GEMG vs. MSTU
GEMG (Leverage Shares 2X Long GEMI Daily ETF) and MSTU (T-Rex 2X Long MSTR Daily Target ETF) are both Leveraged Equities funds. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. GEMG charges 0.75%/yr vs 1.05%/yr for MSTU.
Performance
GEMG vs. MSTU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GEMG achieves a -88.30% return, which is significantly lower than MSTU's -67.51% return.
GEMG
- 1D
- -6.06%
- 1M
- -29.17%
- YTD
- -88.30%
- 6M
- -91.72%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSTU
- 1D
- -5.59%
- 1M
- -56.73%
- YTD
- -67.51%
- 6M
- -72.64%
- 1Y
- -96.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GEMG vs. MSTU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GEMG Leverage Shares 2X Long GEMI Daily ETF | -88.30% | -71.91% |
MSTU T-Rex 2X Long MSTR Daily Target ETF | -67.51% | -67.02% |
Correlation
The correlation between GEMG and MSTU is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.60 |
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. MSTU — Risk / Return Rank
GEMG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MSTU
GEMG vs. MSTU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long GEMI Daily ETF (GEMG) and T-Rex 2X Long MSTR Daily Target ETF (MSTU). 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 | MSTU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.77 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.99 | — |
| Martin ratioReturn relative to average drawdown | — | -1.23 | — |
Loading charts...
Drawdowns
GEMG vs. MSTU - Drawdown Comparison
The maximum GEMG drawdown since its inception was -97.26%, roughly equal to the maximum MSTU drawdown of -98.95%. Use the drawdown chart below to compare losses from any high point for GEMG and MSTU.
Loading charts...
Drawdown Indicators
| GEMG | MSTU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.26% | -98.95% | +1.69% |
Max Drawdown (1Y)Largest decline over 1 year | — | -97.47% | — |
Current DrawdownCurrent decline from peak | -96.91% | -98.95% | +2.04% |
Average DrawdownAverage peak-to-trough decline | -81.07% | -72.51% | -8.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 78.06% | — |
Volatility
GEMG vs. MSTU - Volatility Comparison
Loading charts...
Volatility by Period
| GEMG | MSTU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 43.88% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 113.60% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 219.95% | 141.98% | +77.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 219.95% | 168.54% | +51.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 219.95% | 168.54% | +51.41% |
GEMG vs. MSTU - Expense Ratio Comparison
GEMG has a 0.75% expense ratio, which is lower than MSTU's 1.05% expense ratio.
Dividends
GEMG vs. MSTU - Dividend Comparison
Neither GEMG nor MSTU has paid dividends to shareholders.
Frequently Asked Questions
GEMG and MSTU have a correlation of 0.60, 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 1.05% for MSTU.
GEMG and MSTU have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Leverage Shares and T-Rex. Their fees differ too: 0.75% for GEMG and 1.05% for MSTU.
Find the right allocation for GEMG and MSTU
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