GLXU vs. ADBG

Last updated Jul 17, 2026

GLXU (T-REX 2X Long GLXY Daily Target ETF) and ADBG (Leverage Shares 2X Long ADBE Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.05, they often move in opposite directions. GLXU charges 1.50%/yr vs 0.75%/yr for ADBG.

Performance

GLXU vs. ADBG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long GLXY Daily Target ETF (GLXU) and Leverage Shares 2X Long ADBE Daily ETF (ADBG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLXU achieves a -44.51% return, which is significantly higher than ADBG's -62.04% return.

GLXU

• 1D: -18.40%
• 1M: -57.15%
• 6M: -71.89%
• YTD: -44.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ADBG

• 1D: 9.60%
• 1M: 25.57%
• 6M: -49.08%
• YTD: -62.04%
• 1Y: -67.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLXU vs. ADBG - Yearly Performance Comparison

	2026 (YTD)	2025
GLXU T-REX 2X Long GLXY Daily Target ETF	-44.51%	-55.12%
ADBG Leverage Shares 2X Long ADBE Daily ETF	-62.04%	-1.21%

Correlation

The correlation between GLXU and ADBG is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 8, 2025	-0.05

Return for Risk

GLXU vs. ADBG — Risk / Return Rank

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

GLXU

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

ADBG

ADBG Risk / Return Rank: 2
ADBG Sharpe Ratio Rank: 2
ADBG Sortino Ratio Rank: 2
ADBG Omega Ratio Rank: 1
ADBG Calmar Ratio Rank: 2
ADBG Martin Ratio Rank: 1

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.

GLXU vs. ADBG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long GLXY Daily Target ETF (GLXU) and Leverage Shares 2X Long ADBE Daily ETF (ADBG). 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.

	GLXU	ADBG	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.94	—
Sortino ratio: Return per unit of downside risk	—	-1.58	—
Omega ratio: Gain probability vs. loss probability	—	0.81	—
Calmar ratio: Return relative to maximum drawdown	—	-0.86	—
Martin ratio: Return relative to average drawdown	—	-1.46	—

Drawdowns

GLXU vs. ADBG - Drawdown Comparison

The maximum GLXU drawdown since its inception was -90.66%, which is greater than ADBG's maximum drawdown of -84.14%. Use the drawdown chart below to compare losses from any high point for GLXU and ADBG.

Drawdown Indicators

	GLXU	ADBG	Difference
Max Drawdown Largest peak-to-trough decline	-90.66%	-84.14%	-6.52%
Max Drawdown (1Y) Largest decline over 1 year	—	-78.97%	—
Current Drawdown Current decline from peak	-87.67%	-76.95%	-10.72%
Average Drawdown Average peak-to-trough decline	-59.51%	-44.86%	-14.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	46.32%	—

Volatility

Volatility by Period

	GLXU	ADBG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	23.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	61.43%	—
Volatility (1Y) Calculated over the trailing 1-year period	179.10%	71.84%	+107.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	179.10%	69.74%	+109.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	179.10%	69.74%	+109.36%

GLXU vs. ADBG - Expense Ratio Comparison

GLXU has a 1.50% expense ratio, which is higher than ADBG's 0.75% expense ratio.

Dividends

GLXU vs. ADBG - Dividend Comparison

GLXU's dividend yield for the trailing twelve months is around 13.45%, while ADBG has not paid dividends to shareholders.

Position	TTM	2025
ADBG Leverage Shares 2X Long ADBE Daily ETF	0.00%	0.00%
GLXU T-REX 2X Long GLXY Daily Target ETF	13.45%	7.46%

Frequently Asked Questions

Can I hold both GLXU and ADBG in my portfolio?

GLXU and ADBG have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLXU or ADBG?

On fees, ADBG 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, GLXU or ADBG?

ADBG is cheaper with a 0.75% expense ratio, compared with 1.50% for GLXU.

Which ETF pays a higher dividend yield, GLXU or ADBG?

GLXU has the higher dividend yield at 13.45%, compared with 0.00% for ADBG.

What is the main difference between GLXU and ADBG?

They also come from different issuers: T-Rex and Leverage Shares. Their fees differ too: 1.50% for GLXU and 0.75% for ADBG.