BU vs. BOEG
BU (Defiance Daily Target 2X Long B ETF) and BOEG (Leverage Shares 2X Long BA Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. BU charges 1.29%/yr vs 0.75%/yr for BOEG.
Performance
BU vs. BOEG - Performance Comparison
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Returns By Period
In the year-to-date period, BU achieves a -29.80% return, which is significantly lower than BOEG's -10.46% return.
BU
- 1D
- 0.00%
- 1M
- -6.46%
- YTD
- -29.80%
- 6M
- -36.49%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BOEG
- 1D
- -3.65%
- 1M
- -3.95%
- YTD
- -10.46%
- 6M
- -10.54%
- 1Y
- -7.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BU vs. BOEG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BU Defiance Daily Target 2X Long B ETF | -29.80% | 27.72% |
BOEG Leverage Shares 2X Long BA Daily ETF | -10.46% | 27.25% |
Correlation
The correlation between BU and BOEG is 0.31, 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 19, 2025 | 0.31 |
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Return for Risk
BU vs. BOEG — Risk / Return Rank
BU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BOEG
BU vs. BOEG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long B ETF (BU) 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.
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.
| BU | BOEG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.04 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.15 | — |
| Martin ratioReturn relative to average drawdown | — | -0.30 | — |
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Drawdowns
BU vs. BOEG - Drawdown Comparison
The maximum BU drawdown since its inception was -53.98%, which is greater than BOEG's maximum drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for BU and BOEG.
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Drawdown Indicators
| BU | BOEG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.98% | -46.47% | -7.51% |
Max Drawdown (1Y)Largest decline over 1 year | — | -46.47% | — |
Current DrawdownCurrent decline from peak | -51.59% | -32.78% | -18.81% |
Average DrawdownAverage peak-to-trough decline | -27.44% | -19.57% | -7.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 23.48% | — |
Volatility
BU vs. BOEG - Volatility Comparison
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Volatility by Period
| BU | BOEG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 21.62% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 47.16% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 95.37% | 64.36% | +31.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 95.37% | 64.05% | +31.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.37% | 64.05% | +31.32% |
BU vs. BOEG - Expense Ratio Comparison
BU has a 1.29% expense ratio, which is higher than BOEG's 0.75% expense ratio.
Dividends
BU vs. BOEG - Dividend Comparison
Neither BU nor BOEG has paid dividends to shareholders.
Frequently Asked Questions
BU and BOEG have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BOEG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BOEG is cheaper with a 0.75% expense ratio, compared with 1.29% for BU.
BU and BOEG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.29% for BU and 0.75% for BOEG.
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