SBU vs. BRLN

Last updated Jun 23, 2026

SBU (Leverage Shares 2X Long SBUX Daily ETF) and BRLN (BlackRock Floating Rate Loan ETF) are both exchange-traded funds - SBU is a Leveraged Equities fund actively managed by Leverage Shares, while BRLN is a Bank Loan fund actively managed by BlackRock. Both are actively managed. At a correlation of -0.06, they often move in opposite directions. SBU charges 0.75%/yr vs 0.55%/yr for BRLN.

Performance

SBU vs. BRLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long SBUX Daily ETF (SBU) and BlackRock Floating Rate Loan ETF (BRLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SBU achieves a 31.44% return, which is significantly higher than BRLN's 1.57% return.

SBU

• 1D: -1.42%
• 1M: -6.65%
• YTD: 31.44%
• 6M: 25.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BRLN

• 1D: -0.28%
• 1M: 0.92%
• YTD: 1.57%
• 6M: 2.07%
• 1Y: 5.30%
• 3Y*: 7.01%
• 5Y*: —
• 10Y*: —

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

SBU vs. BRLN - Yearly Performance Comparison

	2026 (YTD)	2025
SBU Leverage Shares 2X Long SBUX Daily ETF	31.44%	-6.03%
BRLN BlackRock Floating Rate Loan ETF	1.57%	1.03%

Correlation

The correlation between SBU and BRLN is -0.06, 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 Nov 17, 2025	-0.06

Return for Risk

SBU vs. BRLN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SBU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BRLN

BRLN Risk / Return Rank: 55
BRLN Sharpe Ratio Rank: 51
BRLN Sortino Ratio Rank: 55
BRLN Omega Ratio Rank: 54
BRLN Calmar Ratio Rank: 55
BRLN Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SBU vs. BRLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SBUX Daily ETF (SBU) and BlackRock Floating Rate Loan ETF (BRLN). 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.

	SBU	BRLN	Difference
Sharpe ratio: Return per unit of total volatility	—	1.68	—
Sortino ratio: Return per unit of downside risk	—	2.57	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	2.66	—
Martin ratio: Return relative to average drawdown	—	10.20	—

Drawdowns

SBU vs. BRLN - Drawdown Comparison

The maximum SBU drawdown since its inception was -28.10%, which is greater than BRLN's maximum drawdown of -3.85%. Use the drawdown chart below to compare losses from any high point for SBU and BRLN.

Drawdown Indicators

	SBU	BRLN	Difference
Max Drawdown Largest peak-to-trough decline	-28.10%	-3.85%	-24.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.00%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.85%	—
Current Drawdown Current decline from peak	-13.61%	-0.28%	-13.33%
Average Drawdown Average peak-to-trough decline	-7.36%	-0.32%	-7.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.52%	—

Volatility

Volatility by Period

	SBU	BRLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	59.40%	3.17%	+56.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.40%	3.75%	+55.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.40%	3.75%	+55.65%

SBU vs. BRLN - Expense Ratio Comparison

SBU has a 0.75% expense ratio, which is higher than BRLN's 0.55% expense ratio.

Dividends

SBU vs. BRLN - Dividend Comparison

SBU has not paid dividends to shareholders, while BRLN's dividend yield for the trailing twelve months is around 6.34%.

Position	TTM	2025	2024	2023	2022
BRLN BlackRock Floating Rate Loan ETF	6.34%	6.50%	7.87%	9.06%	1.48%
SBU Leverage Shares 2X Long SBUX Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SBU and BRLN in my portfolio?

SBU and BRLN have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SBU or BRLN?

On fees, BRLN is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SBU or BRLN?

BRLN is cheaper with a 0.55% expense ratio, compared with 0.75% for SBU.

Which ETF pays a higher dividend yield, SBU or BRLN?

BRLN has the higher dividend yield at 6.34%, compared with 0.00% for SBU.

What is the main difference between SBU and BRLN?

SBU is categorized as Leveraged Equities, while BRLN is Bank Loan. They also come from different issuers: Leverage Shares and BlackRock. Their fees differ too: 0.75% for SBU and 0.55% for BRLN.