GLWG vs. KLAG
GLWG (Leverage Shares 2X Long GLW Daily ETF) and KLAG (Leverage Shares 2X Long KLAC Daily ETF) are both Leveraged Equities funds from Leverage Shares - GLWG tracks the Corning Incorporated (GLW) while KLAG tracks the KLA Corporation (KLAC). Both are passively managed. A 0.67 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.
Performance
GLWG vs. KLAG - Performance Comparison
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Returns By Period
GLWG
- 1D
- -15.43%
- 1M
- -7.72%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KLAG
- 1D
- -17.99%
- 1M
- 55.46%
- YTD
- 216.85%
- 6M
- 189.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLWG vs. KLAG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
GLWG Leverage Shares 2X Long GLW Daily ETF | 70.76% |
KLAG Leverage Shares 2X Long KLAC Daily ETF | 154.10% |
Correlation
The correlation between GLWG and KLAG is 0.67, 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 Mar 10, 2026 | 0.67 |
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Return for Risk
GLWG vs. KLAG - 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 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.
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Drawdowns
GLWG vs. KLAG - Drawdown Comparison
The maximum GLWG drawdown since its inception was -39.12%, smaller than the maximum KLAG drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for GLWG and KLAG.
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Drawdown Indicators
| GLWG | KLAG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.12% | -42.37% | +3.25% |
Current DrawdownCurrent decline from peak | -21.67% | -17.99% | -3.68% |
Average DrawdownAverage peak-to-trough decline | -13.38% | -14.45% | +1.07% |
Volatility
GLWG vs. KLAG - Volatility Comparison
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Volatility by Period
| GLWG | KLAG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 160.75% | 123.09% | +37.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 160.75% | 123.09% | +37.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 160.75% | 123.09% | +37.66% |
GLWG vs. KLAG - Expense Ratio Comparison
Both GLWG and KLAG have an expense ratio of 0.75%.
Dividends
GLWG vs. KLAG - Dividend Comparison
Neither GLWG nor KLAG has paid dividends to shareholders.
Frequently Asked Questions
GLWG and KLAG have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
GLWG and KLAG have the same expense ratio: 0.75% per year.
GLWG and KLAG have nearly identical dividend yields, around 0.00%.
GLWG tracks Corning Incorporated (GLW), while KLAG tracks KLA Corporation (KLAC).
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