LITX vs. TSMG

Last updated Jun 5, 2026

LITX (Tradr 2X Long LITE Daily ETF) and TSMG (Leverage Shares 2X Long TSM Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.34 correlation, their price movements are largely independent. LITX charges 1.49%/yr vs 0.75%/yr for TSMG.

Performance

LITX vs. TSMG - Performance Comparison

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

Returns By Period

LITX

• 1D: 1.42%
• 1M: -18.50%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSMG

• 1D: 3.47%
• 1M: 24.82%
• YTD: 92.52%
• 6M: 104.85%
• 1Y: 292.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LITX vs. TSMG - Yearly Performance Comparison

	2026 (YTD)
LITX Tradr 2X Long LITE Daily ETF	335.33%
TSMG Leverage Shares 2X Long TSM Daily ETF	57.73%

Correlation

The correlation between LITX and TSMG is 0.34, 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 Jan 28, 2026	0.34

Return for Risk

LITX vs. TSMG — Risk / Return Rank

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

TSMG

TSMG Risk / Return Rank: 89
TSMG Sharpe Ratio Rank: 96
TSMG Sortino Ratio Rank: 84
TSMG Omega Ratio Rank: 78
TSMG Calmar Ratio Rank: 95
TSMG Martin Ratio Rank: 94

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.

LITX vs. TSMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long LITE Daily ETF (LITX) 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.

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

Sharpe Ratios by Period

	LITX	TSMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	32.05	1.76	+30.29

Drawdowns

LITX vs. TSMG - Drawdown Comparison

The maximum LITX drawdown since its inception was -51.46%, smaller than the maximum TSMG drawdown of -63.67%. Use the drawdown chart below to compare losses from any high point for LITX and TSMG.

Drawdown Indicators

	LITX	TSMG	Difference
Max Drawdown Largest peak-to-trough decline	-51.46%	-63.67%	+12.21%
Max Drawdown (1Y) Largest decline over 1 year	—	-35.29%	—
Current Drawdown Current decline from peak	-25.05%	-0.93%	-24.12%
Average Drawdown Average peak-to-trough decline	-14.60%	-16.94%	+2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.79%	—

Volatility

Volatility by Period

	LITX	TSMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	55.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	198.92%	71.76%	+127.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	198.92%	80.99%	+117.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	198.92%	80.99%	+117.93%

LITX vs. TSMG - Expense Ratio Comparison

LITX has a 1.49% expense ratio, which is higher than TSMG's 0.75% expense ratio.

Dividends

LITX vs. TSMG - Dividend Comparison

LITX has not paid dividends to shareholders, while TSMG's dividend yield for the trailing twelve months is around 5.96%.

Position	TTM	2025
LITX Tradr 2X Long LITE Daily ETF	0.00%	0.00%
TSMG Leverage Shares 2X Long TSM Daily ETF	5.96%	11.48%

Frequently Asked Questions

Can I hold both LITX and TSMG in my portfolio?

LITX and TSMG have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LITX 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, LITX or TSMG?

TSMG is cheaper with a 0.75% expense ratio, compared with 1.49% for LITX.

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

TSMG has the higher dividend yield at 5.96%, compared with 0.00% for LITX.

What is the main difference between LITX and TSMG?

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