GEMG vs. LEUX

Last updated Jun 21, 2026

GEMG (Leverage Shares 2X Long GEMI Daily ETF) and LEUX (Tradr 2X Long LEU Daily ETF) are both Leveraged Equities funds. GEMG is actively managed, while LEUX is passively managed. At a 0.33 correlation, their price movements are largely independent. GEMG charges 0.75%/yr vs 1.49%/yr for LEUX.

Performance

GEMG vs. LEUX - Performance Comparison

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

Returns By Period

GEMG

• 1D: -3.78%
• 1M: -24.60%
• YTD: -87.55%
• 6M: -90.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LEUX

• 1D: 25.50%
• 1M: 5.66%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GEMG vs. LEUX - Yearly Performance Comparison

	2026 (YTD)
GEMG Leverage Shares 2X Long GEMI Daily ETF	-64.74%
LEUX Tradr 2X Long LEU Daily ETF	-35.07%

Correlation

The correlation between GEMG and LEUX is 0.33, 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 Feb 19, 2026	0.33

Return for Risk

GEMG vs. LEUX - Risk-Adjusted Trends Comparison

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

Drawdowns

GEMG vs. LEUX - Drawdown Comparison

The maximum GEMG drawdown since its inception was -97.26%, which is greater than LEUX's maximum drawdown of -63.07%. Use the drawdown chart below to compare losses from any high point for GEMG and LEUX.

Drawdown Indicators

	GEMG	LEUX	Difference
Max Drawdown Largest peak-to-trough decline	-97.26%	-63.07%	-34.19%
Current Drawdown Current decline from peak	-96.71%	-38.55%	-58.16%
Average Drawdown Average peak-to-trough decline	-80.97%	-24.60%	-56.37%

Volatility

Volatility by Period

	GEMG	LEUX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	220.57%	164.73%	+55.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	220.57%	164.73%	+55.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	220.57%	164.73%	+55.84%

GEMG vs. LEUX - Expense Ratio Comparison

GEMG has a 0.75% expense ratio, which is lower than LEUX's 1.49% expense ratio.

Dividends

GEMG vs. LEUX - Dividend Comparison

Neither GEMG nor LEUX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GEMG and LEUX in my portfolio?

GEMG and LEUX have a correlation of 0.33, 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 LEUX?

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.

Which ETF is cheaper, GEMG or LEUX?

GEMG is cheaper with a 0.75% expense ratio, compared with 1.49% for LEUX.

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

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

What is the main difference between GEMG and LEUX?

They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for GEMG and 1.49% for LEUX.