NFLU vs. GEVG

Last updated Jun 5, 2026

NFLU (T-REX 2X Long Netflix Daily Target ETF) and GEVG (Leverage Shares 2X Long GEV Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.12, they often move in opposite directions. NFLU charges 1.05%/yr vs 0.75%/yr for GEVG.

Performance

NFLU vs. GEVG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long Netflix Daily Target ETF (NFLU) and Leverage Shares 2X Long GEV Daily ETF (GEVG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NFLU achieves a -32.09% return, which is significantly lower than GEVG's 89.45% return.

NFLU

• 1D: 0.36%
• 1M: -15.11%
• YTD: -32.09%
• 6M: -44.93%
• 1Y: -65.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GEVG

• 1D: 0.68%
• 1M: -24.96%
• YTD: 89.45%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NFLU vs. GEVG - Yearly Performance Comparison

	2026 (YTD)	2025
NFLU T-REX 2X Long Netflix Daily Target ETF	-32.09%	-2.32%
GEVG Leverage Shares 2X Long GEV Daily ETF	89.45%	-11.09%

Correlation

The correlation between NFLU and GEVG is -0.12, 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 Dec 17, 2025	-0.12

Return for Risk

NFLU vs. GEVG — Risk / Return Rank

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

NFLU

NFLU Risk / Return Rank: 1
NFLU Sharpe Ratio Rank: 1
NFLU Sortino Ratio Rank: 1
NFLU Omega Ratio Rank: 1
NFLU Calmar Ratio Rank: 1
NFLU Martin Ratio Rank: 2

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.

NFLU vs. GEVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long Netflix Daily Target ETF (NFLU) and Leverage Shares 2X Long GEV Daily ETF (GEVG). 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.

	NFLU	GEVG	Difference
Sharpe ratio: Return per unit of total volatility	-0.99	—	—
Sortino ratio: Return per unit of downside risk	-1.69	—	—
Omega ratio: Gain probability vs. loss probability	0.79	—	—
Calmar ratio: Return relative to maximum drawdown	-0.91	—	—
Martin ratio: Return relative to average drawdown	-1.41	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NFLU	GEVG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.99	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	2.20	-2.29

Drawdowns

NFLU vs. GEVG - Drawdown Comparison

The maximum NFLU drawdown since its inception was -72.10%, which is greater than GEVG's maximum drawdown of -33.81%. Use the drawdown chart below to compare losses from any high point for NFLU and GEVG.

Drawdown Indicators

	NFLU	GEVG	Difference
Max Drawdown Largest peak-to-trough decline	-72.10%	-33.81%	-38.29%
Max Drawdown (1Y) Largest decline over 1 year	-72.10%	—	—
Current Drawdown Current decline from peak	-70.35%	-32.16%	-38.19%
Average Drawdown Average peak-to-trough decline	-28.02%	-9.45%	-18.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.49%	—	—

Volatility

Volatility by Period

	NFLU	GEVG	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	51.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	66.63%	96.19%	-29.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.10%	96.19%	-27.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.10%	96.19%	-27.09%

NFLU vs. GEVG - Expense Ratio Comparison

NFLU has a 1.05% expense ratio, which is higher than GEVG's 0.75% expense ratio.

Dividends

NFLU vs. GEVG - Dividend Comparison

Neither NFLU nor GEVG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both NFLU and GEVG in my portfolio?

NFLU and GEVG 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.

Which ETF is better, NFLU or GEVG?

On fees, GEVG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NFLU or GEVG?

GEVG is cheaper with a 0.75% expense ratio, compared with 1.05% for NFLU.

Which ETF pays a higher dividend yield, NFLU or GEVG?

NFLU and GEVG have nearly identical dividend yields, around 0.00%.

What is the main difference between NFLU and GEVG?

They also come from different issuers: REX Shares and Leverage Shares. Their fees differ too: 1.05% for NFLU and 0.75% for GEVG.