FIGG vs. BAIG

Last updated Jun 4, 2026

FIGG (Leverage Shares 2X Long FIG Daily ETF) and BAIG (Leverage Shares 2X Long BBAI Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.30 correlation, their price movements are largely independent. FIGG charges 0.75%/yr vs 0.78%/yr for BAIG.

Performance

FIGG vs. BAIG - Performance Comparison

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

Returns By Period

In the year-to-date period, FIGG achieves a -74.27% return, which is significantly lower than BAIG's -45.00% return.

FIGG

• 1D: -12.59%
• 1M: 18.39%
• YTD: -74.27%
• 6M: -75.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BAIG

• 1D: -9.47%
• 1M: 26.28%
• YTD: -45.00%
• 6M: -59.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FIGG vs. BAIG - Yearly Performance Comparison

	2026 (YTD)	2025
FIGG Leverage Shares 2X Long FIG Daily ETF	-74.27%	-65.98%
BAIG Leverage Shares 2X Long BBAI Daily ETF	-45.00%	-72.00%

Correlation

The correlation between FIGG and BAIG is 0.30, 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 Oct 15, 2025	0.30

Return for Risk

FIGG vs. BAIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long FIG Daily ETF (FIGG) and Leverage Shares 2X Long BBAI Daily ETF (BAIG). 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

	FIGG	BAIG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.66	-0.41	-0.25

Drawdowns

FIGG vs. BAIG - Drawdown Comparison

The maximum FIGG drawdown since its inception was -95.11%, roughly equal to the maximum BAIG drawdown of -92.86%. Use the drawdown chart below to compare losses from any high point for FIGG and BAIG.

Drawdown Indicators

	FIGG	BAIG	Difference
Max Drawdown Largest peak-to-trough decline	-95.11%	-92.86%	-2.25%
Current Drawdown Current decline from peak	-91.99%	-84.60%	-7.39%
Average Drawdown Average peak-to-trough decline	-77.03%	-62.89%	-14.14%

Volatility

Volatility by Period

	FIGG	BAIG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	148.39%	180.47%	-32.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	148.39%	180.47%	-32.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	148.39%	180.47%	-32.08%

FIGG vs. BAIG - Expense Ratio Comparison

FIGG has a 0.75% expense ratio, which is lower than BAIG's 0.78% expense ratio.

Dividends

FIGG vs. BAIG - Dividend Comparison

FIGG has not paid dividends to shareholders, while BAIG's dividend yield for the trailing twelve months is around 9.93%.

Position	TTM	2025
BAIG Leverage Shares 2X Long BBAI Daily ETF	9.93%	5.46%
FIGG Leverage Shares 2X Long FIG Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both FIGG and BAIG in my portfolio?

FIGG and BAIG have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FIGG or BAIG?

On fees, FIGG 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, FIGG or BAIG?

FIGG is cheaper with a 0.75% expense ratio, compared with 0.78% for BAIG.

Which ETF pays a higher dividend yield, FIGG or BAIG?

BAIG has the higher dividend yield at 9.93%, compared with 0.00% for FIGG.

What is the main difference between FIGG and BAIG?

Their fees differ too: 0.75% for FIGG and 0.78% for BAIG.