GEVX vs. KLAG

Last updated Jun 25, 2026

GEVX (Tradr 2X Long GEV Daily ETF) and KLAG (Leverage Shares 2X Long KLAC Daily ETF) are both Leveraged Equities funds. GEVX is actively managed, while KLAG is passively managed. A 0.54 correlation means they provide meaningful diversification when combined. GEVX charges 1.30%/yr vs 0.75%/yr for KLAG.

Performance

GEVX vs. KLAG - Performance Comparison

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

Returns By Period

In the year-to-date period, GEVX achieves a 126.72% return, which is significantly lower than KLAG's 204.92% return.

GEVX

• 1D: 4.51%
• 1M: -0.24%
• YTD: 126.72%
• 6M: 116.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KLAG

• 1D: -3.77%
• 1M: 49.61%
• YTD: 204.92%
• 6M: 175.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GEVX vs. KLAG - Yearly Performance Comparison

	2026 (YTD)	2025
GEVX Tradr 2X Long GEV Daily ETF	126.72%	11.96%
KLAG Leverage Shares 2X Long KLAC Daily ETF	204.92%	-0.75%

Correlation

The correlation between GEVX and KLAG is 0.54, 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 Dec 18, 2025	0.54

Return for Risk

GEVX vs. KLAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long GEV Daily ETF (GEVX) and Leverage Shares 2X Long KLAC Daily ETF (KLAG). 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

GEVX vs. KLAG - Drawdown Comparison

The maximum GEVX drawdown since its inception was -45.03%, which is greater than KLAG's maximum drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for GEVX and KLAG.

Drawdown Indicators

	GEVX	KLAG	Difference
Max Drawdown Largest peak-to-trough decline	-45.03%	-42.37%	-2.66%
Current Drawdown Current decline from peak	-20.13%	-21.08%	+0.95%
Average Drawdown Average peak-to-trough decline	-15.09%	-14.50%	-0.59%

Volatility

Volatility by Period

	GEVX	KLAG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	102.59%	122.80%	-20.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	102.59%	122.80%	-20.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	102.59%	122.80%	-20.21%

GEVX vs. KLAG - Expense Ratio Comparison

GEVX has a 1.30% expense ratio, which is higher than KLAG's 0.75% expense ratio.

Dividends

GEVX vs. KLAG - Dividend Comparison

Neither GEVX nor KLAG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GEVX and KLAG in my portfolio?

GEVX and KLAG have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GEVX or KLAG?

On fees, KLAG 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, GEVX or KLAG?

KLAG is cheaper with a 0.75% expense ratio, compared with 1.30% for GEVX.

Which ETF pays a higher dividend yield, GEVX or KLAG?

GEVX and KLAG have nearly identical dividend yields, around 0.00%.

What is the main difference between GEVX and KLAG?

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