COIG vs. TSLG

Last updated Jun 6, 2026

COIG (Leverage Shares 2X Long COIN Daily ETF) and TSLG (Leverage Shares 2X Long TSLA Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. Over the past year, COIG returned -80.06% vs 36.71% for TSLG. At a 0.47 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

COIG vs. TSLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long COIN Daily ETF (COIG) and Leverage Shares 2X Long TSLA Daily ETF (TSLG). 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 TSLG's -33.05% return.

COIG

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

TSLG

• 1D: -13.33%
• 1M: -6.73%
• YTD: -33.05%
• 6M: -35.69%
• 1Y: 36.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COIG vs. TSLG - Yearly Performance Comparison

	2026 (YTD)	2025
COIG Leverage Shares 2X Long COIN Daily ETF	-67.38%	-9.46%
TSLG Leverage Shares 2X Long TSLA Daily ETF	-33.05%	118.62%

Correlation

The correlation between COIG and TSLG is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since Mar 17, 2025	0.47

Return for Risk

COIG vs. TSLG — 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

TSLG

TSLG Risk / Return Rank: 19
TSLG Sharpe Ratio Rank: 16
TSLG Sortino Ratio Rank: 23
TSLG Omega Ratio Rank: 22
TSLG Calmar Ratio Rank: 18
TSLG Martin Ratio Rank: 16

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. TSLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long COIN Daily ETF (COIG) and Leverage Shares 2X Long TSLA Daily ETF (TSLG). 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	TSLG	Difference
Sharpe ratio: Return per unit of total volatility	-0.58	0.42	-0.99
Sortino ratio: Return per unit of downside risk	-0.69	1.18	-1.86
Omega ratio: Gain probability vs. loss probability	0.92	1.14	-0.21
Calmar ratio: Return relative to maximum drawdown	-0.87	0.68	-1.54
Martin ratio: Return relative to average drawdown	-1.21	1.40	-2.61
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. TSLG - Sharpe Ratio Comparison

The current COIG Sharpe Ratio is -0.58, which is lower than the TSLG Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of COIG and TSLG, 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	TSLG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.58	0.42	-0.99
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	-0.40	-0.03

Drawdowns

COIG vs. TSLG - Drawdown Comparison

The maximum COIG drawdown since its inception was -92.67%, which is greater than TSLG's maximum drawdown of -82.86%. Use the drawdown chart below to compare losses from any high point for COIG and TSLG.

Drawdown Indicators

	COIG	TSLG	Difference
Max Drawdown Largest peak-to-trough decline	-92.67%	-82.86%	-9.81%
Max Drawdown (1Y) Largest decline over 1 year	-92.67%	-54.61%	-38.06%
Current Drawdown Current decline from peak	-92.67%	-66.18%	-26.49%
Average Drawdown Average peak-to-trough decline	-51.96%	-58.75%	+6.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	66.38%	26.25%	+40.13%

Volatility

COIG vs. TSLG - Volatility Comparison

Leverage Shares 2X Long COIN Daily ETF (COIG) has a higher volatility of 39.97% compared to Leverage Shares 2X Long TSLA Daily ETF (TSLG) at 28.25%. This indicates that COIG's price experiences larger fluctuations and is considered to be riskier than TSLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COIG	TSLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.97%	28.25%	+11.72%
Volatility (6M) Calculated over the trailing 6-month period	100.60%	55.82%	+44.78%
Volatility (1Y) Calculated over the trailing 1-year period	139.64%	93.25%	+46.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.55%	115.55%	+31.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.55%	115.55%	+31.00%

COIG vs. TSLG - Expense Ratio Comparison

Both COIG and TSLG have an expense ratio of 0.75%.

Dividends

COIG vs. TSLG - Dividend Comparison

COIG has not paid dividends to shareholders, while TSLG's dividend yield for the trailing twelve months is around 9.78%.

Position	TTM	2025
COIG Leverage Shares 2X Long COIN Daily ETF	0.00%	0.00%
TSLG Leverage Shares 2X Long TSLA Daily ETF	9.78%	6.55%

Frequently Asked Questions

Can I hold both COIG and TSLG in my portfolio?

COIG and TSLG have a correlation of 0.39, 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 TSLG?

COIG has higher volatility (39.97%) compared to TSLG (28.25%). In terms of maximum drawdown, COIG dropped -92.67% vs TSLG's -82.86%.

Which ETF is better, COIG or TSLG?

On 1-year performance, TSLG leads with 36.71% vs -80.06% for COIG. Both ETFs have the same 0.75% expense ratio. On volatility, TSLG has been the lower-risk option at 28.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COIG or TSLG?

Over the 1-year period, TSLG has performed better with a 36.71% 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 TSLG?

COIG and TSLG have the same expense ratio: 0.75% per year.

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

TSLG has the higher dividend yield at 9.78%, compared with 0.00% for COIG.

Which has better risk-adjusted returns?

TSLG currently has the higher Sharpe Ratio (0.42 vs -0.58), 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.