GRAG vs. UPSG
GRAG (Leverage Shares 2X Long GRAB Daily ETF) and UPSG (Leverage Shares 2X Long UPS Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.25 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
GRAG vs. UPSG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GRAG achieves a -58.07% return, which is significantly lower than UPSG's 16.33% return.
GRAG
- 1D
- -9.91%
- 1M
- -12.45%
- YTD
- -58.07%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UPSG
- 1D
- -0.13%
- 1M
- 30.08%
- YTD
- 16.33%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GRAG vs. UPSG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GRAG Leverage Shares 2X Long GRAB Daily ETF | -58.07% | -7.82% |
UPSG Leverage Shares 2X Long UPS Daily ETF | 16.33% | -2.59% |
Correlation
The correlation between GRAG and UPSG is 0.25, 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 Dec 12, 2025 | 0.25 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GRAG vs. UPSG - 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 UPS Daily ETF (UPSG). 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.
Loading charts...
Sharpe Ratios by Period
| GRAG | UPSG | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | -1.25 | 0.52 | -1.77 |
Drawdowns
GRAG vs. UPSG - Drawdown Comparison
The maximum GRAG drawdown since its inception was -62.22%, which is greater than UPSG's maximum drawdown of -37.29%. Use the drawdown chart below to compare losses from any high point for GRAG and UPSG.
Loading charts...
Drawdown Indicators
| GRAG | UPSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.22% | -37.29% | -24.93% |
Current DrawdownCurrent decline from peak | -62.22% | -18.43% | -43.79% |
Average DrawdownAverage peak-to-trough decline | -39.65% | -16.93% | -22.72% |
Volatility
GRAG vs. UPSG - Volatility Comparison
Loading charts...
Volatility by Period
| GRAG | UPSG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 69.83% | 58.91% | +10.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.83% | 58.91% | +10.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.83% | 58.91% | +10.92% |
GRAG vs. UPSG - Expense Ratio Comparison
Both GRAG and UPSG have an expense ratio of 0.75%.
Dividends
GRAG vs. UPSG - Dividend Comparison
Neither GRAG nor UPSG has paid dividends to shareholders.
Frequently Asked Questions
GRAG and UPSG have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
GRAG and UPSG have the same expense ratio: 0.75% per year.
GRAG and UPSG have nearly identical dividend yields, around 0.00%.
Find the right allocation for GRAG and UPSG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer