CMGG vs. QUBX
CMGG (Leverage Shares 2X Long CMG Daily ETF) and QUBX (Tradr 2X Long QUBT Daily ETF) are both Leveraged Equities funds. At a 0.12 correlation, their price movements are largely independent. CMGG charges 0.75%/yr vs 1.30%/yr for QUBX.
Performance
CMGG vs. QUBX - Performance Comparison
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Returns By Period
In the year-to-date period, CMGG achieves a -20.13% return, which is significantly higher than QUBX's -61.18% return.
CMGG
- 1D
- 4.18%
- 1M
- 17.79%
- 6M
- -31.72%
- YTD
- -20.13%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QUBX
- 1D
- -11.29%
- 1M
- -30.58%
- 6M
- -69.61%
- YTD
- -61.18%
- 1Y
- -92.84%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CMGG vs. QUBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CMGG Leverage Shares 2X Long CMG Daily ETF | -20.13% | 36.20% |
QUBX Tradr 2X Long QUBT Daily ETF | -61.18% | -19.00% |
Correlation
The correlation between CMGG and QUBX is 0.12, 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 17, 2025 | 0.12 |
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Return for Risk
CMGG vs. QUBX — Risk / Return Rank
CMGG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QUBX
CMGG vs. QUBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long CMG Daily ETF (CMGG) and Tradr 2X Long QUBT Daily ETF (QUBX). 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.
| CMGG | QUBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.93 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.98 | — |
| Martin ratioReturn relative to average drawdown | — | -1.22 | — |
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Drawdowns
CMGG vs. QUBX - Drawdown Comparison
The maximum CMGG drawdown since its inception was -56.75%, smaller than the maximum QUBX drawdown of -96.40%. Use the drawdown chart below to compare losses from any high point for CMGG and QUBX.
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Drawdown Indicators
| CMGG | QUBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.75% | -96.40% | +39.65% |
Max Drawdown (1Y)Largest decline over 1 year | — | -96.40% | — |
Current DrawdownCurrent decline from peak | -33.76% | -95.29% | +61.53% |
Average DrawdownAverage peak-to-trough decline | -24.50% | -71.75% | +47.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 77.25% | — |
Volatility
CMGG vs. QUBX - Volatility Comparison
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Volatility by Period
| CMGG | QUBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 51.01% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 132.50% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 69.90% | 199.93% | -130.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.90% | 198.92% | -129.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.90% | 198.92% | -129.02% |
CMGG vs. QUBX - Expense Ratio Comparison
CMGG has a 0.75% expense ratio, which is lower than QUBX's 1.30% expense ratio.
Dividends
CMGG vs. QUBX - Dividend Comparison
Neither CMGG nor QUBX has paid dividends to shareholders.
Frequently Asked Questions
CMGG and QUBX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CMGG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CMGG is cheaper with a 0.75% expense ratio, compared with 1.30% for QUBX.
CMGG and QUBX have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for CMGG and 1.30% for QUBX.
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