GEVG vs. FUTG

Last updated Jun 4, 2026

GEVG (Leverage Shares 2X Long GEV Daily ETF) and FUTG (Leverage Shares 2X Long FUTU Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.37 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

GEVG vs. FUTG - Performance Comparison

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

Returns By Period

In the year-to-date period, GEVG achieves a 88.18% return, which is significantly higher than FUTG's -75.53% return.

GEVG

• 1D: -2.09%
• 1M: -22.22%
• YTD: 88.18%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FUTG

• 1D: -11.10%
• 1M: -70.24%
• YTD: -75.53%
• 6M: -77.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GEVG vs. FUTG - Yearly Performance Comparison

	2026 (YTD)	2025
GEVG Leverage Shares 2X Long GEV Daily ETF	88.18%	-11.09%
FUTG Leverage Shares 2X Long FUTU Daily ETF	-75.53%	0.69%

Correlation

The correlation between GEVG and FUTG is 0.37, 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 Dec 17, 2025	0.37

Return for Risk

GEVG vs. FUTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long GEV Daily ETF (GEVG) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). 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

	GEVG	FUTG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.17	-0.66	+2.83

Drawdowns

GEVG vs. FUTG - Drawdown Comparison

The maximum GEVG drawdown since its inception was -33.81%, smaller than the maximum FUTG drawdown of -86.19%. Use the drawdown chart below to compare losses from any high point for GEVG and FUTG.

Drawdown Indicators

	GEVG	FUTG	Difference
Max Drawdown Largest peak-to-trough decline	-33.81%	-86.19%	+52.38%
Current Drawdown Current decline from peak	-32.62%	-84.29%	+51.67%
Average Drawdown Average peak-to-trough decline	-9.25%	-40.35%	+31.10%

Volatility

Volatility by Period

	GEVG	FUTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	96.61%	136.01%	-39.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	96.61%	136.01%	-39.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	96.61%	136.01%	-39.40%

GEVG vs. FUTG - Expense Ratio Comparison

Both GEVG and FUTG have an expense ratio of 0.75%.

Dividends

GEVG vs. FUTG - Dividend Comparison

Neither GEVG nor FUTG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GEVG and FUTG in my portfolio?

GEVG and FUTG have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GEVG or FUTG?

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, GEVG or FUTG?

GEVG and FUTG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, GEVG or FUTG?

GEVG and FUTG have nearly identical dividend yields, around 0.00%.