BMNG vs. BOEG

Last updated Apr 1, 2026

Compare and contrast key facts about Leverage Shares 2X Long BMNR Daily ETF (BMNG) and Leverage Shares 2X Long BA Daily ETF (BOEG).

BMNG and BOEG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BMNG is an actively managed fund by Leverage Shares. It was launched on Oct 27, 2025. BOEG is an actively managed fund by Leverage Shares. It was launched on Jun 12, 2025.

Performance

BMNG vs. BOEG - Performance Comparison

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

BMNG vs. BOEG - Yearly Performance Comparison

	2026 (YTD)	2025
BMNG Leverage Shares 2X Long BMNR Daily ETF	-61.95%	-81.37%
BOEG Leverage Shares 2X Long BA Daily ETF	-20.41%	-9.43%

Returns By Period

In the year-to-date period, BMNG achieves a -61.95% return, which is significantly lower than BOEG's -20.41% return.

BMNG

• 1D: 15.24%
• 1M: -3.20%
• YTD: -61.95%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BOEG

• 1D: 10.42%
• 1M: -25.52%
• YTD: -20.41%
• 6M: -24.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BMNG vs. BOEG - Expense Ratio Comparison

Both BMNG and BOEG have an expense ratio of 0.75%.

BMNG

Leverage Shares 2X Long BMNR Daily ETF

BOEG

Leverage Shares 2X Long BA Daily ETF

Return for Risk

BMNG vs. BOEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BMNR Daily ETF (BMNG) and Leverage Shares 2X Long BA Daily ETF (BOEG). 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	BOEG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.47	-0.30	-0.16

Correlation

The correlation between BMNG and BOEG is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BMNG vs. BOEG - Dividend Comparison

Neither BMNG nor BOEG has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

BMNG vs. BOEG - Drawdown Comparison

The maximum BMNG drawdown since its inception was -93.85%, which is greater than BOEG's maximum drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for BMNG and BOEG.

Drawdown Indicators

	BMNG	BOEG	Difference
Max Drawdown Largest peak-to-trough decline	-93.85%	-46.47%	-47.38%
Current Drawdown Current decline from peak	-92.91%	-40.25%	-52.66%
Average Drawdown Average peak-to-trough decline	-76.82%	-17.59%	-59.23%

Volatility

Volatility by Period

	BMNG	BOEG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	215.48%	61.07%	+154.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	215.48%	61.07%	+154.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	215.48%	61.07%	+154.41%