EVMU vs. BEGS

Last updated Jul 21, 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 0.90 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: 5.90%
• 1M: 19.91%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEGS

• 1D: 1.61%
• 1M: -3.84%
• 6M: -50.07%
• YTD: -40.15%
• 1Y: -38.70%
• 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	-22.83%
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	-27.86%

Correlation

The correlation between EVMU and BEGS is 0.90, 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	0.90

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: 4
BEGS Martin Ratio Rank: 3

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	—	-0.58	—
Sortino ratio: Return per unit of downside risk	—	-0.52	—
Omega ratio: Gain probability vs. loss probability	—	0.94	—
Calmar ratio: Return relative to maximum drawdown	—	-0.64	—
Martin ratio: Return relative to average drawdown	—	-1.27	—

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	-22.83%	-55.65%	+32.82%
Average Drawdown Average peak-to-trough decline	-30.64%	-19.90%	-10.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.50%	—

Volatility

Volatility by Period

	EVMU	BEGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	124.60%	67.43%	+57.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	124.60%	63.54%	+61.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	124.60%	63.54%	+61.06%

Dividends

EVMU vs. BEGS - Dividend Comparison

EVMU's dividend yield for the trailing twelve months is around 0.23%, less than BEGS's 80.58% yield.

Position	TTM	2025
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	80.58%	48.23%
EVMU Direxion Daily Ether Bull 2X ETF	0.23%	0.00%

Frequently Asked Questions

Can I hold both EVMU and BEGS in my portfolio?

EVMU and BEGS have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

BEGS has the higher dividend yield at 80.58%, compared with 0.23% for EVMU.

What is the main difference between EVMU and BEGS?

They also come from different issuers: Direxion and Rareview.