CLSX vs. BLSG

Last updated Jun 25, 2026

CLSX (Tradr 2X Long CLSK Daily ETF) and BLSG (Leverage Shares 2X Long BLSH Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. CLSX charges 1.30%/yr vs 0.75%/yr for BLSG.

Performance

CLSX vs. BLSG - Performance Comparison

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

Returns By Period

In the year-to-date period, CLSX achieves a 60.09% return, which is significantly higher than BLSG's -72.84% return.

CLSX

• 1D: -11.28%
• 1M: -2.59%
• YTD: 60.09%
• 6M: 24.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLSG

• 1D: -11.67%
• 1M: -58.73%
• YTD: -72.84%
• 6M: -78.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLSX vs. BLSG - Yearly Performance Comparison

	2026 (YTD)	2025
CLSX Tradr 2X Long CLSK Daily ETF	60.09%	-78.12%
BLSG Leverage Shares 2X Long BLSH Daily ETF	-72.84%	-58.81%

Correlation

The correlation between CLSX and BLSG is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025	0.59

Return for Risk

CLSX vs. BLSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long CLSK Daily ETF (CLSX) and Leverage Shares 2X Long BLSH Daily ETF (BLSG). 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

CLSX vs. BLSG - Drawdown Comparison

The maximum CLSX drawdown since its inception was -93.16%, roughly equal to the maximum BLSG drawdown of -89.13%. Use the drawdown chart below to compare losses from any high point for CLSX and BLSG.

Drawdown Indicators

	CLSX	BLSG	Difference
Max Drawdown Largest peak-to-trough decline	-93.16%	-89.13%	-4.03%
Current Drawdown Current decline from peak	-77.32%	-89.13%	+11.81%
Average Drawdown Average peak-to-trough decline	-69.47%	-61.96%	-7.51%

Volatility

Volatility by Period

	CLSX	BLSG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	190.49%	146.21%	+44.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	190.49%	146.21%	+44.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	190.49%	146.21%	+44.28%

CLSX vs. BLSG - Expense Ratio Comparison

CLSX has a 1.30% expense ratio, which is higher than BLSG's 0.75% expense ratio.

Dividends

CLSX vs. BLSG - Dividend Comparison

Neither CLSX nor BLSG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CLSX and BLSG in my portfolio?

CLSX and BLSG have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CLSX or BLSG?

On fees, BLSG 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, CLSX or BLSG?

BLSG is cheaper with a 0.75% expense ratio, compared with 1.30% for CLSX.

Which ETF pays a higher dividend yield, CLSX or BLSG?

CLSX and BLSG have nearly identical dividend yields, around 0.00%.

What is the main difference between CLSX and BLSG?

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