LMTL vs. FUTG

Last updated Jun 5, 2026

LMTL (Direxion Daily LMT Bull 2X ETF) and FUTG (Leverage Shares 2X Long FUTU Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.04, they often move in opposite directions. LMTL charges 1.07%/yr vs 0.75%/yr for FUTG.

Performance

LMTL vs. FUTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily LMT Bull 2X ETF (LMTL) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LMTL achieves a 8.57% return, which is significantly higher than FUTG's -75.86% return.

LMTL

• 1D: 2.29%
• 1M: 4.14%
• YTD: 8.57%
• 6M: 25.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FUTG

• 1D: -1.36%
• 1M: -71.11%
• YTD: -75.86%
• 6M: -77.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LMTL vs. FUTG - Yearly Performance Comparison

	2026 (YTD)	2025
LMTL Direxion Daily LMT Bull 2X ETF	8.57%	-9.43%
FUTG Leverage Shares 2X Long FUTU Daily ETF	-75.86%	-0.80%

Correlation

The correlation between LMTL and FUTG is -0.04, 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 Oct 15, 2025	-0.04

Return for Risk

LMTL vs. FUTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily LMT Bull 2X ETF (LMTL) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). 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

	LMTL	FUTG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	-0.66	+1.46

Drawdowns

LMTL vs. FUTG - Drawdown Comparison

The maximum LMTL drawdown since its inception was -45.74%, smaller than the maximum FUTG drawdown of -86.19%. Use the drawdown chart below to compare losses from any high point for LMTL and FUTG.

Drawdown Indicators

	LMTL	FUTG	Difference
Max Drawdown Largest peak-to-trough decline	-45.74%	-86.19%	+40.45%
Current Drawdown Current decline from peak	-43.02%	-84.51%	+41.49%
Average Drawdown Average peak-to-trough decline	-13.72%	-40.62%	+26.90%

Volatility

Volatility by Period

	LMTL	FUTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	48.78%	135.59%	-86.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.78%	135.59%	-86.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.78%	135.59%	-86.81%

LMTL vs. FUTG - Expense Ratio Comparison

LMTL has a 1.07% expense ratio, which is higher than FUTG's 0.75% expense ratio.

Dividends

LMTL vs. FUTG - Dividend Comparison

LMTL's dividend yield for the trailing twelve months is around 3.47%, while FUTG has not paid dividends to shareholders.

Position	TTM	2025
FUTG Leverage Shares 2X Long FUTU Daily ETF	0.00%	0.00%
LMTL Direxion Daily LMT Bull 2X ETF	3.47%	3.18%

Frequently Asked Questions

Can I hold both LMTL and FUTG in my portfolio?

LMTL and FUTG have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LMTL or FUTG?

On fees, FUTG 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, LMTL or FUTG?

FUTG is cheaper with a 0.75% expense ratio, compared with 1.07% for LMTL.

Which ETF pays a higher dividend yield, LMTL or FUTG?

LMTL has the higher dividend yield at 3.47%, compared with 0.00% for FUTG.

What is the main difference between LMTL and FUTG?

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 1.07% for LMTL and 0.75% for FUTG.