BOEG vs. NFLU

Last updated Jul 14, 2026

BOEG (Leverage Shares 2X Long BA Daily ETF) and NFLU (T-REX 2X Long Netflix Daily Target ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, BOEG returned -26.33% vs -72.67% for NFLU. At a 0.22 correlation, their price movements are largely independent. BOEG charges 0.75%/yr vs 1.05%/yr for NFLU.

Performance

BOEG vs. NFLU - Performance Comparison

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

Returns By Period

In the year-to-date period, BOEG achieves a -12.49% return, which is significantly higher than NFLU's -45.99% return.

BOEG

• 1D: -6.05%
• 1M: -4.68%
• 6M: -27.59%
• YTD: -12.49%
• 1Y: -26.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFLU

• 1D: 1.39%
• 1M: -17.32%
• 6M: -40.55%
• YTD: -45.99%
• 1Y: -72.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BOEG vs. NFLU - Yearly Performance Comparison

	2026 (YTD)	2025
BOEG Leverage Shares 2X Long BA Daily ETF	-12.49%	6.85%
NFLU T-REX 2X Long Netflix Daily Target ETF	-45.99%	-47.26%

Correlation

The correlation between BOEG and NFLU is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (All Time) Calculated using the full available price history since Jun 13, 2025	0.22

Return for Risk

BOEG vs. NFLU — Risk / Return Rank

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

BOEG

BOEG Risk / Return Rank: 5
BOEG Sharpe Ratio Rank: 6
BOEG Sortino Ratio Rank: 7
BOEG Omega Ratio Rank: 6
BOEG Calmar Ratio Rank: 5
BOEG Martin Ratio Rank: 4

NFLU

NFLU Risk / Return Rank: 1
NFLU Sharpe Ratio Rank: 1
NFLU Sortino Ratio Rank: 0
NFLU Omega Ratio Rank: 0
NFLU Calmar Ratio Rank: 1
NFLU Martin Ratio Rank: 1

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.

BOEG vs. NFLU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BA Daily ETF (BOEG) and T-REX 2X Long Netflix Daily Target ETF (NFLU). 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.

	BOEG	NFLU	Difference
Sharpe ratio: Return per unit of total volatility	-0.41	-1.06	+0.64
Sortino ratio: Return per unit of downside risk	-0.24	-2.02	+1.78
Omega ratio: Gain probability vs. loss probability	0.97	0.75	+0.22
Calmar ratio: Return relative to maximum drawdown	-0.57	-0.96	+0.39
Martin ratio: Return relative to average drawdown	-1.08	-1.51	+0.44

BOEG vs. NFLU - Sharpe Ratio Comparison

The current BOEG Sharpe Ratio is -0.41, which is higher than the NFLU Sharpe Ratio of -1.06. The chart below compares the historical Sharpe Ratios of BOEG and NFLU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BOEG vs. NFLU - Drawdown Comparison

The maximum BOEG drawdown since its inception was -46.47%, smaller than the maximum NFLU drawdown of -77.98%. Use the drawdown chart below to compare losses from any high point for BOEG and NFLU.

Drawdown Indicators

	BOEG	NFLU	Difference
Max Drawdown Largest peak-to-trough decline	-46.47%	-77.98%	+31.51%
Max Drawdown (1Y) Largest decline over 1 year	-46.47%	-75.70%	+29.23%
Current Drawdown Current decline from peak	-34.30%	-76.42%	+42.12%
Average Drawdown Average peak-to-trough decline	-20.07%	-30.55%	+10.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.46%	47.98%	-23.52%

Volatility

BOEG vs. NFLU - Volatility Comparison

The current volatility for Leverage Shares 2X Long BA Daily ETF (BOEG) is 21.21%, while T-REX 2X Long Netflix Daily Target ETF (NFLU) has a volatility of 23.42%. This indicates that BOEG experiences smaller price fluctuations and is considered to be less risky than NFLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOEG	NFLU	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.21%	23.42%	-2.21%
Volatility (6M) Calculated over the trailing 6-month period	47.94%	53.45%	-5.51%
Volatility (1Y) Calculated over the trailing 1-year period	64.12%	69.15%	-5.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.04%	69.34%	-5.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.04%	69.34%	-5.30%

BOEG vs. NFLU - Expense Ratio Comparison

BOEG has a 0.75% expense ratio, which is lower than NFLU's 1.05% expense ratio.

Dividends

BOEG vs. NFLU - Dividend Comparison

Neither BOEG nor NFLU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BOEG and NFLU in my portfolio?

BOEG and NFLU have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BOEG or NFLU?

NFLU has higher volatility (23.42%) compared to BOEG (21.21%). In terms of maximum drawdown, BOEG dropped -46.47% vs NFLU's -77.98%.

Which ETF is better, BOEG or NFLU?

On 1-year performance, BOEG leads with -26.33% vs -72.67% for NFLU. On fees, BOEG is cheaper at 0.75% per year. On volatility, BOEG has been the lower-risk option at 21.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BOEG or NFLU?

Over the 1-year period, BOEG has performed better with a -26.33% return vs -72.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BOEG or NFLU?

BOEG is cheaper with a 0.75% expense ratio, compared with 1.05% for NFLU.

Which ETF pays a higher dividend yield, BOEG or NFLU?

BOEG and NFLU have nearly identical dividend yields, around 0.00%.

What is the main difference between BOEG and NFLU?

They also come from different issuers: Leverage Shares and REX Shares. Their fees differ too: 0.75% for BOEG and 1.05% for NFLU.

Which has better risk-adjusted returns?

BOEG currently has the higher Sharpe Ratio (-0.41 vs -1.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.