COTG vs. FWD
COTG (Leverage Shares 2X Long COST Daily ETF) and FWD (AB Disruptors ETF) are both exchange-traded funds - COTG is a Leveraged Equities fund actively managed by Leverage Shares, while FWD is a Global Equities fund actively managed by AllianceBernstein. Both are actively managed. Their -0.25 correlation means they have often moved in opposite directions in the past. COTG charges 0.75%/yr vs 0.65%/yr for FWD.
Performance
COTG vs. FWD - Performance Comparison
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Returns By Period
In the year-to-date period, COTG achieves a 12.60% return, which is significantly lower than FWD's 20.07% return.
COTG
- 1D
- -0.68%
- 1M
- -0.88%
- 6M
- -3.87%
- YTD
- 12.60%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FWD
- 1D
- 1.20%
- 1M
- -8.86%
- 6M
- 11.18%
- YTD
- 20.07%
- 1Y
- 39.21%
- 3Y*
- 29.50%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 31.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $653.21K | $1.05M | $1.51M | |
| $39.66M | $42.86M | $36.96M |
COTG vs. FWD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
COTG Leverage Shares 2X Long COST Daily ETF | 12.60% | -22.61% |
FWD AB Disruptors ETF | 20.07% | 6.18% |
Correlation
The correlation between COTG and FWD is -0.25, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 18, 2025 | -0.25 |
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Return for Risk
COTG vs. FWD — Risk / Return Rank
COTG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FWD
COTG vs. FWD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long COST Daily ETF (COTG) and AB Disruptors ETF (FWD). 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.
| COTG | FWD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.78 | — |
| Martin ratioReturn relative to average drawdown | — | 6.86 | — |
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Drawdowns
COTG vs. FWD - Drawdown Comparison
The maximum COTG drawdown since its inception was -32.16%, which is greater than FWD's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for COTG and FWD.
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Drawdown Indicators
| COTG | FWD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.16% | -29.02% | -3.14% |
Max Drawdown (1Y)Largest decline over 1 year | — | -20.49% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.02% | — |
Current DrawdownCurrent decline from peak | -26.56% | -15.78% | -10.78% |
Average DrawdownAverage peak-to-trough decline | -11.97% | -4.26% | -7.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.32% | — |
Volatility
COTG vs. FWD - Volatility Comparison
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Volatility by Period
| COTG | FWD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.37% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 24.87% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 40.99% | 29.47% | +11.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.99% | 26.00% | +14.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.99% | 26.00% | +14.99% |
COTG vs. FWD - Expense Ratio Comparison
COTG has a 0.75% expense ratio, which is higher than FWD's 0.65% expense ratio.
Dividends
COTG vs. FWD - Dividend Comparison
COTG has not paid dividends to shareholders, while FWD's dividend yield for the trailing twelve months is around 0.09%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
COTG Leverage Shares 2X Long COST Daily ETF | 0.00% | 0.00% | 0.00% |
FWD AB Disruptors ETF | 0.09% | 0.11% | 1.89% |
Frequently Asked Questions
COTG and FWD have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FWD is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWD is cheaper with a 0.65% expense ratio, compared with 0.75% for COTG.
FWD has the higher dividend yield at 0.09%, compared with 0.00% for COTG.
COTG is categorized as Leveraged Equities, while FWD is Global Equities. They also come from different issuers: Leverage Shares and AllianceBernstein. Their fees differ too: 0.75% for COTG and 0.65% for FWD.
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