DNNG vs. ORLG
DNNG (Leverage Shares 2X Long DNN Daily ETF) and ORLG (Leverage Shares 2X Long ORLY Daily ETF) are both Leveraged Equities funds from Leverage Shares - DNNG tracks the Denison Mines Corp. (DNN) while ORLG tracks the O'Reilly Automotive, Inc. (ORLY). Both are passively managed. At a correlation of -0.03, they often move in opposite directions. Both charge a 0.75% expense ratio.
Performance
DNNG vs. ORLG - Performance Comparison
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Returns By Period
DNNG
- 1D
- -3.18%
- 1M
- -2.37%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ORLG
- 1D
- -2.77%
- 1M
- -13.73%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DNNG vs. ORLG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DNNG Leverage Shares 2X Long DNN Daily ETF | -44.91% |
ORLG Leverage Shares 2X Long ORLY Daily ETF | -20.45% |
Correlation
The correlation between DNNG and ORLG is -0.03, 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 Feb 10, 2026 | -0.03 |
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Return for Risk
DNNG vs. ORLG - 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 ORLY Daily ETF (ORLG). 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.
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Drawdowns
DNNG vs. ORLG - Drawdown Comparison
The maximum DNNG drawdown since its inception was -65.39%, which is greater than ORLG's maximum drawdown of -33.97%. Use the drawdown chart below to compare losses from any high point for DNNG and ORLG.
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Drawdown Indicators
| DNNG | ORLG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.39% | -33.97% | -31.42% |
Current DrawdownCurrent decline from peak | -54.05% | -33.97% | -20.08% |
Average DrawdownAverage peak-to-trough decline | -33.62% | -18.85% | -14.77% |
Volatility
DNNG vs. ORLG - Volatility Comparison
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Volatility by Period
| DNNG | ORLG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 119.01% | 54.07% | +64.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 119.01% | 54.07% | +64.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 119.01% | 54.07% | +64.94% |
DNNG vs. ORLG - Expense Ratio Comparison
Both DNNG and ORLG have an expense ratio of 0.75%.
Dividends
DNNG vs. ORLG - Dividend Comparison
Neither DNNG nor ORLG has paid dividends to shareholders.
Frequently Asked Questions
DNNG and ORLG have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
DNNG and ORLG have the same expense ratio: 0.75% per year.
DNNG and ORLG have nearly identical dividend yields, around 0.00%.
DNNG tracks Denison Mines Corp. (DNN), while ORLG tracks O'Reilly Automotive, Inc. (ORLY).
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