BMNG vs. BMNR

Last updated Apr 2, 2026

Compare and contrast key facts about Leverage Shares 2X Long BMNR Daily ETF (BMNG) and Bitmine Immersion Technologies Inc (BMNR).

BMNG is an actively managed fund by Leverage Shares. It was launched on Oct 27, 2025.

Performance

BMNG vs. BMNR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long BMNR Daily ETF (BMNG) and Bitmine Immersion Technologies Inc (BMNR). The values are adjusted to include any dividend payments, if applicable.

BMNG vs. BMNR - Yearly Performance Comparison

	2026 (YTD)	2025
BMNG Leverage Shares 2X Long BMNR Daily ETF	-61.95%	-81.37%
BMNR Bitmine Immersion Technologies Inc	-27.48%	-49.44%

Returns By Period

In the year-to-date period, BMNG achieves a -61.95% return, which is significantly lower than BMNR's -27.48% return.

BMNG

• 1D: 0.00%
• 1M: -15.09%
• YTD: -61.95%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BMNR

• 1D: -0.46%
• 1M: -3.48%
• YTD: -27.48%
• 6M: -62.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

BMNG vs. BMNR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BMNR Daily ETF (BMNG) and Bitmine Immersion Technologies Inc (BMNR). 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

	BMNG	BMNR	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.47	0.27	-0.74

Correlation

The correlation between BMNG and BMNR is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BMNG vs. BMNR - Dividend Comparison

BMNG has not paid dividends to shareholders, while BMNR's dividend yield for the trailing twelve months is around 0.05%.

	TTM	2025
BMNG Leverage Shares 2X Long BMNR Daily ETF	0.00%	0.00%
BMNR Bitmine Immersion Technologies Inc	0.05%	0.04%

Drawdowns

BMNG vs. BMNR - Drawdown Comparison

The maximum BMNG drawdown since its inception was -93.85%, which is greater than BMNR's maximum drawdown of -87.11%. Use the drawdown chart below to compare losses from any high point for BMNG and BMNR.

Drawdown Indicators

	BMNG	BMNR	Difference
Max Drawdown Largest peak-to-trough decline	-93.85%	-87.11%	-6.74%
Current Drawdown Current decline from peak	-92.91%	-85.41%	-7.50%
Average Drawdown Average peak-to-trough decline	-76.97%	-67.75%	-9.22%

Volatility

Volatility by Period

	BMNG	BMNR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	214.47%	793.13%	-578.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	214.47%	793.13%	-578.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	214.47%	793.13%	-578.66%