LULG vs. IXC
LULG (Leverage Shares 2X Long LULU Daily ETF) and IXC (iShares Global Energy ETF) are both exchange-traded funds - LULG is a Leveraged Equities fund actively managed by Leverage Shares, while IXC is a Energy Equities fund tracking the S&P Global 1200 Energy Capped Index. LULG is actively managed, while IXC is passively managed. At a correlation of -0.23, they often move in opposite directions. LULG charges 0.75%/yr vs 0.40%/yr for IXC.
Performance
LULG vs. IXC - Performance Comparison
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Returns By Period
In the year-to-date period, LULG achieves a -72.19% return, which is significantly lower than IXC's 27.00% return.
LULG
- 1D
- 2.05%
- 1M
- -0.23%
- 6M
- -72.43%
- YTD
- -72.19%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IXC
- 1D
- 2.96%
- 1M
- -1.68%
- 6M
- 24.48%
- YTD
- 27.00%
- 1Y
- 32.84%
- 3Y*
- 16.31%
- 5Y*
- 20.33%
- 10Y*
- 9.19%
LULG vs. IXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LULG Leverage Shares 2X Long LULU Daily ETF | -72.19% | 55.59% |
IXC iShares Global Energy ETF | 27.00% | 3.63% |
Correlation
The correlation between LULG and IXC is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | -0.23 |
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Return for Risk
LULG vs. IXC — Risk / Return Rank
LULG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IXC
LULG vs. IXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long LULU Daily ETF (LULG) and iShares Global Energy ETF (IXC). 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.
| LULG | IXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.15 | — |
| Martin ratioReturn relative to average drawdown | — | 6.86 | — |
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Drawdowns
LULG vs. IXC - Drawdown Comparison
The maximum LULG drawdown since its inception was -79.88%, which is greater than IXC's maximum drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for LULG and IXC.
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Drawdown Indicators
| LULG | IXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.88% | -67.88% | -12.00% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.36% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.06% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.93% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.16% | — |
Current DrawdownCurrent decline from peak | -74.24% | -8.60% | -65.64% |
Average DrawdownAverage peak-to-trough decline | -39.70% | -17.45% | -22.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.81% | — |
Volatility
LULG vs. IXC - Volatility Comparison
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Volatility by Period
| LULG | IXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.16% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.96% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 87.42% | 19.42% | +68.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.42% | 23.49% | +63.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.42% | 26.82% | +60.60% |
LULG vs. IXC - Expense Ratio Comparison
LULG has a 0.75% expense ratio, which is higher than IXC's 0.40% expense ratio.
Dividends
LULG vs. IXC - Dividend Comparison
LULG has not paid dividends to shareholders, while IXC's dividend yield for the trailing twelve months is around 2.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXC iShares Global Energy ETF | 2.99% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
LULG Leverage Shares 2X Long LULU Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LULG and IXC have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IXC is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IXC is cheaper with a 0.40% expense ratio, compared with 0.75% for LULG.
IXC has the higher dividend yield at 2.99%, compared with 0.00% for LULG.
LULG is categorized as Leveraged Equities, while IXC is Energy Equities. They also come from different issuers: Leverage Shares and iShares. Their fees differ too: 0.75% for LULG and 0.40% for IXC.
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