GEMG vs. HUTG

Last updated Jun 5, 2026

GEMG (Leverage Shares 2X Long GEMI Daily ETF) and HUTG (Leverage Shares 2X Long HUT Daily ETF) are both Leveraged Equities funds from Leverage Shares. GEMG is actively managed, while HUTG is passively managed. At a 0.34 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

GEMG vs. HUTG - Performance Comparison

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

Returns By Period

GEMG

• 1D: 5.34%
• 1M: -12.85%
• YTD: -87.09%
• 6M: -92.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HUTG

• 1D: -6.09%
• 1M: 122.13%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GEMG vs. HUTG - Yearly Performance Comparison

	2026 (YTD)
GEMG Leverage Shares 2X Long GEMI Daily ETF	-88.04%
HUTG Leverage Shares 2X Long HUT Daily ETF	163.16%

Correlation

The correlation between GEMG and HUTG is 0.34, 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 Jan 14, 2026	0.34

Return for Risk

GEMG vs. HUTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long GEMI Daily ETF (GEMG) and Leverage Shares 2X Long HUT Daily ETF (HUTG). 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

	GEMG	HUTG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.46	5.05	-5.51

Drawdowns

GEMG vs. HUTG - Drawdown Comparison

The maximum GEMG drawdown since its inception was -97.08%, which is greater than HUTG's maximum drawdown of -66.30%. Use the drawdown chart below to compare losses from any high point for GEMG and HUTG.

Drawdown Indicators

	GEMG	HUTG	Difference
Max Drawdown Largest peak-to-trough decline	-97.08%	-66.30%	-30.78%
Current Drawdown Current decline from peak	-96.59%	-8.45%	-88.14%
Average Drawdown Average peak-to-trough decline	-80.43%	-26.62%	-53.81%

Volatility

Volatility by Period

	GEMG	HUTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	219.20%	219.64%	-0.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	219.20%	219.64%	-0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	219.20%	219.64%	-0.44%

GEMG vs. HUTG - Expense Ratio Comparison

Both GEMG and HUTG have an expense ratio of 0.75%.

Dividends

GEMG vs. HUTG - Dividend Comparison

Neither GEMG nor HUTG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GEMG and HUTG in my portfolio?

GEMG and HUTG have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GEMG or HUTG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GEMG or HUTG?

GEMG and HUTG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, GEMG or HUTG?

GEMG and HUTG have nearly identical dividend yields, around 0.00%.