PBRG vs. COIG

Last updated Jun 6, 2026

PBRG (Leverage Shares 2X Long PBR Daily ETF) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds from Leverage Shares. PBRG is passively managed, while COIG is actively managed. At a 0.02 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

PBRG vs. COIG - Performance Comparison

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

Returns By Period

In the year-to-date period, PBRG achieves a 110.89% return, which is significantly higher than COIG's -67.38% return.

PBRG

• 1D: -3.51%
• 1M: -27.22%
• YTD: 110.89%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COIG

• 1D: -14.29%
• 1M: -44.01%
• YTD: -67.38%
• 6M: -77.55%
• 1Y: -80.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PBRG vs. COIG - Yearly Performance Comparison

	2026 (YTD)	2025
PBRG Leverage Shares 2X Long PBR Daily ETF	110.89%	7.59%
COIG Leverage Shares 2X Long COIN Daily ETF	-67.38%	-11.80%

Correlation

The correlation between PBRG and COIG is 0.02, 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 Dec 19, 2025	0.02

Return for Risk

PBRG vs. COIG — Risk / Return Rank

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

COIG

COIG Risk / Return Rank: 4
COIG Sharpe Ratio Rank: 4
COIG Sortino Ratio Rank: 4
COIG Omega Ratio Rank: 5
COIG Calmar Ratio Rank: 1
COIG Martin Ratio Rank: 3

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.

PBRG vs. COIG - Risk-Adjusted Trends Comparison

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

	PBRG	COIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	7.14	-0.43	+7.58

Drawdowns

PBRG vs. COIG - Drawdown Comparison

The maximum PBRG drawdown since its inception was -34.71%, smaller than the maximum COIG drawdown of -92.67%. Use the drawdown chart below to compare losses from any high point for PBRG and COIG.

Drawdown Indicators

	PBRG	COIG	Difference
Max Drawdown Largest peak-to-trough decline	-34.71%	-92.67%	+57.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-92.67%	—
Current Drawdown Current decline from peak	-34.71%	-92.67%	+57.96%
Average Drawdown Average peak-to-trough decline	-6.54%	-51.96%	+45.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	66.38%	—

Volatility

Volatility by Period

	PBRG	COIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	39.97%	—
Volatility (6M) Calculated over the trailing 6-month period	—	100.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	70.61%	139.64%	-69.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.61%	146.55%	-75.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.61%	146.55%	-75.94%

PBRG vs. COIG - Expense Ratio Comparison

Both PBRG and COIG have an expense ratio of 0.75%.

Dividends

PBRG vs. COIG - Dividend Comparison

Neither PBRG nor COIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PBRG and COIG in my portfolio?

PBRG and COIG have a correlation of 0.02, 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 COIG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PBRG or COIG?

PBRG and COIG have the same expense ratio: 0.75% per year.

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

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