BMNG vs. TSLG

Last updated Apr 2, 2026

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

BMNG and TSLG 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. TSLG is an actively managed fund by Leverage Shares. It was launched on Dec 12, 2024.

Performance

BMNG vs. TSLG - 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 TSLA Daily ETF (TSLG). The values are adjusted to include any dividend payments, if applicable.

BMNG vs. TSLG - Yearly Performance Comparison

	2026 (YTD)	2025
BMNG Leverage Shares 2X Long BMNR Daily ETF	-61.95%	-81.37%
TSLG Leverage Shares 2X Long TSLA Daily ETF	-32.40%	-6.66%

Returns By Period

In the year-to-date period, BMNG achieves a -61.95% return, which is significantly lower than TSLG's -32.40% return.

BMNG

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

TSLG

• 1D: 5.35%
• 1M: -12.62%
• YTD: -32.40%
• 6M: -40.60%
• 1Y: 32.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BMNG vs. TSLG - Expense Ratio Comparison

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

BMNG

Leverage Shares 2X Long BMNR Daily ETF

TSLG

Leverage Shares 2X Long TSLA Daily ETF

Return for Risk

BMNG vs. TSLG — Risk / Return Rank

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

TSLG

TSLG Risk / Return Rank: 29
TSLG Sharpe Ratio Rank: 19
TSLG Sortino Ratio Rank: 41
TSLG Omega Ratio Rank: 34
TSLG Calmar Ratio Rank: 30
TSLG Martin Ratio Rank: 23

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.

BMNG vs. TSLG - 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 TSLA Daily ETF (TSLG). 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	TSLG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.47	-0.42	-0.05

Correlation

The correlation between BMNG and TSLG is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BMNG vs. TSLG - Dividend Comparison

BMNG has not paid dividends to shareholders, while TSLG's dividend yield for the trailing twelve months is around 9.69%.

	TTM	2025
BMNG Leverage Shares 2X Long BMNR Daily ETF	0.00%	0.00%
TSLG Leverage Shares 2X Long TSLA Daily ETF	9.69%	6.55%

Drawdowns

BMNG vs. TSLG - Drawdown Comparison

The maximum BMNG drawdown since its inception was -93.85%, which is greater than TSLG's maximum drawdown of -82.86%. Use the drawdown chart below to compare losses from any high point for BMNG and TSLG.

Drawdown Indicators

	BMNG	TSLG	Difference
Max Drawdown Largest peak-to-trough decline	-93.85%	-82.86%	-10.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-50.92%	—
Current Drawdown Current decline from peak	-92.91%	-65.85%	-27.06%
Average Drawdown Average peak-to-trough decline	-76.97%	-58.06%	-18.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	23.98%	—

Volatility

Volatility by Period

	BMNG	TSLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.51%	—
Volatility (6M) Calculated over the trailing 6-month period	—	59.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	214.47%	110.65%	+103.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	214.47%	118.91%	+95.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	214.47%	118.91%	+95.56%