EVMU vs. BEGS

Last updated Jun 30, 2026

EVMU (Direxion Daily Ether Bull 2X ETF) and BEGS (Rareview 2x Bull Cryptocurrency & Precious Metals ETF) are both Leveraged Cryptocurrency funds. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure.

Performance

EVMU vs. BEGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Ether Bull 2X ETF (EVMU) and Rareview 2x Bull Cryptocurrency & Precious Metals ETF (BEGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EVMU

• 1D: 6.26%
• 1M: -38.86%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEGS

• 1D: 0.10%
• 1M: -31.54%
• YTD: -44.91%
• 6M: -45.10%
• 1Y: -32.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EVMU vs. BEGS - Yearly Performance Comparison

	2026 (YTD)
EVMU Direxion Daily Ether Bull 2X ETF	-42.24%
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	-33.61%

Correlation

The correlation between EVMU and BEGS is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	0.91

Return for Risk

EVMU vs. BEGS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EVMU

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

BEGS

BEGS Risk / Return Rank: 5
BEGS Sharpe Ratio Rank: 5
BEGS Sortino Ratio Rank: 6
BEGS Omega Ratio Rank: 6
BEGS Calmar Ratio Rank: 5
BEGS Martin Ratio Rank: 4

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EVMU vs. BEGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Ether Bull 2X ETF (EVMU) and Rareview 2x Bull Cryptocurrency & Precious Metals ETF (BEGS). 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.

	EVMU	BEGS	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.49	—
Sortino ratio: Return per unit of downside risk	—	-0.33	—
Omega ratio: Gain probability vs. loss probability	—	0.96	—
Calmar ratio: Return relative to maximum drawdown	—	-0.54	—
Martin ratio: Return relative to average drawdown	—	-1.19	—

Drawdowns

EVMU vs. BEGS - Drawdown Comparison

The maximum EVMU drawdown since its inception was -46.73%, smaller than the maximum BEGS drawdown of -60.23%. Use the drawdown chart below to compare losses from any high point for EVMU and BEGS.

Drawdown Indicators

	EVMU	BEGS	Difference
Max Drawdown Largest peak-to-trough decline	-46.73%	-60.23%	+13.50%
Max Drawdown (1Y) Largest decline over 1 year	—	-60.23%	—
Current Drawdown Current decline from peak	-42.24%	-59.18%	+16.94%
Average Drawdown Average peak-to-trough decline	-30.29%	-18.43%	-11.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	27.43%	—

Volatility

Volatility by Period

	EVMU	BEGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	23.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	57.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	132.73%	67.02%	+65.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	132.73%	63.81%	+68.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	132.73%	63.81%	+68.92%

Dividends

EVMU vs. BEGS - Dividend Comparison

EVMU's dividend yield for the trailing twelve months is around 0.31%, less than BEGS's 87.55% yield.

Position	TTM	2025
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	87.55%	48.23%
EVMU Direxion Daily Ether Bull 2X ETF	0.31%	0.00%

Frequently Asked Questions

Can I hold both EVMU and BEGS in my portfolio?

With a correlation of 0.91, EVMU and BEGS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF pays a higher dividend yield, EVMU or BEGS?

BEGS has the higher dividend yield at 87.55%, compared with 0.31% for EVMU.

What is the main difference between EVMU and BEGS?

They also come from different issuers: Direxion and Rareview.