SATG vs. BEX

Last updated Jun 4, 2026

SATG (Leverage Shares 2X Long SATS Daily ETF) and BEX (Tradr 2X Long BE Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.03, they often move in opposite directions. SATG charges 0.75%/yr vs 1.30%/yr for BEX.

Performance

SATG vs. BEX - Performance Comparison

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

Returns By Period

SATG

• 1D: -4.52%
• 1M: -3.29%
• YTD: 1.45%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEX

• 1D: -10.37%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SATG vs. BEX - Yearly Performance Comparison

	2026 (YTD)
SATG Leverage Shares 2X Long SATS Daily ETF	-4.58%
BEX Tradr 2X Long BE Daily ETF	-11.47%

Correlation

The correlation between SATG and BEX is -0.03, 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 May 27, 2026	-0.03

Return for Risk

SATG vs. BEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SATS Daily ETF (SATG) and Tradr 2X Long BE Daily ETF (BEX). 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

	SATG	BEX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	-0.59	+0.81

Drawdowns

SATG vs. BEX - Drawdown Comparison

The maximum SATG drawdown since its inception was -39.11%, which is greater than BEX's maximum drawdown of -18.65%. Use the drawdown chart below to compare losses from any high point for SATG and BEX.

Drawdown Indicators

	SATG	BEX	Difference
Max Drawdown Largest peak-to-trough decline	-39.11%	-18.65%	-20.46%
Current Drawdown Current decline from peak	-29.28%	-11.47%	-17.81%
Average Drawdown Average peak-to-trough decline	-20.37%	-9.41%	-10.96%

Volatility

Volatility by Period

	SATG	BEX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	111.32%	184.67%	-73.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	111.32%	184.67%	-73.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	111.32%	184.67%	-73.35%

SATG vs. BEX - Expense Ratio Comparison

SATG has a 0.75% expense ratio, which is lower than BEX's 1.30% expense ratio.

Dividends

SATG vs. BEX - Dividend Comparison

Neither SATG nor BEX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SATG and BEX in my portfolio?

SATG and BEX have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SATG or BEX?

On fees, SATG 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, SATG or BEX?

SATG is cheaper with a 0.75% expense ratio, compared with 1.30% for BEX.

Which ETF pays a higher dividend yield, SATG or BEX?

SATG and BEX have nearly identical dividend yields, around 0.00%.

What is the main difference between SATG and BEX?

They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for SATG and 1.30% for BEX.