QUBX vs. CMGG
QUBX (Tradr 2X Long QUBT Daily ETF) and CMGG (Leverage Shares 2X Long CMG Daily ETF) are both Leveraged Equities funds. At a 0.10 correlation, their price movements are largely independent. QUBX charges 1.30%/yr vs 0.75%/yr for CMGG.
Performance
QUBX vs. CMGG - Performance Comparison
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Returns By Period
In the year-to-date period, QUBX achieves a -66.67% return, which is significantly lower than CMGG's -23.58% return.
QUBX
- 1D
- -6.06%
- 1M
- -51.82%
- 6M
- -76.81%
- YTD
- -66.67%
- 1Y
- -93.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CMGG
- 1D
- -9.86%
- 1M
- 9.25%
- 6M
- -35.95%
- YTD
- -23.58%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QUBX vs. CMGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QUBX Tradr 2X Long QUBT Daily ETF | -66.67% | -19.00% |
CMGG Leverage Shares 2X Long CMG Daily ETF | -23.58% | 36.20% |
Correlation
The correlation between QUBX and CMGG is 0.10, 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 Nov 17, 2025 | 0.10 |
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Return for Risk
QUBX vs. CMGG — Risk / Return Rank
QUBX
CMGG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QUBX vs. CMGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long QUBT Daily ETF (QUBX) and Leverage Shares 2X Long CMG Daily ETF (CMGG). 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.
| QUBX | CMGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.93 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.98 | — | — |
| Martin ratioReturn relative to average drawdown | -1.20 | — | — |
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Drawdowns
QUBX vs. CMGG - Drawdown Comparison
The maximum QUBX drawdown since its inception was -96.40%, which is greater than CMGG's maximum drawdown of -56.75%. Use the drawdown chart below to compare losses from any high point for QUBX and CMGG.
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Drawdown Indicators
| QUBX | CMGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.40% | -56.75% | -39.65% |
Max Drawdown (1Y)Largest decline over 1 year | -96.40% | — | — |
Current DrawdownCurrent decline from peak | -95.95% | -36.63% | -59.32% |
Average DrawdownAverage peak-to-trough decline | -72.03% | -24.64% | -47.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 77.94% | — | — |
Volatility
QUBX vs. CMGG - Volatility Comparison
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Volatility by Period
| QUBX | CMGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 52.86% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 133.27% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 199.16% | 70.97% | +128.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 198.46% | 70.97% | +127.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 198.46% | 70.97% | +127.49% |
QUBX vs. CMGG - Expense Ratio Comparison
QUBX has a 1.30% expense ratio, which is higher than CMGG's 0.75% expense ratio.
Dividends
QUBX vs. CMGG - Dividend Comparison
Neither QUBX nor CMGG has paid dividends to shareholders.
Frequently Asked Questions
QUBX and CMGG have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CMGG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CMGG is cheaper with a 0.75% expense ratio, compared with 1.30% for QUBX.
QUBX and CMGG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for QUBX and 0.75% for CMGG.
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