FCXG vs. BOEG

Last updated Jun 4, 2026

FCXG (Leverage Shares 2X Long FCX Daily ETF) and BOEG (Leverage Shares 2X Long BA Daily ETF) are both Leveraged Equities funds from Leverage Shares. FCXG is passively managed, while BOEG is actively managed. At a 0.43 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

FCXG vs. BOEG - Performance Comparison

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

Returns By Period

FCXG

• 1D: -2.86%
• 1M: 55.27%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BOEG

• 1D: -6.30%
• 1M: -11.15%
• YTD: -14.18%
• 6M: -2.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FCXG vs. BOEG - Yearly Performance Comparison

	2026 (YTD)
FCXG Leverage Shares 2X Long FCX Daily ETF	12.94%
BOEG Leverage Shares 2X Long BA Daily ETF	-24.02%

Correlation

The correlation between FCXG and BOEG is 0.43, 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 Feb 20, 2026	0.43

Return for Risk

FCXG vs. BOEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long FCX Daily ETF (FCXG) and Leverage Shares 2X Long BA Daily ETF (BOEG). 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

	FCXG	BOEG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	-0.14	+0.62

Drawdowns

FCXG vs. BOEG - Drawdown Comparison

The maximum FCXG drawdown since its inception was -44.55%, roughly equal to the maximum BOEG drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for FCXG and BOEG.

Drawdown Indicators

	FCXG	BOEG	Difference
Max Drawdown Largest peak-to-trough decline	-44.55%	-46.47%	+1.92%
Current Drawdown Current decline from peak	-6.40%	-35.57%	+29.17%
Average Drawdown Average peak-to-trough decline	-21.29%	-19.06%	-2.23%

Volatility

Volatility by Period

	FCXG	BOEG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	109.72%	63.38%	+46.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	109.72%	63.38%	+46.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	109.72%	63.38%	+46.34%

FCXG vs. BOEG - Expense Ratio Comparison

Both FCXG and BOEG have an expense ratio of 0.75%.

Dividends

FCXG vs. BOEG - Dividend Comparison

Neither FCXG nor BOEG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FCXG and BOEG in my portfolio?

FCXG and BOEG have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FCXG or BOEG?

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, FCXG or BOEG?

FCXG and BOEG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, FCXG or BOEG?

FCXG and BOEG have nearly identical dividend yields, around 0.00%.