LOFF vs. ALBG

Last updated Jul 25, 2026

LOFF (Direxion Daily SpaceX Bull 2X ETF) and ALBG (Leverage Shares 2X Long ALB Daily ETF) are both Leveraged Equities funds. LOFF is actively managed, while ALBG is passively managed. At a 0.02 correlation, their price movements are largely independent. LOFF charges 0.97%/yr vs 0.75%/yr for ALBG.

Performance

LOFF vs. ALBG - Performance Comparison

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

Returns By Period

LOFF

• 1D: -5.94%
• 1M: -47.69%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

ALBG

• 1D: -3.56%
• 1M: -41.42%
• 6M: -71.11%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ALBG Leverage Shares 2X Long ALB Daily ETF	$150.17K	$206.99K	$385.05K
LOFF Direxion Daily SpaceX Bull 2X ETF	$12.23M	$19.42M	$33.43M

LOFF vs. ALBG - Yearly Performance Comparison

	2026 (YTD)
LOFF Direxion Daily SpaceX Bull 2X ETF	-60.77%
ALBG Leverage Shares 2X Long ALB Daily ETF	-56.37%

Correlation

The correlation between LOFF and ALBG 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 Jun 15, 2026	0.02

Return for Risk

LOFF vs. ALBG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily SpaceX Bull 2X ETF (LOFF) and Leverage Shares 2X Long ALB Daily ETF (ALBG). 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

LOFF vs. ALBG - Drawdown Comparison

The maximum LOFF drawdown since its inception was -70.97%, roughly equal to the maximum ALBG drawdown of -74.47%. Use the drawdown chart below to compare losses from any high point for LOFF and ALBG.

Drawdown Indicators

	LOFF	ALBG	Difference
Max Drawdown Largest peak-to-trough decline	-70.97%	-74.47%	+3.50%
Current Drawdown Current decline from peak	-70.97%	-74.47%	+3.50%
Average Drawdown Average peak-to-trough decline	-46.12%	-33.42%	-12.70%

Volatility

Volatility by Period

	LOFF	ALBG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	169.72%	117.83%	+51.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	169.72%	117.83%	+51.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	169.72%	117.83%	+51.89%

LOFF vs. ALBG - Expense Ratio Comparison

LOFF has a 0.97% expense ratio, which is higher than ALBG's 0.75% expense ratio.

Dividends

LOFF vs. ALBG - Dividend Comparison

LOFF's dividend yield for the trailing twelve months is around 0.09%, while ALBG has not paid dividends to shareholders.

Position	TTM
ALBG Leverage Shares 2X Long ALB Daily ETF	0.00%
LOFF Direxion Daily SpaceX Bull 2X ETF	0.09%

Frequently Asked Questions

Can I hold both LOFF and ALBG in my portfolio?

LOFF and ALBG 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, LOFF or ALBG?

On fees, ALBG 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, LOFF or ALBG?

ALBG is cheaper with a 0.75% expense ratio, compared with 0.97% for LOFF.

Which ETF pays a higher dividend yield, LOFF or ALBG?

LOFF has the higher dividend yield at 0.09%, compared with 0.00% for ALBG.

What is the main difference between LOFF and ALBG?

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.97% for LOFF and 0.75% for ALBG.