NEMG vs. FFUT
NEMG (Leverage Shares 2x Long NEM Daily ETF) and FFUT (Fidelity Managed Futures ETF) are both exchange-traded funds - NEMG is a Leveraged Equities fund actively managed by Leverage Shares, while FFUT is a Systematic Trend fund actively managed by Fidelity. Both are actively managed. Their -0.03 correlation means they have often moved in opposite directions in the past. NEMG charges 0.75%/yr vs 0.80%/yr for FFUT.
Performance
NEMG vs. FFUT - Performance Comparison
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Returns By Period
In the year-to-date period, NEMG achieves a -28.92% return, which is significantly lower than FFUT's 13.58% return.
NEMG
- 1D
- -4.30%
- 1M
- -8.31%
- 6M
- -41.24%
- YTD
- -28.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FFUT
- 1D
- -0.23%
- 1M
- 5.46%
- 6M
- 9.55%
- YTD
- 13.58%
- 1Y
- 23.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.77M | $4.00M | $2.01M | |
| $96.38K | $81.09K | $228.81K |
NEMG vs. FFUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NEMG Leverage Shares 2x Long NEM Daily ETF | -28.92% | 22.87% |
FFUT Fidelity Managed Futures ETF | 13.58% | 1.34% |
Correlation
The correlation between NEMG and FFUT is -0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | -0.03 |
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Return for Risk
NEMG vs. FFUT — Risk / Return Rank
NEMG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FFUT
NEMG vs. FFUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Long NEM Daily ETF (NEMG) and Fidelity Managed Futures ETF (FFUT). 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.
| NEMG | FFUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.38 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.20 | — |
| Martin ratioReturn relative to average drawdown | — | 14.36 | — |
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Drawdowns
NEMG vs. FFUT - Drawdown Comparison
The maximum NEMG drawdown since its inception was -61.96%, which is greater than FFUT's maximum drawdown of -5.59%. Use the drawdown chart below to compare losses from any high point for NEMG and FFUT.
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Drawdown Indicators
| NEMG | FFUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.96% | -5.59% | -56.37% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.59% | — |
Current DrawdownCurrent decline from peak | -58.41% | -1.43% | -56.98% |
Average DrawdownAverage peak-to-trough decline | -28.50% | -1.11% | -27.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.63% | — |
Volatility
NEMG vs. FFUT - Volatility Comparison
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Volatility by Period
| NEMG | FFUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.61% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.27% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 98.91% | 11.67% | +87.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 98.91% | 11.09% | +87.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 98.91% | 11.09% | +87.82% |
NEMG vs. FFUT - Expense Ratio Comparison
NEMG has a 0.75% expense ratio, which is lower than FFUT's 0.80% expense ratio.
Dividends
NEMG vs. FFUT - Dividend Comparison
NEMG has not paid dividends to shareholders, while FFUT's dividend yield for the trailing twelve months is around 1.84%.
| Position | TTM | 2025 |
|---|---|---|
FFUT Fidelity Managed Futures ETF | 1.84% | 2.09% |
NEMG Leverage Shares 2x Long NEM Daily ETF | 0.00% | 0.00% |
Frequently Asked Questions
NEMG and FFUT have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NEMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NEMG is cheaper with a 0.75% expense ratio, compared with 0.80% for FFUT.
FFUT has the higher dividend yield at 1.84%, compared with 0.00% for NEMG.
NEMG is categorized as Leveraged Equities, while FFUT is Systematic Trend. They also come from different issuers: Leverage Shares and Fidelity. Their fees differ too: 0.75% for NEMG and 0.80% for FFUT.
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