GLXU vs. BLSG

Last updated Jun 4, 2026

GLXU (T-REX 2X Long GLXY Daily Target ETF) and BLSG (Leverage Shares 2X Long BLSH Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.64 correlation means they provide meaningful diversification when combined. GLXU charges 1.50%/yr vs 0.75%/yr for BLSG.

Performance

GLXU vs. BLSG - 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 BLSH Daily ETF (BLSG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLXU achieves a 3.25% return, which is significantly higher than BLSG's -58.79% return.

GLXU

• 1D: -4.42%
• 1M: -9.31%
• YTD: 3.25%
• 6M: -34.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLSG

• 1D: -15.77%
• 1M: -55.27%
• YTD: -58.79%
• 6M: -73.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLXU vs. BLSG - Yearly Performance Comparison

	2026 (YTD)	2025
GLXU T-REX 2X Long GLXY Daily Target ETF	3.25%	-74.42%
BLSG Leverage Shares 2X Long BLSH Daily ETF	-58.79%	-60.00%

Correlation

The correlation between GLXU and BLSG is 0.64, 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 Oct 28, 2025	0.64

Return for Risk

GLXU vs. BLSG - 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 BLSH Daily ETF (BLSG). 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

	GLXU	BLSG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.35	-0.66	+0.31

Drawdowns

GLXU vs. BLSG - Drawdown Comparison

The maximum GLXU drawdown since its inception was -90.66%, which is greater than BLSG's maximum drawdown of -83.67%. Use the drawdown chart below to compare losses from any high point for GLXU and BLSG.

Drawdown Indicators

	GLXU	BLSG	Difference
Max Drawdown Largest peak-to-trough decline	-90.66%	-83.67%	-6.99%
Current Drawdown Current decline from peak	-77.07%	-83.52%	+6.45%
Average Drawdown Average peak-to-trough decline	-57.08%	-60.12%	+3.04%

Volatility

Volatility by Period

	GLXU	BLSG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	176.33%	145.44%	+30.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	176.33%	145.44%	+30.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	176.33%	145.44%	+30.89%

GLXU vs. BLSG - Expense Ratio Comparison

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

Dividends

GLXU vs. BLSG - Dividend Comparison

GLXU's dividend yield for the trailing twelve months is around 7.23%, while BLSG has not paid dividends to shareholders.

Position	TTM	2025
BLSG Leverage Shares 2X Long BLSH Daily ETF	0.00%	0.00%
GLXU T-REX 2X Long GLXY Daily Target ETF	7.23%	7.46%

Frequently Asked Questions

Can I hold both GLXU and BLSG in my portfolio?

GLXU and BLSG have a correlation of 0.64, 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 BLSG?

On fees, BLSG 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 BLSG?

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

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

GLXU has the higher dividend yield at 7.23%, compared with 0.00% for BLSG.

What is the main difference between GLXU and BLSG?

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