PDDL vs. FIGG

Last updated Jul 12, 2026

PDDL (GraniteShares 2x Long PDD Daily ETF) and FIGG (Leverage Shares 2X Long FIG Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.15 correlation, their price movements are largely independent. PDDL charges 1.50%/yr vs 0.75%/yr for FIGG.

Performance

PDDL vs. FIGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long PDD Daily ETF (PDDL) and Leverage Shares 2X Long FIG Daily ETF (FIGG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PDDL achieves a -51.48% return, which is significantly higher than FIGG's -79.47% return.

PDDL

• 1D: -1.66%
• 1M: 6.34%
• 6M: -56.92%
• YTD: -51.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIGG

• 1D: -10.47%
• 1M: 11.56%
• 6M: -79.25%
• YTD: -79.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PDDL vs. FIGG - Yearly Performance Comparison

	2026 (YTD)	2025
PDDL GraniteShares 2x Long PDD Daily ETF	-51.48%	-23.89%
FIGG Leverage Shares 2X Long FIG Daily ETF	-79.47%	-68.14%

Correlation

The correlation between PDDL and FIGG is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025	0.15

Return for Risk

PDDL vs. FIGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PDD Daily ETF (PDDL) and Leverage Shares 2X Long FIG Daily ETF (FIGG). 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

PDDL vs. FIGG - Drawdown Comparison

The maximum PDDL drawdown since its inception was -76.06%, smaller than the maximum FIGG drawdown of -95.77%. Use the drawdown chart below to compare losses from any high point for PDDL and FIGG.

Drawdown Indicators

	PDDL	FIGG	Difference
Max Drawdown Largest peak-to-trough decline	-76.06%	-95.77%	+19.71%
Current Drawdown Current decline from peak	-68.25%	-93.61%	+25.36%
Average Drawdown Average peak-to-trough decline	-33.56%	-78.96%	+45.40%

Volatility

Volatility by Period

	PDDL	FIGG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	67.85%	147.98%	-80.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.85%	147.98%	-80.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.85%	147.98%	-80.13%

PDDL vs. FIGG - Expense Ratio Comparison

PDDL has a 1.50% expense ratio, which is higher than FIGG's 0.75% expense ratio.

Dividends

PDDL vs. FIGG - Dividend Comparison

PDDL's dividend yield for the trailing twelve months is around 0.69%, while FIGG has not paid dividends to shareholders.

Position	TTM	2025
FIGG Leverage Shares 2X Long FIG Daily ETF	0.00%	0.00%
PDDL GraniteShares 2x Long PDD Daily ETF	0.69%	0.33%

Frequently Asked Questions

Can I hold both PDDL and FIGG in my portfolio?

PDDL and FIGG have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PDDL or FIGG?

On fees, FIGG 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, PDDL or FIGG?

FIGG is cheaper with a 0.75% expense ratio, compared with 1.50% for PDDL.

Which ETF pays a higher dividend yield, PDDL or FIGG?

PDDL has the higher dividend yield at 0.69%, compared with 0.00% for FIGG.

What is the main difference between PDDL and FIGG?

They also come from different issuers: GraniteShares and Leverage Shares. Their fees differ too: 1.50% for PDDL and 0.75% for FIGG.