GLWG vs. BOEG

Last updated Jun 25, 2026

GLWG (Leverage Shares 2X Long GLW Daily ETF) and BOEG (Leverage Shares 2X Long BA Daily ETF) are both Leveraged Equities funds from Leverage Shares. GLWG is passively managed, while BOEG is actively managed. At a 0.32 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

GLWG vs. BOEG - Performance Comparison

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

Returns By Period

GLWG

• 1D: 12.39%
• 1M: 3.72%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BOEG

• 1D: 2.99%
• 1M: -1.08%
• YTD: -7.79%
• 6M: -9.10%
• 1Y: -3.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLWG vs. BOEG - Yearly Performance Comparison

	2026 (YTD)
GLWG Leverage Shares 2X Long GLW Daily ETF	91.93%
BOEG Leverage Shares 2X Long BA Daily ETF	-11.04%

Correlation

The correlation between GLWG and BOEG is 0.32, 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 Mar 10, 2026	0.32

Return for Risk

GLWG vs. BOEG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLWG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BOEG

BOEG Risk / Return Rank: 9
BOEG Sharpe Ratio Rank: 9
BOEG Sortino Ratio Rank: 11
BOEG Omega Ratio Rank: 11
BOEG Calmar Ratio Rank: 8
BOEG Martin Ratio Rank: 8

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLWG vs. BOEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long GLW Daily ETF (GLWG) and Leverage Shares 2X Long BA Daily ETF (BOEG). 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.

	GLWG	BOEG	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.06	—
Sortino ratio: Return per unit of downside risk	—	0.39	—
Omega ratio: Gain probability vs. loss probability	—	1.04	—
Calmar ratio: Return relative to maximum drawdown	—	-0.08	—
Martin ratio: Return relative to average drawdown	—	-0.16	—

Drawdowns

GLWG vs. BOEG - Drawdown Comparison

The maximum GLWG drawdown since its inception was -39.12%, smaller than the maximum BOEG drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for GLWG and BOEG.

Drawdown Indicators

	GLWG	BOEG	Difference
Max Drawdown Largest peak-to-trough decline	-39.12%	-46.47%	+7.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-46.47%	—
Current Drawdown Current decline from peak	-11.97%	-30.77%	+18.80%
Average Drawdown Average peak-to-trough decline	-13.36%	-19.61%	+6.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	23.56%	—

Volatility

Volatility by Period

	GLWG	BOEG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	46.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	160.96%	64.35%	+96.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	160.96%	63.99%	+96.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	160.96%	63.99%	+96.97%

GLWG vs. BOEG - Expense Ratio Comparison

Both GLWG and BOEG have an expense ratio of 0.75%.

Dividends

GLWG vs. BOEG - Dividend Comparison

Neither GLWG nor BOEG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GLWG and BOEG in my portfolio?

GLWG and BOEG have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLWG or BOEG?

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, GLWG or BOEG?

GLWG and BOEG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, GLWG or BOEG?

GLWG and BOEG have nearly identical dividend yields, around 0.00%.