ECHX vs. GEVG

Last updated Jul 22, 2026

ECHX (Leverage Shares 2X Long EchoStar Daily ETF) and GEVG (Leverage Shares 2X Long GEV Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.07 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

ECHX vs. GEVG - Performance Comparison

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

Returns By Period

ECHX

• 1D: 9.89%
• 1M: -26.88%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

GEVG

• 1D: 0.33%
• 1M: -9.04%
• 6M: 108.29%
• YTD: 124.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

ECHX vs. GEVG - Yearly Performance Comparison

	2026 (YTD)
ECHX Leverage Shares 2X Long EchoStar Daily ETF	-49.13%
GEVG Leverage Shares 2X Long GEV Daily ETF	21.54%

Correlation

The correlation between ECHX and GEVG is 0.07, 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 Jun 2, 2026	0.07

Return for Risk

ECHX vs. GEVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long EchoStar Daily ETF (ECHX) 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

ECHX vs. GEVG - Drawdown Comparison

The maximum ECHX drawdown since its inception was -53.71%, which is greater than GEVG's maximum drawdown of -45.50%. Use the drawdown chart below to compare losses from any high point for ECHX and GEVG.

Drawdown Indicators

	ECHX	GEVG	Difference
Max Drawdown Largest peak-to-trough decline	-53.71%	-45.50%	-8.21%
Current Drawdown Current decline from peak	-49.13%	-19.56%	-29.57%
Average Drawdown Average peak-to-trough decline	-33.96%	-12.19%	-21.77%

Volatility

Volatility by Period

	ECHX	GEVG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	126.48%	101.79%	+24.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	126.48%	101.79%	+24.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	126.48%	101.79%	+24.69%

ECHX vs. GEVG - Expense Ratio Comparison

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

Dividends

ECHX vs. GEVG - Dividend Comparison

Neither ECHX nor GEVG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ECHX and GEVG in my portfolio?

ECHX and GEVG have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ECHX 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, ECHX or GEVG?

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

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

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