JOBX vs. KLAG

Last updated Jun 4, 2026

JOBX (Tradr 2X Long JOBY Daily ETF) and KLAG (Leverage Shares 2X Long KLAC Daily ETF) are both Leveraged Equities funds. JOBX is actively managed, while KLAG is passively managed. At a 0.38 correlation, their price movements are largely independent. JOBX charges 1.30%/yr vs 0.75%/yr for KLAG.

Performance

JOBX vs. KLAG - Performance Comparison

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

Returns By Period

In the year-to-date period, JOBX achieves a -42.67% return, which is significantly lower than KLAG's 155.10% return.

JOBX

• 1D: -6.82%
• 1M: 54.69%
• YTD: -42.67%
• 6M: -54.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KLAG

• 1D: 8.19%
• 1M: 49.84%
• YTD: 155.10%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JOBX vs. KLAG - Yearly Performance Comparison

	2026 (YTD)	2025
JOBX Tradr 2X Long JOBY Daily ETF	-42.67%	-10.01%
KLAG Leverage Shares 2X Long KLAC Daily ETF	155.10%	-1.92%

Correlation

The correlation between JOBX and KLAG 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 Dec 19, 2025	0.38

Return for Risk

JOBX vs. KLAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long JOBY Daily ETF (JOBX) and Leverage Shares 2X Long KLAC Daily ETF (KLAG). 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

	JOBX	KLAG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.47	6.19	-6.66

Drawdowns

JOBX vs. KLAG - Drawdown Comparison

The maximum JOBX drawdown since its inception was -88.29%, which is greater than KLAG's maximum drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for JOBX and KLAG.

Drawdown Indicators

	JOBX	KLAG	Difference
Max Drawdown Largest peak-to-trough decline	-88.29%	-42.37%	-45.92%
Current Drawdown Current decline from peak	-78.14%	0.00%	-78.14%
Average Drawdown Average peak-to-trough decline	-59.09%	-15.60%	-43.49%

Volatility

Volatility by Period

	JOBX	KLAG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	146.68%	109.21%	+37.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.68%	109.21%	+37.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.68%	109.21%	+37.47%

JOBX vs. KLAG - Expense Ratio Comparison

JOBX has a 1.30% expense ratio, which is higher than KLAG's 0.75% expense ratio.

Dividends

JOBX vs. KLAG - Dividend Comparison

Neither JOBX nor KLAG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JOBX and KLAG in my portfolio?

JOBX and KLAG 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, JOBX or KLAG?

On fees, KLAG 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, JOBX or KLAG?

KLAG is cheaper with a 0.75% expense ratio, compared with 1.30% for JOBX.

Which ETF pays a higher dividend yield, JOBX or KLAG?

JOBX and KLAG have nearly identical dividend yields, around 0.00%.

What is the main difference between JOBX and KLAG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for JOBX and 0.75% for KLAG.