BOEG vs. TERG

Last updated Jun 23, 2026

BOEG (Leverage Shares 2X Long BA Daily ETF) and TERG (Leverage Shares 2X Long TER Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.30 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

BOEG vs. TERG - Performance Comparison

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

Returns By Period

In the year-to-date period, BOEG achieves a -7.07% return, which is significantly lower than TERG's 288.74% return.

BOEG

• 1D: -2.30%
• 1M: -0.32%
• YTD: -7.07%
• 6M: -7.05%
• 1Y: -0.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TERG

• 1D: 8.68%
• 1M: 51.45%
• YTD: 288.74%
• 6M: 274.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BOEG vs. TERG - Yearly Performance Comparison

	2026 (YTD)	2025
BOEG Leverage Shares 2X Long BA Daily ETF	-7.07%	20.93%
TERG Leverage Shares 2X Long TER Daily ETF	288.74%	20.91%

Correlation

The correlation between BOEG and TERG is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.30

Return for Risk

BOEG vs. TERG — Risk / Return Rank

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

BOEG

BOEG Risk / Return Rank: 10
BOEG Sharpe Ratio Rank: 9
BOEG Sortino Ratio Rank: 11
BOEG Omega Ratio Rank: 11
BOEG Calmar Ratio Rank: 8
BOEG Martin Ratio Rank: 8

TERG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. TERG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BA Daily ETF (BOEG) and Leverage Shares 2X Long TER Daily ETF (TERG). 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	TERG	Difference
Sharpe ratio: Return per unit of total volatility	-0.01	—	—
Sortino ratio: Return per unit of downside risk	0.47	—	—
Omega ratio: Gain probability vs. loss probability	1.05	—	—
Calmar ratio: Return relative to maximum drawdown	-0.01	—	—
Martin ratio: Return relative to average drawdown	-0.02	—	—

Drawdowns

BOEG vs. TERG - Drawdown Comparison

The maximum BOEG drawdown since its inception was -46.47%, smaller than the maximum TERG drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for BOEG and TERG.

Drawdown Indicators

	BOEG	TERG	Difference
Max Drawdown Largest peak-to-trough decline	-46.47%	-49.52%	+3.05%
Max Drawdown (1Y) Largest decline over 1 year	-46.47%	—	—
Current Drawdown Current decline from peak	-30.23%	-0.91%	-29.32%
Average Drawdown Average peak-to-trough decline	-19.52%	-14.57%	-4.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.39%	—	—

Volatility

Volatility by Period

	BOEG	TERG	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	47.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	64.38%	144.61%	-80.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.07%	144.61%	-80.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.07%	144.61%	-80.54%

BOEG vs. TERG - Expense Ratio Comparison

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

Dividends

BOEG vs. TERG - Dividend Comparison

Neither BOEG nor TERG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BOEG and TERG in my portfolio?

BOEG and TERG have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BOEG or TERG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BOEG or TERG?

BOEG and TERG have the same expense ratio: 0.75% per year.

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

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