CLSX vs. KLAG

Last updated Jun 25, 2026

CLSX (Tradr 2X Long CLSK Daily ETF) and KLAG (Leverage Shares 2X Long KLAC Daily ETF) are both Leveraged Equities funds. CLSX is actively managed, while KLAG is passively managed. At a 0.43 correlation, their price movements are largely independent. CLSX charges 1.30%/yr vs 0.75%/yr for KLAG.

Performance

CLSX vs. KLAG - 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 KLAC Daily ETF (KLAG). 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 lower than KLAG's 204.92% return.

CLSX

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

KLAG

• 1D: -3.77%
• 1M: 49.61%
• YTD: 204.92%
• 6M: 175.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLSX vs. KLAG - Yearly Performance Comparison

	2026 (YTD)	2025
CLSX Tradr 2X Long CLSK Daily ETF	60.09%	-23.75%
KLAG Leverage Shares 2X Long KLAC Daily ETF	204.92%	-0.75%

Correlation

The correlation between CLSX and KLAG is 0.43, 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 18, 2025	0.43

Return for Risk

CLSX vs. KLAG - 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 KLAC Daily ETF (KLAG). 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. KLAG - Drawdown Comparison

The maximum CLSX drawdown since its inception was -93.16%, which is greater than KLAG's maximum drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for CLSX and KLAG.

Drawdown Indicators

	CLSX	KLAG	Difference
Max Drawdown Largest peak-to-trough decline	-93.16%	-42.37%	-50.79%
Current Drawdown Current decline from peak	-77.32%	-21.08%	-56.24%
Average Drawdown Average peak-to-trough decline	-69.47%	-14.50%	-54.97%

Volatility

Volatility by Period

	CLSX	KLAG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	190.49%	122.80%	+67.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	190.49%	122.80%	+67.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	190.49%	122.80%	+67.69%

CLSX vs. KLAG - Expense Ratio Comparison

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

Dividends

CLSX vs. KLAG - Dividend Comparison

Neither CLSX nor KLAG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CLSX and KLAG in my portfolio?

CLSX and KLAG have a correlation of 0.43, 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 KLAG?

On fees, KLAG 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 KLAG?

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

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

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

What is the main difference between CLSX and KLAG?

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