FDRX vs. COIG
FDRX (Founder-Led 2X Daily ETF) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds. FDRX is passively managed, while COIG is actively managed. A 0.71 correlation means they provide meaningful diversification when combined. FDRX charges 1.08%/yr vs 0.75%/yr for COIG.
Performance
FDRX vs. COIG - Performance Comparison
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Returns By Period
FDRX
- 1D
- -4.23%
- 1M
- -5.19%
- 6M
- -15.44%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COIG
- 1D
- -6.34%
- 1M
- -12.24%
- 6M
- -68.41%
- YTD
- -65.31%
- 1Y
- -91.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FDRX vs. COIG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FDRX Founder-Led 2X Daily ETF | -17.29% |
COIG Leverage Shares 2X Long COIN Daily ETF | -72.42% |
Correlation
The correlation between FDRX and COIG is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 15, 2026 | 0.71 |
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Return for Risk
FDRX vs. COIG — Risk / Return Rank
FDRX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
COIG
FDRX vs. COIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Founder-Led 2X Daily ETF (FDRX) and Leverage Shares 2X Long COIN Daily ETF (COIG). 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.
| FDRX | COIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.82 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.98 | — |
| Martin ratioReturn relative to average drawdown | — | -1.25 | — |
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Drawdowns
FDRX vs. COIG - Drawdown Comparison
The maximum FDRX drawdown since its inception was -39.78%, smaller than the maximum COIG drawdown of -93.79%. Use the drawdown chart below to compare losses from any high point for FDRX and COIG.
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Drawdown Indicators
| FDRX | COIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.78% | -93.79% | +54.01% |
Max Drawdown (1Y)Largest decline over 1 year | — | -93.79% | — |
Current DrawdownCurrent decline from peak | -18.87% | -92.20% | +73.33% |
Average DrawdownAverage peak-to-trough decline | -19.83% | -55.05% | +35.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 72.88% | — |
Volatility
FDRX vs. COIG - Volatility Comparison
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Volatility by Period
| FDRX | COIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 32.45% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 103.94% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 58.14% | 133.93% | -75.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.14% | 144.16% | -86.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.14% | 144.16% | -86.02% |
FDRX vs. COIG - Expense Ratio Comparison
FDRX has a 1.08% expense ratio, which is higher than COIG's 0.75% expense ratio.
Dividends
FDRX vs. COIG - Dividend Comparison
Neither FDRX nor COIG has paid dividends to shareholders.
Frequently Asked Questions
FDRX and COIG have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COIG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COIG is cheaper with a 0.75% expense ratio, compared with 1.08% for FDRX.
FDRX and COIG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Corgi Strategies and Leverage Shares. Their fees differ too: 1.08% for FDRX and 0.75% for COIG.
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