CNCG vs. BIDG

Last updated Jul 17, 2026

CNCG (Leverage Shares 2X Long CNC Daily ETF) and BIDG (Leverage Shares 2X Long BIDU Daily ETF) are both Leveraged Equities funds from Leverage Shares. CNCG is actively managed, while BIDG is passively managed. At a correlation of -0.04, they often move in opposite directions. Both charge a 0.75% expense ratio.

Performance

CNCG vs. BIDG - Performance Comparison

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

Returns By Period

CNCG

• 1D: -8.36%
• 1M: 6.46%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BIDG

• 1D: 2.25%
• 1M: -2.29%
• 6M: -51.60%
• YTD: -38.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CNCG vs. BIDG - Yearly Performance Comparison

	2026 (YTD)
CNCG Leverage Shares 2X Long CNC Daily ETF	13.28%
BIDG Leverage Shares 2X Long BIDU Daily ETF	-28.05%

Correlation

The correlation between CNCG and BIDG is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.04

Return for Risk

CNCG vs. BIDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long CNC Daily ETF (CNCG) and Leverage Shares 2X Long BIDU Daily ETF (BIDG). 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

CNCG vs. BIDG - Drawdown Comparison

The maximum CNCG drawdown since its inception was -16.89%, smaller than the maximum BIDG drawdown of -64.84%. Use the drawdown chart below to compare losses from any high point for CNCG and BIDG.

Drawdown Indicators

	CNCG	BIDG	Difference
Max Drawdown Largest peak-to-trough decline	-16.89%	-64.84%	+47.95%
Current Drawdown Current decline from peak	-13.64%	-59.16%	+45.52%
Average Drawdown Average peak-to-trough decline	-5.34%	-37.10%	+31.76%

Volatility

Volatility by Period

	CNCG	BIDG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	83.23%	102.92%	-19.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.23%	102.92%	-19.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.23%	102.92%	-19.69%

CNCG vs. BIDG - Expense Ratio Comparison

Both CNCG and BIDG have an expense ratio of 0.75%.

Dividends

CNCG vs. BIDG - Dividend Comparison

Neither CNCG nor BIDG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CNCG and BIDG in my portfolio?

CNCG and BIDG have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CNCG or BIDG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CNCG or BIDG?

CNCG and BIDG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, CNCG or BIDG?

CNCG and BIDG have nearly identical dividend yields, around 0.00%.