FUTG vs. OPEX
FUTG (Leverage Shares 2X Long FUTU Daily ETF) and OPEX (Tradr 2X Long OPEN Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.40 correlation, their price movements are largely independent. FUTG charges 0.75%/yr vs 1.30%/yr for OPEX.
Performance
FUTG vs. OPEX - Performance Comparison
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Returns By Period
In the year-to-date period, FUTG achieves a -75.13% return, which is significantly lower than OPEX's -61.25% return.
FUTG
- 1D
- 3.79%
- 1M
- -61.72%
- YTD
- -75.13%
- 6M
- -77.30%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OPEX
- 1D
- -3.98%
- 1M
- -8.82%
- YTD
- -61.25%
- 6M
- -70.21%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FUTG vs. OPEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FUTG Leverage Shares 2X Long FUTU Daily ETF | -75.13% | -7.53% |
OPEX Tradr 2X Long OPEN Daily ETF | -61.25% | -45.16% |
Correlation
The correlation between FUTG and OPEX is 0.40, 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 23, 2025 | 0.40 |
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Return for Risk
FUTG vs. OPEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long FUTU Daily ETF (FUTG) and Tradr 2X Long OPEN Daily ETF (OPEX). 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.
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Drawdowns
FUTG vs. OPEX - Drawdown Comparison
The maximum FUTG drawdown since its inception was -86.19%, roughly equal to the maximum OPEX drawdown of -87.46%. Use the drawdown chart below to compare losses from any high point for FUTG and OPEX.
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Drawdown Indicators
| FUTG | OPEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.19% | -87.46% | +1.27% |
Current DrawdownCurrent decline from peak | -84.04% | -86.93% | +2.89% |
Average DrawdownAverage peak-to-trough decline | -41.98% | -66.04% | +24.06% |
Volatility
FUTG vs. OPEX - Volatility Comparison
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Volatility by Period
| FUTG | OPEX | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 133.43% | 171.35% | -37.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 133.43% | 171.35% | -37.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 133.43% | 171.35% | -37.92% |
FUTG vs. OPEX - Expense Ratio Comparison
FUTG has a 0.75% expense ratio, which is lower than OPEX's 1.30% expense ratio.
Dividends
FUTG vs. OPEX - Dividend Comparison
Neither FUTG nor OPEX has paid dividends to shareholders.
Frequently Asked Questions
FUTG and OPEX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FUTG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FUTG is cheaper with a 0.75% expense ratio, compared with 1.30% for OPEX.
FUTG and OPEX have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Leverage Shares and Tradr ETFs. Their fees differ too: 0.75% for FUTG and 1.30% for OPEX.
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