DUOG vs. NETX

Last updated Jun 4, 2026

DUOG (Leverage Shares 2X Long DUOL Daily ETF) and NETX (Tradr 2X Long NET Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.19 correlation, their price movements are largely independent. DUOG charges 0.75%/yr vs 1.30%/yr for NETX.

Performance

DUOG vs. NETX - Performance Comparison

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

Returns By Period

DUOG

• 1D: -4.87%
• 1M: -9.05%
• YTD: -70.05%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NETX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DUOG vs. NETX - Yearly Performance Comparison

	2026 (YTD)	2025
DUOG Leverage Shares 2X Long DUOL Daily ETF	-70.05%	-24.80%
NETX Tradr 2X Long NET Daily ETF	-18.20%	-10.65%

Correlation

The correlation between DUOG and NETX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 12, 2025	0.19

Return for Risk

DUOG vs. NETX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long DUOL Daily ETF (DUOG) and Tradr 2X Long NET Daily ETF (NETX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DUOG	NETX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.83	—	—

Drawdowns

Drawdown Indicators

	DUOG	NETX	Difference
Max Drawdown Largest peak-to-trough decline	-83.06%	—	—
Current Drawdown Current decline from peak	-77.48%	—	—
Average Drawdown Average peak-to-trough decline	-63.60%	—	—

Volatility

Volatility by Period

	DUOG	NETX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	115.53%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	115.53%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	115.53%	—	—

DUOG vs. NETX - Expense Ratio Comparison

DUOG has a 0.75% expense ratio, which is lower than NETX's 1.30% expense ratio.

Dividends

DUOG vs. NETX - Dividend Comparison

Neither DUOG nor NETX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DUOG and NETX in my portfolio?

DUOG and NETX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DUOG or NETX?

On fees, DUOG 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, DUOG or NETX?

DUOG is cheaper with a 0.75% expense ratio, compared with 1.30% for NETX.

Which ETF pays a higher dividend yield, DUOG or NETX?

DUOG and NETX have nearly identical dividend yields, around 0.00%.

What is the main difference between DUOG and NETX?

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