FGRU vs. GLWG

Last updated Aug 1, 2026

FGRU (T-REX 2X Long FIGR Daily Target ETF) and GLWG (Leverage Shares 2X Long GLW Daily ETF) are both Leveraged Equities funds - FGRU tracks the Figure Technology Solutions, Inc. (FIGR) while GLWG tracks the Corning Incorporated (GLW). Both are passively managed. Their 0.18 correlation means their historical movements had little consistent relationship. FGRU charges 1.50%/yr vs 0.75%/yr for GLWG.

Performance

FGRU vs. GLWG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long FIGR Daily Target ETF (FGRU) and Leverage Shares 2X Long GLW Daily ETF (GLWG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FGRU

• 1D: -7.59%
• 1M: -50.23%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

GLWG

• 1D: 4.13%
• 1M: -54.07%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FGRU T-REX 2X Long FIGR Daily Target ETF	$406.99K	$601.26K	$773.35K
GLWG Leverage Shares 2X Long GLW Daily ETF	$26.57M	$32.26M	$47.23M

FGRU vs. GLWG - Yearly Performance Comparison

	2026 (YTD)
FGRU T-REX 2X Long FIGR Daily Target ETF	-57.98%
GLWG Leverage Shares 2X Long GLW Daily ETF	-25.14%

Correlation

The correlation between FGRU and GLWG is 0.18, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 10, 2026	0.18

Return for Risk

FGRU vs. GLWG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long FIGR Daily Target ETF (FGRU) and Leverage Shares 2X Long GLW Daily ETF (GLWG). 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

FGRU vs. GLWG - Drawdown Comparison

The maximum FGRU drawdown since its inception was -74.82%, smaller than the maximum GLWG drawdown of -78.80%. Use the drawdown chart below to compare losses from any high point for FGRU and GLWG.

Drawdown Indicators

	FGRU	GLWG	Difference
Max Drawdown Largest peak-to-trough decline	-74.82%	-78.80%	+3.98%
Current Drawdown Current decline from peak	-74.82%	-73.96%	-0.86%
Average Drawdown Average peak-to-trough decline	-45.84%	-22.98%	-22.86%

Volatility

Volatility by Period

	FGRU	GLWG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	190.58%	177.71%	+12.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	190.58%	177.71%	+12.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	190.58%	177.71%	+12.87%

FGRU vs. GLWG - Expense Ratio Comparison

FGRU has a 1.50% expense ratio, which is higher than GLWG's 0.75% expense ratio.

Dividends

FGRU vs. GLWG - Dividend Comparison

Neither FGRU nor GLWG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FGRU and GLWG in my portfolio?

FGRU and GLWG have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FGRU or GLWG?

On fees, GLWG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FGRU or GLWG?

GLWG is cheaper with a 0.75% expense ratio, compared with 1.50% for FGRU.

Which ETF pays a higher dividend yield, FGRU or GLWG?

FGRU and GLWG have nearly identical dividend yields, around 0.00%.

What is the main difference between FGRU and GLWG?

FGRU tracks Figure Technology Solutions, Inc. (FIGR), while GLWG tracks Corning Incorporated (GLW). They also come from different issuers: T-Rex and Leverage Shares. Their fees differ too: 1.50% for FGRU and 0.75% for GLWG.