FGRU vs. VALG

Last updated Jun 4, 2026

FGRU (T-REX 2X Long FIGR Daily Target ETF) and VALG (Leverage Shares 2X Long VALE Daily ETF) are both Leveraged Equities funds - FGRU tracks the Figure Technology Solutions, Inc. (FIGR) while VALG tracks the Vale S.A. (VALE). Both are passively managed. At a 0.26 correlation, their price movements are largely independent. FGRU charges 1.50%/yr vs 0.75%/yr for VALG.

Performance

FGRU vs. VALG - 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 VALE Daily ETF (VALG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FGRU

• 1D: -6.91%
• 1M: -29.87%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VALG

• 1D: -9.01%
• 1M: 1.55%
• YTD: 35.93%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FGRU vs. VALG - Yearly Performance Comparison

	2026 (YTD)
FGRU T-REX 2X Long FIGR Daily Target ETF	-50.02%
VALG Leverage Shares 2X Long VALE Daily ETF	-5.90%

Correlation

The correlation between FGRU and VALG is 0.26, 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 19, 2026	0.26

Return for Risk

FGRU vs. VALG - 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 VALE Daily ETF (VALG). 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

	FGRU	VALG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.44	1.52	-1.96

Drawdowns

FGRU vs. VALG - Drawdown Comparison

The maximum FGRU drawdown since its inception was -57.59%, which is greater than VALG's maximum drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for FGRU and VALG.

Drawdown Indicators

	FGRU	VALG	Difference
Max Drawdown Largest peak-to-trough decline	-57.59%	-36.93%	-20.66%
Current Drawdown Current decline from peak	-51.37%	-21.33%	-30.04%
Average Drawdown Average peak-to-trough decline	-30.60%	-11.74%	-18.86%

Volatility

Volatility by Period

	FGRU	VALG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	209.78%	75.74%	+134.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	209.78%	75.74%	+134.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	209.78%	75.74%	+134.04%

FGRU vs. VALG - Expense Ratio Comparison

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

Dividends

FGRU vs. VALG - Dividend Comparison

Neither FGRU nor VALG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FGRU and VALG in my portfolio?

FGRU and VALG have a correlation of 0.26, 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 VALG?

On fees, VALG 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 VALG?

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

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

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

What is the main difference between FGRU and VALG?

FGRU tracks Figure Technology Solutions, Inc. (FIGR), while VALG tracks Vale S.A. (VALE). They also come from different issuers: T-Rex and Leverage Shares. Their fees differ too: 1.50% for FGRU and 0.75% for VALG.