GMEU vs. BMNG
GMEU (T-Rex 2X Long GME Daily Target ETF) and BMNG (Leverage Shares 2X Long BMNR Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.20 correlation, their price movements are largely independent. GMEU charges 1.50%/yr vs 0.75%/yr for BMNG.
Performance
GMEU vs. BMNG - Performance Comparison
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Returns By Period
In the year-to-date period, GMEU achieves a -11.48% return, which is significantly higher than BMNG's -79.32% return.
GMEU
- 1D
- -2.77%
- 1M
- -9.61%
- YTD
- -11.48%
- 6M
- -25.00%
- 1Y
- -48.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BMNG
- 1D
- -4.36%
- 1M
- -34.35%
- YTD
- -79.32%
- 6M
- -84.46%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GMEU vs. BMNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GMEU T-Rex 2X Long GME Daily Target ETF | -11.48% | -31.09% |
BMNG Leverage Shares 2X Long BMNR Daily ETF | -79.32% | -80.50% |
Correlation
The correlation between GMEU and BMNG is 0.20, 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 Oct 27, 2025 | 0.20 |
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Return for Risk
GMEU vs. BMNG — Risk / Return Rank
GMEU
BMNG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GMEU vs. BMNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long GME Daily Target ETF (GMEU) and Leverage Shares 2X Long BMNR Daily ETF (BMNG). 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.
| GMEU | BMNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.91 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | — | — |
| Martin ratioReturn relative to average drawdown | -1.34 | — | — |
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Drawdowns
GMEU vs. BMNG - Drawdown Comparison
The maximum GMEU drawdown since its inception was -80.43%, smaller than the maximum BMNG drawdown of -96.19%. Use the drawdown chart below to compare losses from any high point for GMEU and BMNG.
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Drawdown Indicators
| GMEU | BMNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.43% | -96.19% | +15.76% |
Max Drawdown (1Y)Largest decline over 1 year | -58.23% | — | — |
Current DrawdownCurrent decline from peak | -80.38% | -96.15% | +15.77% |
Average DrawdownAverage peak-to-trough decline | -63.63% | -81.95% | +18.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.62% | — | — |
Volatility
GMEU vs. BMNG - Volatility Comparison
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Volatility by Period
| GMEU | BMNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.40% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 55.83% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 71.31% | 189.65% | -118.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 88.26% | 189.65% | -101.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 88.26% | 189.65% | -101.39% |
GMEU vs. BMNG - Expense Ratio Comparison
GMEU has a 1.50% expense ratio, which is higher than BMNG's 0.75% expense ratio.
Dividends
GMEU vs. BMNG - Dividend Comparison
Neither GMEU nor BMNG has paid dividends to shareholders.
Frequently Asked Questions
GMEU and BMNG have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BMNG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BMNG is cheaper with a 0.75% expense ratio, compared with 1.50% for GMEU.
GMEU and BMNG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: T-Rex and Leverage Shares. Their fees differ too: 1.50% for GMEU and 0.75% for BMNG.
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