LULG vs. BEG

Last updated Jun 23, 2026

LULG (Leverage Shares 2X Long LULU Daily ETF) and BEG (Leverage Shares 2X Long BE Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a correlation of -0.08, they often move in opposite directions. Both charge a 0.75% expense ratio.

Performance

LULG vs. BEG - Performance Comparison

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

Returns By Period

In the year-to-date period, LULG achieves a -78.27% return, which is significantly lower than BEG's 778.97% return.

LULG

• 1D: -11.57%
• 1M: -33.75%
• YTD: -78.27%
• 6M: -79.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEG

• 1D: 10.53%
• 1M: 20.45%
• YTD: 778.97%
• 6M: 676.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LULG vs. BEG - Yearly Performance Comparison

	2026 (YTD)	2025
LULG Leverage Shares 2X Long LULU Daily ETF	-78.27%	0.29%
BEG Leverage Shares 2X Long BE Daily ETF	778.97%	1.77%

Correlation

The correlation between LULG and BEG is -0.08, 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 Dec 16, 2025	-0.08

Return for Risk

LULG vs. BEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long LULU Daily ETF (LULG) and Leverage Shares 2X Long BE Daily ETF (BEG). 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

LULG vs. BEG - Drawdown Comparison

The maximum LULG drawdown since its inception was -79.88%, which is greater than BEG's maximum drawdown of -59.85%. Use the drawdown chart below to compare losses from any high point for LULG and BEG.

Drawdown Indicators

	LULG	BEG	Difference
Max Drawdown Largest peak-to-trough decline	-79.88%	-59.85%	-20.03%
Current Drawdown Current decline from peak	-79.88%	0.00%	-79.88%
Average Drawdown Average peak-to-trough decline	-36.43%	-16.76%	-19.67%

Volatility

Volatility by Period

	LULG	BEG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	88.07%	212.53%	-124.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.07%	212.53%	-124.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.07%	212.53%	-124.46%

LULG vs. BEG - Expense Ratio Comparison

Both LULG and BEG have an expense ratio of 0.75%.

Dividends

LULG vs. BEG - Dividend Comparison

Neither LULG nor BEG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LULG and BEG in my portfolio?

LULG and BEG have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LULG or BEG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LULG or BEG?

LULG and BEG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, LULG or BEG?

LULG and BEG have nearly identical dividend yields, around 0.00%.