DNNG vs. GEVG

Last updated Jun 25, 2026

DNNG (Leverage Shares 2X Long DNN Daily ETF) and GEVG (Leverage Shares 2X Long GEV Daily ETF) are both Leveraged Equities funds from Leverage Shares. DNNG is passively managed, while GEVG is actively managed. A 0.52 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

DNNG vs. GEVG - Performance Comparison

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

Returns By Period

DNNG

• 1D: -6.12%
• 1M: -9.26%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GEVG

• 1D: 4.21%
• 1M: -1.00%
• YTD: 121.09%
• 6M: 112.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DNNG vs. GEVG - Yearly Performance Comparison

	2026 (YTD)
DNNG Leverage Shares 2X Long DNN Daily ETF	-48.80%
GEVG Leverage Shares 2X Long GEV Daily ETF	52.12%

Correlation

The correlation between DNNG and GEVG is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 10, 2026	0.52

Return for Risk

DNNG vs. GEVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long DNN Daily ETF (DNNG) and Leverage Shares 2X Long GEV Daily ETF (GEVG). 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

DNNG vs. GEVG - Drawdown Comparison

The maximum DNNG drawdown since its inception was -65.39%, which is greater than GEVG's maximum drawdown of -45.50%. Use the drawdown chart below to compare losses from any high point for DNNG and GEVG.

Drawdown Indicators

	DNNG	GEVG	Difference
Max Drawdown Largest peak-to-trough decline	-65.39%	-45.50%	-19.89%
Current Drawdown Current decline from peak	-57.29%	-20.84%	-36.45%
Average Drawdown Average peak-to-trough decline	-34.10%	-11.40%	-22.70%

Volatility

Volatility by Period

	DNNG	GEVG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	118.09%	100.77%	+17.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	118.09%	100.77%	+17.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	118.09%	100.77%	+17.32%

DNNG vs. GEVG - Expense Ratio Comparison

Both DNNG and GEVG have an expense ratio of 0.75%.

Dividends

DNNG vs. GEVG - Dividend Comparison

Neither DNNG nor GEVG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DNNG and GEVG in my portfolio?

DNNG and GEVG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DNNG or GEVG?

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, DNNG or GEVG?

DNNG and GEVG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, DNNG or GEVG?

DNNG and GEVG have nearly identical dividend yields, around 0.00%.