NEMG vs. DRLL

Last updated Jun 4, 2026

NEMG (Leverage Shares 2x Long NEM Daily ETF) and DRLL (Strive U.S. Energy ETF) are both exchange-traded funds - NEMG is a Leveraged Equities fund actively managed by Leverage Shares, while DRLL is a Energy Equities fund tracking the Bloomberg US Energy Select Index. NEMG is actively managed, while DRLL is passively managed. At a correlation of -0.10, they often move in opposite directions. NEMG charges 0.75%/yr vs 0.41%/yr for DRLL.

Performance

NEMG vs. DRLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2x Long NEM Daily ETF (NEMG) and Strive U.S. Energy ETF (DRLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NEMG achieves a -0.97% return, which is significantly lower than DRLL's 31.26% return.

NEMG

• 1D: -3.61%
• 1M: -3.20%
• YTD: -0.97%
• 6M: 20.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRLL

• 1D: 1.47%
• 1M: -1.82%
• YTD: 31.26%
• 6M: 27.14%
• 1Y: 43.09%
• 3Y*: 14.67%
• 5Y*: —
• 10Y*: —

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

NEMG vs. DRLL - Yearly Performance Comparison

	2026 (YTD)	2025
NEMG Leverage Shares 2x Long NEM Daily ETF	-0.97%	27.79%
DRLL Strive U.S. Energy ETF	31.26%	-1.56%

Correlation

The correlation between NEMG and DRLL is -0.10, 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 18, 2025	-0.10

Return for Risk

NEMG vs. DRLL — Risk / Return Rank

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

DRLL

DRLL Risk / Return Rank: 55
DRLL Sharpe Ratio Rank: 57
DRLL Sortino Ratio Rank: 52
DRLL Omega Ratio Rank: 50
DRLL Calmar Ratio Rank: 63
DRLL Martin Ratio Rank: 52

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.

NEMG vs. DRLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Long NEM Daily ETF (NEMG) and Strive U.S. Energy ETF (DRLL). 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

	NEMG	DRLL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.94	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.57	-0.02

Drawdowns

NEMG vs. DRLL - Drawdown Comparison

The maximum NEMG drawdown since its inception was -51.18%, which is greater than DRLL's maximum drawdown of -23.73%. Use the drawdown chart below to compare losses from any high point for NEMG and DRLL.

Drawdown Indicators

	NEMG	DRLL	Difference
Max Drawdown Largest peak-to-trough decline	-51.18%	-23.73%	-27.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.73%	—
Current Drawdown Current decline from peak	-42.05%	-8.10%	-33.95%
Average Drawdown Average peak-to-trough decline	-20.71%	-8.02%	-12.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.90%	—

Volatility

Volatility by Period

	NEMG	DRLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	100.36%	22.34%	+78.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	100.36%	23.76%	+76.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.36%	23.76%	+76.60%

NEMG vs. DRLL - Expense Ratio Comparison

NEMG has a 0.75% expense ratio, which is higher than DRLL's 0.41% expense ratio.

Dividends

NEMG vs. DRLL - Dividend Comparison

NEMG has not paid dividends to shareholders, while DRLL's dividend yield for the trailing twelve months is around 2.33%.

Position	TTM	2025	2024	2023	2022
DRLL Strive U.S. Energy ETF	2.33%	2.99%	3.00%	3.01%	1.18%
NEMG Leverage Shares 2x Long NEM Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NEMG and DRLL in my portfolio?

NEMG and DRLL have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NEMG or DRLL?

On fees, DRLL is cheaper at 0.41% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NEMG or DRLL?

DRLL is cheaper with a 0.41% expense ratio, compared with 0.75% for NEMG.

Which ETF pays a higher dividend yield, NEMG or DRLL?

DRLL has the higher dividend yield at 2.33%, compared with 0.00% for NEMG.

What is the main difference between NEMG and DRLL?

NEMG is categorized as Leveraged Equities, while DRLL is Energy Equities. They also come from different issuers: Leverage Shares and Strive. Their fees differ too: 0.75% for NEMG and 0.41% for DRLL.