LEUX vs. DLLL

Last updated Jul 11, 2026

LEUX (Tradr 2X Long LEU Daily ETF) and DLLL (GraniteShares 2x Long DELL Daily ETF) are both Leveraged Equities funds - LEUX tracks the Centrus Energy Corp. (LEU) while DLLL tracks the Dell Technologies Inc. (DELL). Both are passively managed. At a 0.38 correlation, their price movements are largely independent. LEUX charges 1.49%/yr vs 1.50%/yr for DLLL.

Performance

LEUX vs. DLLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long LEU Daily ETF (LEUX) and GraniteShares 2x Long DELL Daily ETF (DLLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LEUX

• 1D: -3.79%
• 1M: 4.90%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DLLL

• 1D: -6.93%
• 1M: 19.14%
• 6M: 855.33%
• YTD: 770.75%
• 1Y: 664.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LEUX vs. DLLL - Yearly Performance Comparison

	2026 (YTD)
LEUX Tradr 2X Long LEU Daily ETF	-49.84%
DLLL GraniteShares 2x Long DELL Daily ETF	949.46%

Correlation

The correlation between LEUX and DLLL 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 Feb 19, 2026	0.38

Return for Risk

LEUX vs. DLLL — Risk / Return Rank

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

LEUX

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

DLLL

DLLL Risk / Return Rank: 96
DLLL Sharpe Ratio Rank: 98
DLLL Sortino Ratio Rank: 95
DLLL Omega Ratio Rank: 93
DLLL Calmar Ratio Rank: 98
DLLL Martin Ratio Rank: 95

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.

LEUX vs. DLLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long LEU Daily ETF (LEUX) and GraniteShares 2x Long DELL Daily ETF (DLLL). 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.

	LEUX	DLLL	Difference
Sharpe ratio: Return per unit of total volatility	—	4.94	—
Sortino ratio: Return per unit of downside risk	—	4.18	—
Omega ratio: Gain probability vs. loss probability	—	1.51	—
Calmar ratio: Return relative to maximum drawdown	—	11.56	—
Martin ratio: Return relative to average drawdown	—	23.17	—

Drawdowns

LEUX vs. DLLL - Drawdown Comparison

The maximum LEUX drawdown since its inception was -63.07%, smaller than the maximum DLLL drawdown of -68.58%. Use the drawdown chart below to compare losses from any high point for LEUX and DLLL.

Drawdown Indicators

	LEUX	DLLL	Difference
Max Drawdown Largest peak-to-trough decline	-63.07%	-68.58%	+5.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-57.19%	—
Current Drawdown Current decline from peak	-52.53%	-17.63%	-34.90%
Average Drawdown Average peak-to-trough decline	-28.59%	-25.73%	-2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.47%	—

Volatility

Volatility by Period

	LEUX	DLLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	35.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	106.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	159.04%	133.77%	+25.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	159.04%	129.85%	+29.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	159.04%	129.85%	+29.19%

LEUX vs. DLLL - Expense Ratio Comparison

LEUX has a 1.49% expense ratio, which is lower than DLLL's 1.50% expense ratio.

Dividends

LEUX vs. DLLL - Dividend Comparison

Neither LEUX nor DLLL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LEUX and DLLL in my portfolio?

LEUX and DLLL 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, LEUX or DLLL?

On fees, LEUX is cheaper at 1.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LEUX or DLLL?

LEUX is cheaper with a 1.49% expense ratio, compared with 1.50% for DLLL.

Which ETF pays a higher dividend yield, LEUX or DLLL?

LEUX and DLLL have nearly identical dividend yields, around 0.00%.

What is the main difference between LEUX and DLLL?

LEUX tracks Centrus Energy Corp. (LEU), while DLLL tracks Dell Technologies Inc. (DELL). They also come from different issuers: Tradr and GraniteShares. Their fees differ too: 1.49% for LEUX and 1.50% for DLLL.