GEVG vs. QUBX

Last updated Jun 4, 2026

GEVG (Leverage Shares 2X Long GEV Daily ETF) and QUBX (Tradr 2X Long QUBT Daily ETF) are both Leveraged Equities funds. At a 0.39 correlation, their price movements are largely independent. GEVG charges 0.75%/yr vs 1.30%/yr for QUBX.

Performance

GEVG vs. QUBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long GEV Daily ETF (GEVG) and Tradr 2X Long QUBT Daily ETF (QUBX). 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 QUBX's -25.88% return.

GEVG

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

QUBX

• 1D: -16.53%
• 1M: 20.88%
• YTD: -25.88%
• 6M: -51.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GEVG vs. QUBX - Yearly Performance Comparison

	2026 (YTD)	2025
GEVG Leverage Shares 2X Long GEV Daily ETF	88.18%	-11.09%
QUBX Tradr 2X Long QUBT Daily ETF	-25.88%	-20.67%

Correlation

The correlation between GEVG and QUBX is 0.39, 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	0.39

Return for Risk

GEVG vs. QUBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long GEV Daily ETF (GEVG) and Tradr 2X Long QUBT Daily ETF (QUBX). 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	QUBX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.17	-0.44	+2.61

Drawdowns

GEVG vs. QUBX - Drawdown Comparison

The maximum GEVG drawdown since its inception was -33.81%, smaller than the maximum QUBX drawdown of -96.40%. Use the drawdown chart below to compare losses from any high point for GEVG and QUBX.

Drawdown Indicators

	GEVG	QUBX	Difference
Max Drawdown Largest peak-to-trough decline	-33.81%	-96.40%	+62.59%
Current Drawdown Current decline from peak	-32.62%	-91.00%	+58.38%
Average Drawdown Average peak-to-trough decline	-9.25%	-69.71%	+60.46%

Volatility

Volatility by Period

	GEVG	QUBX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	96.61%	200.76%	-104.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	96.61%	200.76%	-104.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	96.61%	200.76%	-104.15%

GEVG vs. QUBX - Expense Ratio Comparison

GEVG has a 0.75% expense ratio, which is lower than QUBX's 1.30% expense ratio.

Dividends

GEVG vs. QUBX - Dividend Comparison

Neither GEVG nor QUBX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GEVG and QUBX in my portfolio?

GEVG and QUBX have a correlation of 0.39, 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 QUBX?

On fees, GEVG 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, GEVG or QUBX?

GEVG is cheaper with a 0.75% expense ratio, compared with 1.30% for QUBX.

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

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

What is the main difference between GEVG and QUBX?

They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for GEVG and 1.30% for QUBX.