IFED vs. FUTG

Last updated Jun 4, 2026

IFED (ETRACS IFED Invest with the Fed TR Index ETN) and FUTG (Leverage Shares 2X Long FUTU Daily ETF) are both Leveraged Equities funds. IFED is passively managed, while FUTG is actively managed. At a 0.38 correlation, their price movements are largely independent. IFED charges 0.45%/yr vs 0.75%/yr for FUTG.

Performance

IFED vs. FUTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS IFED Invest with the Fed TR Index ETN (IFED) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IFED achieves a -3.52% return, which is significantly higher than FUTG's -75.53% return.

IFED

• 1D: -1.24%
• 1M: 4.85%
• YTD: -3.52%
• 6M: -3.51%
• 1Y: 1.97%
• 3Y*: 16.71%
• 5Y*: —
• 10Y*: —

FUTG

• 1D: -11.10%
• 1M: -70.24%
• YTD: -75.53%
• 6M: -77.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IFED vs. FUTG - Yearly Performance Comparison

	2026 (YTD)	2025
IFED ETRACS IFED Invest with the Fed TR Index ETN	-3.52%	0.13%
FUTG Leverage Shares 2X Long FUTU Daily ETF	-75.53%	-0.80%

Correlation

The correlation between IFED and FUTG is 0.38, 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 15, 2025	0.38

Return for Risk

IFED vs. FUTG — Risk / Return Rank

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

IFED

IFED Risk / Return Rank: 10
IFED Sharpe Ratio Rank: 10
IFED Sortino Ratio Rank: 10
IFED Omega Ratio Rank: 10
IFED Calmar Ratio Rank: 10
IFED Martin Ratio Rank: 10

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.

IFED vs. FUTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS IFED Invest with the Fed TR Index ETN (IFED) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). 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.

	IFED	FUTG	Difference
Sharpe ratio: Return per unit of total volatility	0.12	—	—
Sortino ratio: Return per unit of downside risk	0.29	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	0.14	—	—
Martin ratio: Return relative to average drawdown	0.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IFED	FUTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	-0.66	+1.30

Drawdowns

IFED vs. FUTG - Drawdown Comparison

The maximum IFED drawdown since its inception was -22.36%, smaller than the maximum FUTG drawdown of -86.19%. Use the drawdown chart below to compare losses from any high point for IFED and FUTG.

Drawdown Indicators

	IFED	FUTG	Difference
Max Drawdown Largest peak-to-trough decline	-22.36%	-86.19%	+63.83%
Max Drawdown (1Y) Largest decline over 1 year	-14.65%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.36%	—	—
Current Drawdown Current decline from peak	-5.50%	-84.29%	+78.79%
Average Drawdown Average peak-to-trough decline	-5.84%	-40.35%	+34.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.75%	—	—

Volatility

Volatility by Period

	IFED	FUTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.21%	136.01%	-119.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.88%	136.01%	-116.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.88%	136.01%	-116.13%

IFED vs. FUTG - Expense Ratio Comparison

IFED has a 0.45% expense ratio, which is lower than FUTG's 0.75% expense ratio.

Dividends

IFED vs. FUTG - Dividend Comparison

Neither IFED nor FUTG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IFED and FUTG in my portfolio?

IFED and FUTG have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IFED or FUTG?

On fees, IFED is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IFED or FUTG?

IFED is cheaper with a 0.45% expense ratio, compared with 0.75% for FUTG.

Which ETF pays a higher dividend yield, IFED or FUTG?

IFED and FUTG have nearly identical dividend yields, around 0.00%.

What is the main difference between IFED and FUTG?

They also come from different issuers: UBS and Leverage Shares. Their fees differ too: 0.45% for IFED and 0.75% for FUTG.