JOBX vs. TSMG

Last updated Aug 1, 2026

JOBX (Tradr 2X Long JOBY Daily ETF) and TSMG (Leverage Shares 2X Long TSM Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.44 correlation means their historical movements had little consistent relationship. JOBX charges 1.30%/yr vs 0.75%/yr for TSMG.

Performance

JOBX vs. TSMG - 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 TSM Daily ETF (TSMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JOBX achieves a -80.38% return, which is significantly lower than TSMG's 48.29% return.

JOBX

• 1D: -3.87%
• 1M: -34.32%
• 6M: -66.78%
• YTD: -80.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TSMG

• 1D: -0.01%
• 1M: -15.99%
• 6M: 27.89%
• YTD: 48.29%
• 1Y: 127.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 82.91%

*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)
JOBX Tradr 2X Long JOBY Daily ETF	$713.56K	$1.13M	$2.40M
TSMG Leverage Shares 2X Long TSM Daily ETF	$3.62M	$4.60M	$4.37M

JOBX vs. TSMG - Yearly Performance Comparison

	2026 (YTD)	2025
JOBX Tradr 2X Long JOBY Daily ETF	-80.38%	-29.29%
TSMG Leverage Shares 2X Long TSM Daily ETF	48.29%	42.47%

Correlation

The correlation between JOBX and TSMG is 0.44, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025	0.44

Return for Risk

JOBX vs. TSMG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JOBX

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

TSMG

TSMG Risk / Return Rank: 66
TSMG Sharpe Ratio Rank: 60
TSMG Sortino Ratio Rank: 63
TSMG Omega Ratio Rank: 57
TSMG Calmar Ratio Rank: 80
TSMG Martin Ratio Rank: 72

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JOBX vs. TSMG - 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 TSM Daily ETF (TSMG). 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.

	JOBX	TSMG	Difference
Sharpe ratio: Return per unit of total volatility	—	1.41	—
Sortino ratio: Return per unit of downside risk	—	2.09	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	2.89	—
Martin ratio: Return relative to average drawdown	—	8.76	—

Drawdowns

JOBX vs. TSMG - Drawdown Comparison

The maximum JOBX drawdown since its inception was -93.38%, which is greater than TSMG's maximum drawdown of -63.67%. Use the drawdown chart below to compare losses from any high point for JOBX and TSMG.

Drawdown Indicators

	JOBX	TSMG	Difference
Max Drawdown Largest peak-to-trough decline	-93.38%	-63.67%	-29.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-40.36%	—
Current Drawdown Current decline from peak	-92.52%	-30.88%	-61.64%
Average Drawdown Average peak-to-trough decline	-64.12%	-17.02%	-47.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.29%	—

Volatility

Volatility by Period

	JOBX	TSMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	28.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	67.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	146.20%	82.37%	+63.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.20%	85.13%	+61.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.20%	85.13%	+61.07%

JOBX vs. TSMG - Expense Ratio Comparison

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

Dividends

JOBX vs. TSMG - Dividend Comparison

JOBX has not paid dividends to shareholders, while TSMG's dividend yield for the trailing twelve months is around 7.74%.

Position	TTM	2025
JOBX Tradr 2X Long JOBY Daily ETF	0.00%	0.00%
TSMG Leverage Shares 2X Long TSM Daily ETF	7.74%	11.48%

Frequently Asked Questions

Can I hold both JOBX and TSMG in my portfolio?

JOBX and TSMG have a correlation of 0.44, 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 TSMG?

On fees, TSMG 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 TSMG?

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

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

TSMG has the higher dividend yield at 7.74%, compared with 0.00% for JOBX.

What is the main difference between JOBX and TSMG?

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