compared with 0.79% for XDSQ.

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

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

What is the main difference between BLSG and XDSQ?

They also come from different issuers: Leverage Shares and Innovator. Their fees differ too: 0.75% for BLSG and 0.79% for XDSQ.