BULX vs. UUUG

Last updated Jul 4, 2026

BULX (GraniteShares 2x Long BULL Daily ETF) and UUUG (Leverage Shares 2X Long UUUU Daily ETF) are both Leveraged Equities funds. BULX is actively managed, while UUUG is passively managed. At a 0.47 correlation, their price movements are largely independent. BULX charges 1.50%/yr vs 0.75%/yr for UUUG.

Performance

BULX vs. UUUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long BULL Daily ETF (BULX) and Leverage Shares 2X Long UUUU Daily ETF (UUUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BULX

• 1D: 0.00%
• 1M: -8.80%
• 6M: -62.12%
• YTD: -58.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UUUG

• 1D: -6.86%
• 1M: -45.70%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BULX vs. UUUG - Yearly Performance Comparison

	2026 (YTD)
BULX GraniteShares 2x Long BULL Daily ETF	-62.66%
UUUG Leverage Shares 2X Long UUUU Daily ETF	-69.59%

Correlation

The correlation between BULX and UUUG is 0.47, 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 Jan 13, 2026	0.47

Return for Risk

BULX vs. UUUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long BULL Daily ETF (BULX) and Leverage Shares 2X Long UUUU Daily ETF (UUUG). 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.

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

Drawdowns

BULX vs. UUUG - Drawdown Comparison

The maximum BULX drawdown since its inception was -93.25%, which is greater than UUUG's maximum drawdown of -84.01%. Use the drawdown chart below to compare losses from any high point for BULX and UUUG.

Drawdown Indicators

	BULX	UUUG	Difference
Max Drawdown Largest peak-to-trough decline	-93.25%	-84.01%	-9.24%
Current Drawdown Current decline from peak	-90.87%	-84.01%	-6.86%
Average Drawdown Average peak-to-trough decline	-70.61%	-55.83%	-14.78%

Volatility

Volatility by Period

	BULX	UUUG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	109.18%	184.68%	-75.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	109.18%	184.68%	-75.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	109.18%	184.68%	-75.50%

BULX vs. UUUG - Expense Ratio Comparison

BULX has a 1.50% expense ratio, which is higher than UUUG's 0.75% expense ratio.

Dividends

BULX vs. UUUG - Dividend Comparison

Neither BULX nor UUUG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BULX and UUUG in my portfolio?

BULX and UUUG have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BULX or UUUG?

On fees, UUUG 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, BULX or UUUG?

UUUG is cheaper with a 0.75% expense ratio, compared with 1.50% for BULX.

Which ETF pays a higher dividend yield, BULX or UUUG?

BULX and UUUG have nearly identical dividend yields, around 0.00%.

What is the main difference between BULX and UUUG?

They also come from different issuers: GraniteShares and Leverage Shares. Their fees differ too: 1.50% for BULX and 0.75% for UUUG.