BMNG vs. NVTX

Last updated Jun 6, 2026

BMNG (Leverage Shares 2X Long BMNR Daily ETF) and NVTX (Tradr 2X Long NVTS Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.53 correlation means they provide meaningful diversification when combined. BMNG charges 0.75%/yr vs 1.30%/yr for NVTX.

Performance

BMNG vs. NVTX - Performance Comparison

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

Returns By Period

In the year-to-date period, BMNG achieves a -78.43% return, which is significantly lower than NVTX's 407.23% return.

BMNG

• 1D: -22.44%
• 1M: -55.66%
• YTD: -78.43%
• 6M: -87.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVTX

• 1D: -36.75%
• 1M: 69.29%
• YTD: 407.23%
• 6M: 174.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BMNG vs. NVTX - Yearly Performance Comparison

	2026 (YTD)	2025
BMNG Leverage Shares 2X Long BMNR Daily ETF	-78.43%	-81.37%
NVTX Tradr 2X Long NVTS Daily ETF	407.23%	-79.50%

Correlation

The correlation between BMNG and NVTX is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025	0.53

Return for Risk

BMNG vs. NVTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BMNR Daily ETF (BMNG) and Tradr 2X Long NVTS Daily ETF (NVTX). 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	NVTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.52	2.50	-3.02

Drawdowns

BMNG vs. NVTX - Drawdown Comparison

The maximum BMNG drawdown since its inception was -95.98%, which is greater than NVTX's maximum drawdown of -89.20%. Use the drawdown chart below to compare losses from any high point for BMNG and NVTX.

Drawdown Indicators

	BMNG	NVTX	Difference
Max Drawdown Largest peak-to-trough decline	-95.98%	-89.20%	-6.78%
Current Drawdown Current decline from peak	-95.98%	-44.09%	-51.89%
Average Drawdown Average peak-to-trough decline	-81.57%	-60.50%	-21.07%

Volatility

Volatility by Period

	BMNG	NVTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	193.00%	269.33%	-76.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	193.00%	269.33%	-76.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	193.00%	269.33%	-76.33%

BMNG vs. NVTX - Expense Ratio Comparison

BMNG has a 0.75% expense ratio, which is lower than NVTX's 1.30% expense ratio.

Dividends

BMNG vs. NVTX - Dividend Comparison

BMNG has not paid dividends to shareholders, while NVTX's dividend yield for the trailing twelve months is around 3.36%.

Position	TTM	2025
BMNG Leverage Shares 2X Long BMNR Daily ETF	0.00%	0.00%
NVTX Tradr 2X Long NVTS Daily ETF	3.36%	17.05%

Frequently Asked Questions

Can I hold both BMNG and NVTX in my portfolio?

BMNG and NVTX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BMNG or NVTX?

On fees, BMNG 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, BMNG or NVTX?

BMNG is cheaper with a 0.75% expense ratio, compared with 1.30% for NVTX.

Which ETF pays a higher dividend yield, BMNG or NVTX?

NVTX has the higher dividend yield at 3.36%, compared with 0.00% for BMNG.

What is the main difference between BMNG and NVTX?

They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for BMNG and 1.30% for NVTX.