NEMG vs. GMEU
NEMG (Leverage Shares 2x Long NEM Daily ETF) and GMEU (T-Rex 2X Long GME Daily Target ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.12 correlation means their historical movements had little consistent relationship. NEMG charges 0.75%/yr vs 1.50%/yr for GMEU.
Performance
NEMG vs. GMEU - 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 GMEU's -10.68% return.
NEMG
- 1D
- -4.30%
- 1M
- -8.31%
- 6M
- -41.24%
- YTD
- -28.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
GMEU
- 1D
- -1.64%
- 1M
- -11.89%
- 6M
- -34.35%
- YTD
- -10.68%
- 1Y
- -38.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -61.04%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.41M | $2.21M | $2.51M | |
| $96.38K | $81.09K | $228.81K |
NEMG vs. GMEU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NEMG Leverage Shares 2x Long NEM Daily ETF | -28.92% | 22.87% |
GMEU T-Rex 2X Long GME Daily Target ETF | -10.68% | -10.39% |
Correlation
The correlation between NEMG and GMEU is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | 0.12 |
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Return for Risk
NEMG vs. GMEU — Risk / Return Rank
NEMG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GMEU
NEMG vs. GMEU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Long NEM Daily ETF (NEMG) and T-Rex 2X Long GME Daily Target ETF (GMEU). 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 | GMEU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.94 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.69 | — |
| Martin ratioReturn relative to average drawdown | — | -1.01 | — |
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Drawdowns
NEMG vs. GMEU - Drawdown Comparison
The maximum NEMG drawdown since its inception was -61.96%, smaller than the maximum GMEU drawdown of -81.07%. Use the drawdown chart below to compare losses from any high point for NEMG and GMEU.
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Drawdown Indicators
| NEMG | GMEU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.96% | -81.07% | +19.11% |
Max Drawdown (1Y)Largest decline over 1 year | — | -59.59% | — |
Current DrawdownCurrent decline from peak | -58.41% | -80.20% | +21.79% |
Average DrawdownAverage peak-to-trough decline | -28.50% | -65.03% | +36.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 40.57% | — |
Volatility
NEMG vs. GMEU - Volatility Comparison
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Volatility by Period
| NEMG | GMEU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 13.01% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 53.03% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 98.91% | 70.63% | +28.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 98.91% | 85.59% | +13.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 98.91% | 85.59% | +13.32% |
NEMG vs. GMEU - Expense Ratio Comparison
NEMG has a 0.75% expense ratio, which is lower than GMEU's 1.50% expense ratio.
Dividends
NEMG vs. GMEU - Dividend Comparison
Neither NEMG nor GMEU has paid dividends to shareholders.
Frequently Asked Questions
NEMG and GMEU have a correlation of 0.12, 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 1.50% for GMEU.
NEMG and GMEU have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Leverage Shares and T-Rex. Their fees differ too: 0.75% for NEMG and 1.50% for GMEU.
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