FIGG vs. GEVX

Last updated Jul 18, 2026

FIGG (Leverage Shares 2X Long FIG Daily ETF) and GEVX (Tradr 2X Long GEV Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.15, they often move in opposite directions. FIGG charges 0.75%/yr vs 1.30%/yr for GEVX.

Performance

FIGG vs. GEVX - Performance Comparison

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

Returns By Period

In the year-to-date period, FIGG achieves a -73.97% return, which is significantly lower than GEVX's 121.78% return.

FIGG

• 1D: 5.04%
• 1M: 53.32%
• 6M: -57.59%
• YTD: -73.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GEVX

• 1D: 4.90%
• 1M: -1.67%
• 6M: 105.84%
• YTD: 121.78%
• 1Y: 146.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FIGG vs. GEVX - Yearly Performance Comparison

	2026 (YTD)	2025
FIGG Leverage Shares 2X Long FIG Daily ETF	-73.97%	-68.14%
GEVX Tradr 2X Long GEV Daily ETF	121.78%	-7.08%

Correlation

The correlation between FIGG and GEVX is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025	-0.15

Return for Risk

FIGG vs. GEVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIGG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GEVX

GEVX Risk / Return Rank: 64
GEVX Sharpe Ratio Rank: 54
GEVX Sortino Ratio Rank: 64
GEVX Omega Ratio Rank: 58
GEVX Calmar Ratio Rank: 82
GEVX Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIGG vs. GEVX - Risk-Adjusted Trends Comparison

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

	FIGG	GEVX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.41	—
Sortino ratio: Return per unit of downside risk	—	2.26	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	3.27	—
Martin ratio: Return relative to average drawdown	—	7.85	—

Drawdowns

FIGG vs. GEVX - Drawdown Comparison

The maximum FIGG drawdown since its inception was -95.77%, which is greater than GEVX's maximum drawdown of -45.03%. Use the drawdown chart below to compare losses from any high point for FIGG and GEVX.

Drawdown Indicators

	FIGG	GEVX	Difference
Max Drawdown Largest peak-to-trough decline	-95.77%	-45.03%	-50.74%
Max Drawdown (1Y) Largest decline over 1 year	—	-45.03%	—
Current Drawdown Current decline from peak	-91.89%	-21.87%	-70.02%
Average Drawdown Average peak-to-trough decline	-79.30%	-15.21%	-64.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	18.72%	—

Volatility

Volatility by Period

	FIGG	GEVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	39.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	71.92%	—
Volatility (1Y) Calculated over the trailing 1-year period	149.19%	104.25%	+44.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	149.19%	103.56%	+45.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	149.19%	103.56%	+45.63%

FIGG vs. GEVX - Expense Ratio Comparison

FIGG has a 0.75% expense ratio, which is lower than GEVX's 1.30% expense ratio.

Dividends

FIGG vs. GEVX - Dividend Comparison

Neither FIGG nor GEVX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FIGG and GEVX in my portfolio?

FIGG and GEVX have a correlation of -0.15, 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 GEVX?

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 GEVX?

FIGG is cheaper with a 0.75% expense ratio, compared with 1.30% for GEVX.

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

FIGG and GEVX have nearly identical dividend yields, around 0.00%.

What is the main difference between FIGG and GEVX?

They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for FIGG and 1.30% for GEVX.