CEGX vs. SNAG

Last updated Jun 5, 2026

CEGX (Tradr 2X Long CEG Daily ETF) and SNAG (Leverage Shares 2X Long SNAP Daily ETF) are both Leveraged Equities funds. CEGX is actively managed, while SNAG is passively managed. At a 0.13 correlation, their price movements are largely independent. CEGX charges 1.30%/yr vs 0.75%/yr for SNAG.

Performance

CEGX vs. SNAG - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with CEGX having a -51.98% return and SNAG slightly lower at -54.52%.

CEGX

• 1D: -2.04%
• 1M: -34.04%
• YTD: -51.98%
• 6M: -57.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SNAG

• 1D: 10.73%
• 1M: -4.21%
• YTD: -54.52%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CEGX vs. SNAG - Yearly Performance Comparison

	2026 (YTD)	2025
CEGX Tradr 2X Long CEG Daily ETF	-51.98%	-4.64%
SNAG Leverage Shares 2X Long SNAP Daily ETF	-54.52%	11.30%

Correlation

The correlation between CEGX and SNAG is 0.13, 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 Dec 19, 2025	0.13

Return for Risk

CEGX vs. SNAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long CEG Daily ETF (CEGX) and Leverage Shares 2X Long SNAP Daily ETF (SNAG). 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

	CEGX	SNAG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.55	-0.66	+0.10

Drawdowns

CEGX vs. SNAG - Drawdown Comparison

The maximum CEGX drawdown since its inception was -66.35%, smaller than the maximum SNAG drawdown of -81.94%. Use the drawdown chart below to compare losses from any high point for CEGX and SNAG.

Drawdown Indicators

	CEGX	SNAG	Difference
Max Drawdown Largest peak-to-trough decline	-66.35%	-81.94%	+15.59%
Current Drawdown Current decline from peak	-65.48%	-61.45%	-4.03%
Average Drawdown Average peak-to-trough decline	-33.35%	-54.49%	+21.14%

Volatility

Volatility by Period

	CEGX	SNAG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	95.39%	119.01%	-23.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	95.39%	119.01%	-23.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.39%	119.01%	-23.62%

CEGX vs. SNAG - Expense Ratio Comparison

CEGX has a 1.30% expense ratio, which is higher than SNAG's 0.75% expense ratio.

Dividends

CEGX vs. SNAG - Dividend Comparison

Neither CEGX nor SNAG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CEGX and SNAG in my portfolio?

CEGX and SNAG have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CEGX or SNAG?

On fees, SNAG 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, CEGX or SNAG?

SNAG is cheaper with a 0.75% expense ratio, compared with 1.30% for CEGX.

Which ETF pays a higher dividend yield, CEGX or SNAG?

CEGX and SNAG have nearly identical dividend yields, around 0.00%.

What is the main difference between CEGX and SNAG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for CEGX and 0.75% for SNAG.