GMEU vs. PLUL

Last updated Jun 26, 2026

GMEU (T-Rex 2X Long GME Daily Target ETF) and PLUL (Leverage Shares 2X Long PLUG Daily ETF) are both Leveraged Equities funds. GMEU is actively managed, while PLUL is passively managed. At a 0.06 correlation, their price movements are largely independent. GMEU charges 1.50%/yr vs 0.75%/yr for PLUL.

Performance

GMEU vs. PLUL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long GME Daily Target ETF (GMEU) and Leverage Shares 2X Long PLUG Daily ETF (PLUL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GMEU

• 1D: -4.67%
• 1M: -11.27%
• YTD: -13.20%
• 6M: -24.66%
• 1Y: -49.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLUL

• 1D: -4.49%
• 1M: -58.75%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GMEU vs. PLUL - Yearly Performance Comparison

	2026 (YTD)
GMEU T-Rex 2X Long GME Daily Target ETF	-19.23%
PLUL Leverage Shares 2X Long PLUG Daily ETF	-19.09%

Correlation

The correlation between GMEU and PLUL is 0.06, 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 Jan 13, 2026	0.06

Return for Risk

GMEU vs. PLUL — Risk / Return Rank

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

GMEU

GMEU Risk / Return Rank: 3
GMEU Sharpe Ratio Rank: 4
GMEU Sortino Ratio Rank: 4
GMEU Omega Ratio Rank: 4
GMEU Calmar Ratio Rank: 2
GMEU Martin Ratio Rank: 3

PLUL

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

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.

GMEU vs. PLUL - 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 PLUG Daily ETF (PLUL). 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	PLUL	Difference
Sharpe ratio: Return per unit of total volatility	-0.70	—	—
Sortino ratio: Return per unit of downside risk	-0.88	—	—
Omega ratio: Gain probability vs. loss probability	0.90	—	—
Calmar ratio: Return relative to maximum drawdown	-0.85	—	—
Martin ratio: Return relative to average drawdown	-1.34	—	—

Drawdowns

GMEU vs. PLUL - Drawdown Comparison

The maximum GMEU drawdown since its inception was -80.76%, which is greater than PLUL's maximum drawdown of -64.25%. Use the drawdown chart below to compare losses from any high point for GMEU and PLUL.

Drawdown Indicators

	GMEU	PLUL	Difference
Max Drawdown Largest peak-to-trough decline	-80.76%	-64.25%	-16.51%
Max Drawdown (1Y) Largest decline over 1 year	-58.94%	—	—
Current Drawdown Current decline from peak	-80.76%	-64.25%	-16.51%
Average Drawdown Average peak-to-trough decline	-63.80%	-27.66%	-36.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	37.17%	—	—

Volatility

Volatility by Period

	GMEU	PLUL	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.85%	—	—
Volatility (6M) Calculated over the trailing 6-month period	55.54%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	71.14%	185.48%	-114.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	87.98%	185.48%	-97.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	87.98%	185.48%	-97.50%

GMEU vs. PLUL - Expense Ratio Comparison

GMEU has a 1.50% expense ratio, which is higher than PLUL's 0.75% expense ratio.

Dividends

GMEU vs. PLUL - Dividend Comparison

Neither GMEU nor PLUL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GMEU and PLUL in my portfolio?

GMEU and PLUL have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GMEU or PLUL?

On fees, PLUL 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, GMEU or PLUL?

PLUL is cheaper with a 0.75% expense ratio, compared with 1.50% for GMEU.

Which ETF pays a higher dividend yield, GMEU or PLUL?

GMEU and PLUL have nearly identical dividend yields, around 0.00%.

What is the main difference between GMEU and PLUL?

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