PLUL vs. WDCX

Last updated Jun 24, 2026

PLUL (Leverage Shares 2X Long PLUG Daily ETF) and WDCX (Tradr 2X Long WDC Daily ETF) are both Leveraged Equities funds - PLUL tracks the Plug Power Inc. (PLUG) while WDCX tracks the Western Digital Corporation (WDC). Both are passively managed. At a 0.39 correlation, their price movements are largely independent. PLUL charges 0.75%/yr vs 1.49%/yr for WDCX.

Performance

PLUL vs. WDCX - Performance Comparison

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

Returns By Period

PLUL

• 1D: -6.18%
• 1M: -52.73%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WDCX

• 1D: -17.39%
• 1M: 76.16%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLUL vs. WDCX - Yearly Performance Comparison

	2026 (YTD)
PLUL Leverage Shares 2X Long PLUG Daily ETF	-7.26%
WDCX Tradr 2X Long WDC Daily ETF	458.93%

Correlation

The correlation between PLUL and WDCX is 0.39, 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 Jan 27, 2026	0.39

Return for Risk

PLUL vs. WDCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long PLUG Daily ETF (PLUL) and Tradr 2X Long WDC Daily ETF (WDCX). 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

PLUL vs. WDCX - Drawdown Comparison

The maximum PLUL drawdown since its inception was -61.04%, which is greater than WDCX's maximum drawdown of -38.58%. Use the drawdown chart below to compare losses from any high point for PLUL and WDCX.

Drawdown Indicators

	PLUL	WDCX	Difference
Max Drawdown Largest peak-to-trough decline	-61.04%	-38.58%	-22.46%
Current Drawdown Current decline from peak	-60.12%	-20.50%	-39.62%
Average Drawdown Average peak-to-trough decline	-27.01%	-10.10%	-16.91%

Volatility

Volatility by Period

	PLUL	WDCX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	186.73%	160.62%	+26.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	186.73%	160.62%	+26.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	186.73%	160.62%	+26.11%

PLUL vs. WDCX - Expense Ratio Comparison

PLUL has a 0.75% expense ratio, which is lower than WDCX's 1.49% expense ratio.

Dividends

PLUL vs. WDCX - Dividend Comparison

Neither PLUL nor WDCX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PLUL and WDCX in my portfolio?

PLUL and WDCX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PLUL or WDCX?

On fees, PLUL 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, PLUL or WDCX?

PLUL is cheaper with a 0.75% expense ratio, compared with 1.49% for WDCX.

Which ETF pays a higher dividend yield, PLUL or WDCX?

PLUL and WDCX have nearly identical dividend yields, around 0.00%.

What is the main difference between PLUL and WDCX?

PLUL tracks Plug Power Inc. (PLUG), while WDCX tracks Western Digital Corporation (WDC). They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for PLUL and 1.49% for WDCX.