HLXX vs. PLUL

Last updated Jul 25, 2026

HLXX (Tradr 2X Long HL Daily ETF) and PLUL (Leverage Shares 2X Long PLUG Daily ETF) are both Leveraged Equities funds - HLXX tracks the Hecla Mining Company (HL) while PLUL tracks the Plug Power Inc. (PLUG). Both are passively managed. Their 0.19 correlation means their historical movements had little consistent relationship. HLXX charges 1.49%/yr vs 0.75%/yr for PLUL.

Performance

HLXX vs. PLUL - Performance Comparison

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

Returns By Period

HLXX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PLUL

• 1D: -9.38%
• 1M: -35.71%
• 6M: -55.14%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PLUL Leverage Shares 2X Long PLUG Daily ETF	$196.95K	$444.81K	$1.39M

HLXX vs. PLUL - Yearly Performance Comparison

	2026 (YTD)
HLXX Tradr 2X Long HL Daily ETF	-38.81%
PLUL Leverage Shares 2X Long PLUG Daily ETF	-37.73%

Correlation

The correlation between HLXX and PLUL is 0.19, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 24, 2026	0.19

Return for Risk

HLXX vs. PLUL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long HL Daily ETF (HLXX) 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.

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

Drawdowns

Drawdown Indicators

	HLXX	PLUL	Difference
Max Drawdown Largest peak-to-trough decline	—	-77.02%	—
Current Drawdown Current decline from peak	—	-77.02%	—
Average Drawdown Average peak-to-trough decline	—	-34.01%	—

Volatility

Volatility by Period

	HLXX	PLUL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	176.14%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	176.14%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	176.14%	—

HLXX vs. PLUL - Expense Ratio Comparison

HLXX has a 1.49% expense ratio, which is higher than PLUL's 0.75% expense ratio.

Dividends

HLXX vs. PLUL - Dividend Comparison

Neither HLXX nor PLUL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both HLXX and PLUL in my portfolio?

HLXX and PLUL have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HLXX 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, HLXX or PLUL?

PLUL is cheaper with a 0.75% expense ratio, compared with 1.49% for HLXX.

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

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

What is the main difference between HLXX and PLUL?

HLXX tracks Hecla Mining Company (HL), while PLUL tracks Plug Power Inc. (PLUG). They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.49% for HLXX and 0.75% for PLUL.