SBTU vs. BOEG

Last updated Jun 5, 2026

SBTU (T-Rex 2X Long SBET Daily Target ETF) and BOEG (Leverage Shares 2X Long BA Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.30 correlation, their price movements are largely independent. SBTU charges 1.50%/yr vs 0.75%/yr for BOEG.

Performance

SBTU vs. BOEG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long SBET Daily Target ETF (SBTU) and Leverage Shares 2X Long BA Daily ETF (BOEG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SBTU achieves a -70.50% return, which is significantly lower than BOEG's -8.79% return.

SBTU

• 1D: 8.06%
• 1M: -46.10%
• YTD: -70.50%
• 6M: -82.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BOEG

• 1D: 6.29%
• 1M: -8.00%
• YTD: -8.79%
• 6M: 4.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SBTU vs. BOEG - Yearly Performance Comparison

	2026 (YTD)	2025
SBTU T-Rex 2X Long SBET Daily Target ETF	-70.50%	-67.37%
BOEG Leverage Shares 2X Long BA Daily ETF	-8.79%	-4.82%

Correlation

The correlation between SBTU and BOEG is 0.30, 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 Oct 22, 2025	0.30

Return for Risk

SBTU vs. BOEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long SBET Daily Target ETF (SBTU) and Leverage Shares 2X Long BA Daily ETF (BOEG). 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

	SBTU	BOEG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.61	-0.04	-0.57

Drawdowns

SBTU vs. BOEG - Drawdown Comparison

The maximum SBTU drawdown since its inception was -91.09%, which is greater than BOEG's maximum drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for SBTU and BOEG.

Drawdown Indicators

	SBTU	BOEG	Difference
Max Drawdown Largest peak-to-trough decline	-91.09%	-46.47%	-44.62%
Current Drawdown Current decline from peak	-90.38%	-31.52%	-58.86%
Average Drawdown Average peak-to-trough decline	-68.68%	-19.11%	-49.57%

Volatility

Volatility by Period

	SBTU	BOEG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	161.42%	63.57%	+97.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	161.42%	63.57%	+97.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	161.42%	63.57%	+97.85%

SBTU vs. BOEG - Expense Ratio Comparison

SBTU has a 1.50% expense ratio, which is higher than BOEG's 0.75% expense ratio.

Dividends

SBTU vs. BOEG - Dividend Comparison

Neither SBTU nor BOEG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SBTU and BOEG in my portfolio?

SBTU and BOEG have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SBTU or BOEG?

On fees, BOEG 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, SBTU or BOEG?

BOEG is cheaper with a 0.75% expense ratio, compared with 1.50% for SBTU.

Which ETF pays a higher dividend yield, SBTU or BOEG?

SBTU and BOEG have nearly identical dividend yields, around 0.00%.

What is the main difference between SBTU and BOEG?

They also come from different issuers: Tuttle Capital Management and Leverage Shares. Their fees differ too: 1.50% for SBTU and 0.75% for BOEG.