DRNL vs. COTG
DRNL (Defiance 2X Daily Long Pure Drone & Aerial Automation ETF) and COTG (Leverage Shares 2X Long COST Daily ETF) are both Leveraged Equities funds. DRNL is passively managed, while COTG is actively managed. At a correlation of -0.23, they often move in opposite directions. DRNL charges 1.31%/yr vs 0.75%/yr for COTG.
Performance
DRNL vs. COTG - Performance Comparison
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Returns By Period
DRNL
- 1D
- -10.39%
- 1M
- -43.38%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COTG
- 1D
- -3.76%
- 1M
- -12.76%
- YTD
- 11.90%
- 6M
- 8.93%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRNL vs. COTG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF | -68.51% |
COTG Leverage Shares 2X Long COST Daily ETF | -15.45% |
Correlation
The correlation between DRNL and COTG is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 3, 2026 | -0.23 |
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Return for Risk
DRNL vs. COTG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance 2X Daily Long Pure Drone & Aerial Automation ETF (DRNL) and Leverage Shares 2X Long COST Daily ETF (COTG). 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
DRNL vs. COTG - Drawdown Comparison
The maximum DRNL drawdown since its inception was -70.63%, which is greater than COTG's maximum drawdown of -27.02%. Use the drawdown chart below to compare losses from any high point for DRNL and COTG.
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Drawdown Indicators
| DRNL | COTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.63% | -27.02% | -43.61% |
Current DrawdownCurrent decline from peak | -70.63% | -27.02% | -43.61% |
Average DrawdownAverage peak-to-trough decline | -39.98% | -9.88% | -30.10% |
Volatility
DRNL vs. COTG - Volatility Comparison
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Volatility by Period
| DRNL | COTG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 141.57% | 40.04% | +101.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 141.57% | 40.04% | +101.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 141.57% | 40.04% | +101.53% |
DRNL vs. COTG - Expense Ratio Comparison
DRNL has a 1.31% expense ratio, which is higher than COTG's 0.75% expense ratio.
Dividends
DRNL vs. COTG - Dividend Comparison
Neither DRNL nor COTG has paid dividends to shareholders.
Frequently Asked Questions
DRNL and COTG have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COTG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COTG is cheaper with a 0.75% expense ratio, compared with 1.31% for DRNL.
DRNL and COTG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.31% for DRNL and 0.75% for COTG.
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