PBRG vs. ADBU

Last updated Jun 23, 2026

PBRG (Leverage Shares 2X Long PBR Daily ETF) and ADBU (Direxion Daily ADBE Bull 2X ETF) are both Leveraged Equities funds - PBRG tracks the Petroleo Brasileiro S.A. (PBR) while ADBU tracks the Adobe Inc.. Both are passively managed. At a 0.09 correlation, their price movements are largely independent. PBRG charges 0.75%/yr vs 0.97%/yr for ADBU.

Performance

PBRG vs. ADBU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long PBR Daily ETF (PBRG) and Direxion Daily ADBE Bull 2X ETF (ADBU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PBRG

• 1D: 2.70%
• 1M: -26.50%
• YTD: 91.10%
• 6M: 106.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ADBU

• 1D: -0.67%
• 1M: -38.87%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PBRG vs. ADBU - Yearly Performance Comparison

	2026 (YTD)
PBRG Leverage Shares 2X Long PBR Daily ETF	-27.10%
ADBU Direxion Daily ADBE Bull 2X ETF	-37.94%

Correlation

The correlation between PBRG and ADBU is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 25, 2026	0.09

Return for Risk

PBRG vs. ADBU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long PBR Daily ETF (PBRG) and Direxion Daily ADBE Bull 2X ETF (ADBU). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

PBRG vs. ADBU - Drawdown Comparison

The maximum PBRG drawdown since its inception was -42.40%, smaller than the maximum ADBU drawdown of -50.89%. Use the drawdown chart below to compare losses from any high point for PBRG and ADBU.

Drawdown Indicators

	PBRG	ADBU	Difference
Max Drawdown Largest peak-to-trough decline	-42.40%	-50.89%	+8.49%
Current Drawdown Current decline from peak	-40.84%	-50.89%	+10.05%
Average Drawdown Average peak-to-trough decline	-8.91%	-11.96%	+3.05%

Volatility

Volatility by Period

	PBRG	ADBU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	70.25%	94.04%	-23.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.25%	94.04%	-23.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.25%	94.04%	-23.79%

PBRG vs. ADBU - Expense Ratio Comparison

PBRG has a 0.75% expense ratio, which is lower than ADBU's 0.97% expense ratio.

Dividends

PBRG vs. ADBU - Dividend Comparison

Neither PBRG nor ADBU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PBRG and ADBU in my portfolio?

PBRG and ADBU have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PBRG or ADBU?

On fees, PBRG 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, PBRG or ADBU?

PBRG is cheaper with a 0.75% expense ratio, compared with 0.97% for ADBU.

Which ETF pays a higher dividend yield, PBRG or ADBU?

PBRG and ADBU have nearly identical dividend yields, around 0.00%.

What is the main difference between PBRG and ADBU?

PBRG tracks Petroleo Brasileiro S.A. (PBR), while ADBU tracks Adobe Inc.. They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for PBRG and 0.97% for ADBU.