GEMG vs. EMLP
GEMG (Leverage Shares 2X Long GEMI Daily ETF) and EMLP (First Trust North American Energy Infrastructure Fund) are both exchange-traded funds - GEMG is a Leveraged Equities fund actively managed by Leverage Shares, while EMLP is a MLPs fund actively managed by First Trust. Both are actively managed. At a correlation of -0.11, they often move in opposite directions. GEMG charges 0.75%/yr vs 0.96%/yr for EMLP.
Performance
GEMG vs. EMLP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GEMG achieves a -89.00% return, which is significantly lower than EMLP's 18.66% return.
GEMG
- 1D
- -5.32%
- 1M
- -11.78%
- 6M
- -89.67%
- YTD
- -89.00%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMLP
- 1D
- 1.03%
- 1M
- 3.31%
- 6M
- 15.07%
- YTD
- 18.66%
- 1Y
- 22.82%
- 3Y*
- 21.43%
- 5Y*
- 16.77%
- 10Y*
- 9.95%
GEMG vs. EMLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GEMG Leverage Shares 2X Long GEMI Daily ETF | -89.00% | -71.91% |
EMLP First Trust North American Energy Infrastructure Fund | 18.66% | 2.09% |
Correlation
The correlation between GEMG and EMLP is -0.11, 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 Nov 5, 2025 | -0.11 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GEMG vs. EMLP — Risk / Return Rank
GEMG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EMLP
GEMG vs. EMLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long GEMI Daily ETF (GEMG) and First Trust North American Energy Infrastructure Fund (EMLP). 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.
| GEMG | EMLP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.38 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.64 | — |
| Martin ratioReturn relative to average drawdown | — | 13.27 | — |
Loading charts...
Drawdowns
GEMG vs. EMLP - Drawdown Comparison
The maximum GEMG drawdown since its inception was -97.76%, which is greater than EMLP's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for GEMG and EMLP.
Loading charts...
Drawdown Indicators
| GEMG | EMLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.76% | -43.61% | -54.15% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.94% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.59% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.61% | — |
Current DrawdownCurrent decline from peak | -97.09% | -0.23% | -96.86% |
Average DrawdownAverage peak-to-trough decline | -82.67% | -5.73% | -76.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.72% | — |
Volatility
GEMG vs. EMLP - Volatility Comparison
Loading charts...
Volatility by Period
| GEMG | EMLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.89% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.36% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 213.79% | 10.33% | +203.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 213.79% | 14.54% | +199.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 213.79% | 17.68% | +196.11% |
GEMG vs. EMLP - Expense Ratio Comparison
GEMG has a 0.75% expense ratio, which is lower than EMLP's 0.96% expense ratio.
Dividends
GEMG vs. EMLP - Dividend Comparison
GEMG has not paid dividends to shareholders, while EMLP's dividend yield for the trailing twelve months is around 2.74%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMLP First Trust North American Energy Infrastructure Fund | 2.74% | 3.18% | 3.19% | 3.92% | 3.15% | 3.29% | 4.70% | 3.71% | 4.71% | 3.80% | 3.62% | 4.63% |
GEMG Leverage Shares 2X Long GEMI Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GEMG and EMLP have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GEMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GEMG is cheaper with a 0.75% expense ratio, compared with 0.96% for EMLP.
EMLP has the higher dividend yield at 2.74%, compared with 0.00% for GEMG.
GEMG is categorized as Leveraged Equities, while EMLP is MLPs. They also come from different issuers: Leverage Shares and First Trust. Their fees differ too: 0.75% for GEMG and 0.96% for EMLP.
Find the right allocation for GEMG and EMLP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer