NVTX vs. BMNG

Last updated Jun 3, 2026

NVTX (Tradr 2X Long NVTS Daily ETF) and BMNG (Leverage Shares 2X Long BMNR Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. NVTX charges 1.30%/yr vs 0.75%/yr for BMNG.

Performance

NVTX vs. BMNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long NVTS Daily ETF (NVTX) and Leverage Shares 2X Long BMNR Daily ETF (BMNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVTX achieves a 488.36% return, which is significantly higher than BMNG's -71.67% return.

NVTX

• 1D: 8.20%
• 1M: 70.87%
• YTD: 488.36%
• 6M: 311.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BMNG

• 1D: -9.31%
• 1M: -36.10%
• YTD: -71.67%
• 6M: -81.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVTX vs. BMNG - Yearly Performance Comparison

	2026 (YTD)	2025
NVTX Tradr 2X Long NVTS Daily ETF	488.36%	-79.50%
BMNG Leverage Shares 2X Long BMNR Daily ETF	-71.67%	-81.37%

Correlation

The correlation between NVTX and BMNG is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025	0.54

Return for Risk

NVTX vs. BMNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long NVTS Daily ETF (NVTX) and Leverage Shares 2X Long BMNR Daily ETF (BMNG). 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

	NVTX	BMNG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.33	-0.52	+3.85

Drawdowns

NVTX vs. BMNG - Drawdown Comparison

The maximum NVTX drawdown since its inception was -89.20%, smaller than the maximum BMNG drawdown of -94.72%. Use the drawdown chart below to compare losses from any high point for NVTX and BMNG.

Drawdown Indicators

	NVTX	BMNG	Difference
Max Drawdown Largest peak-to-trough decline	-89.20%	-94.72%	+5.52%
Current Drawdown Current decline from peak	-35.15%	-94.72%	+59.57%
Average Drawdown Average peak-to-trough decline	-61.13%	-81.29%	+20.16%

Volatility

Volatility by Period

	NVTX	BMNG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	264.37%	191.69%	+72.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	264.37%	191.69%	+72.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	264.37%	191.69%	+72.68%

NVTX vs. BMNG - Expense Ratio Comparison

NVTX has a 1.30% expense ratio, which is higher than BMNG's 0.75% expense ratio.

Dividends

NVTX vs. BMNG - Dividend Comparison

NVTX's dividend yield for the trailing twelve months is around 2.90%, while BMNG has not paid dividends to shareholders.

Position	TTM	2025
BMNG Leverage Shares 2X Long BMNR Daily ETF	0.00%	0.00%
NVTX Tradr 2X Long NVTS Daily ETF	2.90%	17.05%

Frequently Asked Questions

Can I hold both NVTX and BMNG in my portfolio?

NVTX and BMNG have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVTX or BMNG?

On fees, BMNG 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, NVTX or BMNG?

BMNG is cheaper with a 0.75% expense ratio, compared with 1.30% for NVTX.

Which ETF pays a higher dividend yield, NVTX or BMNG?

NVTX has the higher dividend yield at 2.90%, compared with 0.00% for BMNG.

What is the main difference between NVTX and BMNG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for NVTX and 0.75% for BMNG.