COZX vs. CMGG

Last updated Jun 25, 2026

COZX (Tradr 2X Long CORZ Daily ETF) and CMGG (Leverage Shares 2X Long CMG Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.08 correlation, their price movements are largely independent. COZX charges 1.30%/yr vs 0.75%/yr for CMGG.

Performance

COZX vs. CMGG - Performance Comparison

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

Returns By Period

In the year-to-date period, COZX achieves a 171.81% return, which is significantly higher than CMGG's -34.81% return.

COZX

• 1D: -9.88%
• 1M: 15.24%
• YTD: 171.81%
• 6M: 137.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CMGG

• 1D: 4.34%
• 1M: -9.17%
• YTD: -34.81%
• 6M: -37.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COZX vs. CMGG - Yearly Performance Comparison

	2026 (YTD)	2025
COZX Tradr 2X Long CORZ Daily ETF	171.81%	-10.86%
CMGG Leverage Shares 2X Long CMG Daily ETF	-34.81%	36.20%

Correlation

The correlation between COZX and CMGG is 0.08, 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 Nov 17, 2025	0.08

Return for Risk

COZX vs. CMGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long CORZ Daily ETF (COZX) and Leverage Shares 2X Long CMG Daily ETF (CMGG). 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

COZX vs. CMGG - Drawdown Comparison

The maximum COZX drawdown since its inception was -70.44%, which is greater than CMGG's maximum drawdown of -56.75%. Use the drawdown chart below to compare losses from any high point for COZX and CMGG.

Drawdown Indicators

	COZX	CMGG	Difference
Max Drawdown Largest peak-to-trough decline	-70.44%	-56.75%	-13.69%
Current Drawdown Current decline from peak	-11.21%	-45.94%	+34.73%
Average Drawdown Average peak-to-trough decline	-41.13%	-23.52%	-17.61%

Volatility

Volatility by Period

	COZX	CMGG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	136.34%	68.93%	+67.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	136.34%	68.93%	+67.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	136.34%	68.93%	+67.41%

COZX vs. CMGG - Expense Ratio Comparison

COZX has a 1.30% expense ratio, which is higher than CMGG's 0.75% expense ratio.

Dividends

COZX vs. CMGG - Dividend Comparison

Neither COZX nor CMGG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both COZX and CMGG in my portfolio?

COZX and CMGG have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COZX or CMGG?

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.

Which ETF is cheaper, COZX or CMGG?

CMGG is cheaper with a 0.75% expense ratio, compared with 1.30% for COZX.

Which ETF pays a higher dividend yield, COZX or CMGG?

COZX and CMGG have nearly identical dividend yields, around 0.00%.

What is the main difference between COZX and CMGG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for COZX and 0.75% for CMGG.