PYPU vs. BIDG

Last updated Jul 21, 2026

PYPU (Direxion Daily PYPL Bull 2X Shares) and BIDG (Leverage Shares 2X Long BIDU Daily ETF) are both Leveraged Equities funds. PYPU is actively managed, while BIDG is passively managed. At a 0.09 correlation, their price movements are largely independent.

Performance

PYPU vs. BIDG - Performance Comparison

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

Returns By Period

PYPU

• 1D: 1.00%
• 1M: 71.95%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BIDG

• 1D: 4.50%
• 1M: -6.44%
• 6M: -54.62%
• YTD: -42.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

PYPU vs. BIDG - Yearly Performance Comparison

	2026 (YTD)
PYPU Direxion Daily PYPL Bull 2X Shares	46.88%
BIDG Leverage Shares 2X Long BIDU Daily ETF	-15.86%

Correlation

The correlation between PYPU and BIDG 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

PYPU vs. BIDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily PYPL Bull 2X Shares (PYPU) and Leverage Shares 2X Long BIDU Daily ETF (BIDG). 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

PYPU vs. BIDG - Drawdown Comparison

The maximum PYPU drawdown since its inception was -38.65%, smaller than the maximum BIDG drawdown of -64.84%. Use the drawdown chart below to compare losses from any high point for PYPU and BIDG.

Drawdown Indicators

	PYPU	BIDG	Difference
Max Drawdown Largest peak-to-trough decline	-38.65%	-64.84%	+26.19%
Current Drawdown Current decline from peak	0.00%	-61.65%	+61.65%
Average Drawdown Average peak-to-trough decline	-18.12%	-37.45%	+19.33%

Volatility

Volatility by Period

	PYPU	BIDG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	88.06%	103.25%	-15.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.06%	103.25%	-15.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.06%	103.25%	-15.19%

Dividends

PYPU vs. BIDG - Dividend Comparison

PYPU's dividend yield for the trailing twelve months is around 0.45%, while BIDG has not paid dividends to shareholders.

Position	TTM
BIDG Leverage Shares 2X Long BIDU Daily ETF	0.00%
PYPU Direxion Daily PYPL Bull 2X Shares	0.45%

Frequently Asked Questions

Can I hold both PYPU and BIDG in my portfolio?

PYPU and BIDG 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 pays a higher dividend yield, PYPU or BIDG?

PYPU has the higher dividend yield at 0.45%, compared with 0.00% for BIDG.

What is the main difference between PYPU and BIDG?

They also come from different issuers: Direxion and Leverage Shares.