COIG vs. GMEU

Last updated Jun 6, 2026

COIG (Leverage Shares 2X Long COIN Daily ETF) and GMEU (T-Rex 2X Long GME Daily Target ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, COIG returned -80.06% vs -69.08% for GMEU. At a 0.31 correlation, their price movements are largely independent. COIG charges 0.75%/yr vs 1.50%/yr for GMEU.

Performance

COIG vs. GMEU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long COIN Daily ETF (COIG) and T-Rex 2X Long GME Daily Target ETF (GMEU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COIG achieves a -67.38% return, which is significantly lower than GMEU's -4.94% return.

COIG

• 1D: -14.29%
• 1M: -44.01%
• YTD: -67.38%
• 6M: -77.55%
• 1Y: -80.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GMEU

• 1D: -4.61%
• 1M: -28.19%
• YTD: -4.94%
• 6M: -29.47%
• 1Y: -69.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COIG vs. GMEU - Yearly Performance Comparison

	2026 (YTD)	2025
COIG Leverage Shares 2X Long COIN Daily ETF	-67.38%	-21.33%
GMEU T-Rex 2X Long GME Daily Target ETF	-4.94%	-65.56%

Correlation

The correlation between COIG and GMEU is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025	0.31

Return for Risk

COIG vs. GMEU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COIG

COIG Risk / Return Rank: 4
COIG Sharpe Ratio Rank: 4
COIG Sortino Ratio Rank: 4
COIG Omega Ratio Rank: 5
COIG Calmar Ratio Rank: 1
COIG Martin Ratio Rank: 3

GMEU

GMEU Risk / Return Rank: 2
GMEU Sharpe Ratio Rank: 3
GMEU Sortino Ratio Rank: 3
GMEU Omega Ratio Rank: 2
GMEU Calmar Ratio Rank: 0
GMEU Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COIG vs. GMEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long COIN Daily ETF (COIG) and T-Rex 2X Long GME Daily Target ETF (GMEU). 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.

	COIG	GMEU	Difference
Sharpe ratio: Return per unit of total volatility	-0.58	-0.81	+0.24
Sortino ratio: Return per unit of downside risk	-0.69	-1.13	+0.45
Omega ratio: Gain probability vs. loss probability	0.92	0.85	+0.08
Calmar ratio: Return relative to maximum drawdown	-0.87	-0.95	+0.09
Martin ratio: Return relative to average drawdown	-1.21	-1.20	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COIG vs. GMEU - Sharpe Ratio Comparison

The current COIG Sharpe Ratio is -0.58, which is comparable to the GMEU Sharpe Ratio of -0.81. The chart below compares the historical Sharpe Ratios of COIG and GMEU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	COIG	GMEU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.58	-0.81	+0.24
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	-0.71	+0.28

Drawdowns

COIG vs. GMEU - Drawdown Comparison

The maximum COIG drawdown since its inception was -92.67%, which is greater than GMEU's maximum drawdown of -80.43%. Use the drawdown chart below to compare losses from any high point for COIG and GMEU.

Drawdown Indicators

	COIG	GMEU	Difference
Max Drawdown Largest peak-to-trough decline	-92.67%	-80.43%	-12.24%
Max Drawdown (1Y) Largest decline over 1 year	-92.67%	-72.75%	-19.92%
Current Drawdown Current decline from peak	-92.67%	-78.93%	-13.74%
Average Drawdown Average peak-to-trough decline	-51.96%	-63.30%	+11.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	66.38%	57.36%	+9.02%

Volatility

COIG vs. GMEU - Volatility Comparison

Leverage Shares 2X Long COIN Daily ETF (COIG) has a higher volatility of 39.97% compared to T-Rex 2X Long GME Daily Target ETF (GMEU) at 23.03%. This indicates that COIG's price experiences larger fluctuations and is considered to be riskier than GMEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COIG	GMEU	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.97%	23.03%	+16.94%
Volatility (6M) Calculated over the trailing 6-month period	100.60%	57.67%	+42.93%
Volatility (1Y) Calculated over the trailing 1-year period	139.64%	85.25%	+54.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.55%	89.72%	+56.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.55%	89.72%	+56.83%

COIG vs. GMEU - Expense Ratio Comparison

COIG has a 0.75% expense ratio, which is lower than GMEU's 1.50% expense ratio.

Dividends

COIG vs. GMEU - Dividend Comparison

Neither COIG nor GMEU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both COIG and GMEU in my portfolio?

COIG and GMEU have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COIG or GMEU?

COIG has higher volatility (39.97%) compared to GMEU (23.03%). In terms of maximum drawdown, COIG dropped -92.67% vs GMEU's -80.43%.

Which ETF is better, COIG or GMEU?

On 1-year performance, GMEU leads with -69.08% vs -80.06% for COIG. On fees, COIG is cheaper at 0.75% per year. On volatility, GMEU has been the lower-risk option at 23.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COIG or GMEU?

Over the 1-year period, GMEU has performed better with a -69.08% return vs -80.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, COIG or GMEU?

COIG is cheaper with a 0.75% expense ratio, compared with 1.50% for GMEU.

Which ETF pays a higher dividend yield, COIG or GMEU?

COIG and GMEU have nearly identical dividend yields, around 0.00%.

What is the main difference between COIG and GMEU?

They also come from different issuers: Leverage Shares and T-Rex. Their fees differ too: 0.75% for COIG and 1.50% for GMEU.

Which has better risk-adjusted returns?

COIG currently has the higher Sharpe Ratio (-0.58 vs -0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.