LEUX vs. GRAG

Last updated Jul 11, 2026

LEUX (Tradr 2X Long LEU Daily ETF) and GRAG (Leverage Shares 2X Long GRAB Daily ETF) are both Leveraged Equities funds. LEUX is passively managed, while GRAG is actively managed. At a 0.35 correlation, their price movements are largely independent. LEUX charges 1.49%/yr vs 0.75%/yr for GRAG.

Performance

LEUX vs. GRAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long LEU Daily ETF (LEUX) and Leverage Shares 2X Long GRAB Daily ETF (GRAG). 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*: —

GRAG

• 1D: 3.50%
• 1M: 35.16%
• 6M: -41.95%
• YTD: -45.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LEUX vs. GRAG - Yearly Performance Comparison

	2026 (YTD)
LEUX Tradr 2X Long LEU Daily ETF	-49.84%
GRAG Leverage Shares 2X Long GRAB Daily ETF	-28.91%

Correlation

The correlation between LEUX and GRAG is 0.35, 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	0.35

Return for Risk

LEUX vs. GRAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long LEU Daily ETF (LEUX) and Leverage Shares 2X Long GRAB Daily ETF (GRAG). 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.

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

Drawdowns

LEUX vs. GRAG - Drawdown Comparison

The maximum LEUX drawdown since its inception was -63.07%, roughly equal to the maximum GRAG drawdown of -65.33%. Use the drawdown chart below to compare losses from any high point for LEUX and GRAG.

Drawdown Indicators

	LEUX	GRAG	Difference
Max Drawdown Largest peak-to-trough decline	-63.07%	-65.33%	+2.26%
Current Drawdown Current decline from peak	-52.53%	-51.08%	-1.45%
Average Drawdown Average peak-to-trough decline	-28.59%	-42.73%	+14.14%

Volatility

Volatility by Period

	LEUX	GRAG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	159.04%	70.55%	+88.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	159.04%	70.55%	+88.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	159.04%	70.55%	+88.49%

LEUX vs. GRAG - Expense Ratio Comparison

LEUX has a 1.49% expense ratio, which is higher than GRAG's 0.75% expense ratio.

Dividends

LEUX vs. GRAG - Dividend Comparison

Neither LEUX nor GRAG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LEUX and GRAG in my portfolio?

LEUX and GRAG have a correlation of 0.35, 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 GRAG?

On fees, GRAG 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, LEUX or GRAG?

GRAG is cheaper with a 0.75% expense ratio, compared with 1.49% for LEUX.

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

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

What is the main difference between LEUX and GRAG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.49% for LEUX and 0.75% for GRAG.