GRAG vs. BEG

Last updated Jun 3, 2026

GRAG (Leverage Shares 2X Long GRAB Daily ETF) and BEG (Leverage Shares 2X Long BE Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.10 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

GRAG vs. BEG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long GRAB Daily ETF (GRAG) and Leverage Shares 2X Long BE Daily ETF (BEG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GRAG achieves a -53.46% return, which is significantly lower than BEG's 619.73% return.

GRAG

• 1D: -0.84%
• 1M: -5.38%
• YTD: -53.46%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEG

• 1D: 20.68%
• 1M: 0.40%
• YTD: 619.73%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GRAG vs. BEG - Yearly Performance Comparison

	2026 (YTD)	2025
GRAG Leverage Shares 2X Long GRAB Daily ETF	-53.46%	0.68%
BEG Leverage Shares 2X Long BE Daily ETF	619.73%	-5.55%

Correlation

The correlation between GRAG and BEG is 0.10, 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 Dec 17, 2025	0.10

Return for Risk

GRAG vs. BEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long GRAB Daily ETF (GRAG) and Leverage Shares 2X Long BE Daily ETF (BEG). 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

	GRAG	BEG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.22	31.99	-33.22

Drawdowns

GRAG vs. BEG - Drawdown Comparison

The maximum GRAG drawdown since its inception was -59.93%, roughly equal to the maximum BEG drawdown of -59.85%. Use the drawdown chart below to compare losses from any high point for GRAG and BEG.

Drawdown Indicators

	GRAG	BEG	Difference
Max Drawdown Largest peak-to-trough decline	-59.93%	-59.85%	-0.08%
Current Drawdown Current decline from peak	-58.07%	-4.99%	-53.08%
Average Drawdown Average peak-to-trough decline	-39.45%	-16.16%	-23.29%

Volatility

Volatility by Period

	GRAG	BEG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	68.79%	214.06%	-145.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.79%	214.06%	-145.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.79%	214.06%	-145.27%

GRAG vs. BEG - Expense Ratio Comparison

Both GRAG and BEG have an expense ratio of 0.75%.

Dividends

GRAG vs. BEG - Dividend Comparison

Neither GRAG nor BEG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GRAG and BEG in my portfolio?

GRAG and BEG have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GRAG or BEG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GRAG or BEG?

GRAG and BEG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, GRAG or BEG?

GRAG and BEG have nearly identical dividend yields, around 0.00%.