SBU vs. LMNX
SBU (Leverage Shares 2X Long SBUX Daily ETF) and LMNX (Defiance Daily Target 2X Long LMND ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.16 correlation, their price movements are largely independent. SBU charges 0.75%/yr vs 1.31%/yr for LMNX.
Performance
SBU vs. LMNX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SBU achieves a 49.57% return, which is significantly higher than LMNX's -37.09% return.
SBU
- 1D
- 2.36%
- 1M
- 7.43%
- 6M
- 32.11%
- YTD
- 49.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LMNX
- 1D
- 0.55%
- 1M
- 42.08%
- 6M
- -56.60%
- YTD
- -37.09%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SBU vs. LMNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SBU Leverage Shares 2X Long SBUX Daily ETF | 49.57% | -6.03% |
LMNX Defiance Daily Target 2X Long LMND ETF | -37.09% | -5.23% |
Correlation
The correlation between SBU and LMNX is 0.16, 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 | 0.16 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SBU vs. LMNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SBUX Daily ETF (SBU) and Defiance Daily Target 2X Long LMND ETF (LMNX). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Drawdowns
SBU vs. LMNX - Drawdown Comparison
The maximum SBU drawdown since its inception was -28.10%, smaller than the maximum LMNX drawdown of -79.62%. Use the drawdown chart below to compare losses from any high point for SBU and LMNX.
Loading charts...
Drawdown Indicators
| SBU | LMNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.10% | -79.62% | +51.52% |
Current DrawdownCurrent decline from peak | -1.69% | -63.94% | +62.25% |
Average DrawdownAverage peak-to-trough decline | -7.35% | -45.18% | +37.83% |
Volatility
SBU vs. LMNX - Volatility Comparison
Loading charts...
Volatility by Period
| SBU | LMNX | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 58.13% | 168.78% | -110.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.13% | 168.78% | -110.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.13% | 168.78% | -110.65% |
SBU vs. LMNX - Expense Ratio Comparison
SBU has a 0.75% expense ratio, which is lower than LMNX's 1.31% expense ratio.
Dividends
SBU vs. LMNX - Dividend Comparison
Neither SBU nor LMNX has paid dividends to shareholders.
Frequently Asked Questions
SBU and LMNX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SBU is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SBU is cheaper with a 0.75% expense ratio, compared with 1.31% for LMNX.
SBU and LMNX have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Leverage Shares and Defiance ETFs. Their fees differ too: 0.75% for SBU and 1.31% for LMNX.
Find the right allocation for SBU and LMNX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer