SATG vs. GRAG

Last updated Jun 4, 2026

SATG (Leverage Shares 2X Long SATS Daily ETF) and GRAG (Leverage Shares 2X Long GRAB Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.27 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

SATG vs. GRAG - Performance Comparison

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

Returns By Period

In the year-to-date period, SATG achieves a 1.45% return, which is significantly higher than GRAG's -58.07% return.

SATG

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

GRAG

• 1D: -9.91%
• 1M: -12.45%
• YTD: -58.07%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SATG vs. GRAG - Yearly Performance Comparison

	2026 (YTD)	2025
SATG Leverage Shares 2X Long SATS Daily ETF	1.45%	8.74%
GRAG Leverage Shares 2X Long GRAB Daily ETF	-58.07%	0.68%

Correlation

The correlation between SATG and GRAG is 0.27, 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 Dec 17, 2025	0.27

Return for Risk

SATG vs. GRAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SATS Daily ETF (SATG) and Leverage Shares 2X Long GRAB Daily ETF (GRAG). 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	GRAG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	-1.25	+1.47

Drawdowns

SATG vs. GRAG - Drawdown Comparison

The maximum SATG drawdown since its inception was -39.11%, smaller than the maximum GRAG drawdown of -62.22%. Use the drawdown chart below to compare losses from any high point for SATG and GRAG.

Drawdown Indicators

	SATG	GRAG	Difference
Max Drawdown Largest peak-to-trough decline	-39.11%	-62.22%	+23.11%
Current Drawdown Current decline from peak	-29.28%	-62.22%	+32.94%
Average Drawdown Average peak-to-trough decline	-20.37%	-39.65%	+19.28%

Volatility

Volatility by Period

	SATG	GRAG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	111.32%	69.83%	+41.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	111.32%	69.83%	+41.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	111.32%	69.83%	+41.49%

SATG vs. GRAG - Expense Ratio Comparison

Both SATG and GRAG have an expense ratio of 0.75%.

Dividends

SATG vs. GRAG - Dividend Comparison

Neither SATG nor GRAG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SATG and GRAG in my portfolio?

SATG and GRAG have a correlation of 0.27, 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 GRAG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SATG or GRAG?

SATG and GRAG have the same expense ratio: 0.75% per year.

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

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