KTUP vs. ADBG

Last updated Jun 4, 2026

KTUP (T-Rex 2X Long KTOS Daily Target ETF) and ADBG (Leverage Shares 2X Long ADBE Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.02 correlation, their price movements are largely independent. KTUP charges 1.50%/yr vs 0.75%/yr for ADBG.

Performance

KTUP vs. ADBG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long KTOS Daily Target ETF (KTUP) and Leverage Shares 2X Long ADBE Daily ETF (ADBG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KTUP achieves a -59.34% return, which is significantly lower than ADBG's -52.94% return.

KTUP

• 1D: -15.32%
• 1M: -16.96%
• YTD: -59.34%
• 6M: -57.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ADBG

• 1D: -4.56%
• 1M: -1.43%
• YTD: -52.94%
• 6M: -46.73%
• 1Y: -70.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KTUP vs. ADBG - Yearly Performance Comparison

	2026 (YTD)	2025
KTUP T-Rex 2X Long KTOS Daily Target ETF	-59.34%	-18.79%
ADBG Leverage Shares 2X Long ADBE Daily ETF	-52.94%	-7.09%

Correlation

The correlation between KTUP and ADBG is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025	0.02

Return for Risk

KTUP vs. ADBG — Risk / Return Rank

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

ADBG

ADBG Risk / Return Rank: 1
ADBG Sharpe Ratio Rank: 1
ADBG Sortino Ratio Rank: 1
ADBG Omega Ratio Rank: 1
ADBG Calmar Ratio Rank: 1
ADBG Martin Ratio Rank: 2

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.

KTUP vs. ADBG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long KTOS Daily Target ETF (KTUP) and Leverage Shares 2X Long ADBE Daily ETF (ADBG). 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

	KTUP	ADBG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-1.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.52	-0.91	+0.40

Drawdowns

KTUP vs. ADBG - Drawdown Comparison

The maximum KTUP drawdown since its inception was -88.10%, which is greater than ADBG's maximum drawdown of -76.71%. Use the drawdown chart below to compare losses from any high point for KTUP and ADBG.

Drawdown Indicators

	KTUP	ADBG	Difference
Max Drawdown Largest peak-to-trough decline	-88.10%	-76.71%	-11.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-76.23%	—
Current Drawdown Current decline from peak	-85.60%	-71.42%	-14.18%
Average Drawdown Average peak-to-trough decline	-51.02%	-41.64%	-9.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	50.12%	—

Volatility

Volatility by Period

	KTUP	ADBG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	27.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.21%	—
Volatility (1Y) Calculated over the trailing 1-year period	153.66%	67.26%	+86.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	153.66%	66.94%	+86.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	153.66%	66.94%	+86.72%

KTUP vs. ADBG - Expense Ratio Comparison

KTUP has a 1.50% expense ratio, which is higher than ADBG's 0.75% expense ratio.

Dividends

KTUP vs. ADBG - Dividend Comparison

KTUP's dividend yield for the trailing twelve months is around 5.23%, while ADBG has not paid dividends to shareholders.

Position	TTM	2025
ADBG Leverage Shares 2X Long ADBE Daily ETF	0.00%	0.00%
KTUP T-Rex 2X Long KTOS Daily Target ETF	5.23%	2.13%

Frequently Asked Questions

Can I hold both KTUP and ADBG in my portfolio?

KTUP and ADBG have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KTUP or ADBG?

On fees, ADBG 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, KTUP or ADBG?

ADBG is cheaper with a 0.75% expense ratio, compared with 1.50% for KTUP.

Which ETF pays a higher dividend yield, KTUP or ADBG?

KTUP has the higher dividend yield at 5.23%, compared with 0.00% for ADBG.

What is the main difference between KTUP and ADBG?

They also come from different issuers: Tuttle Capital Management and Leverage Shares. Their fees differ too: 1.50% for KTUP and 0.75% for ADBG.