SBU vs. TSLG

Last updated Jun 23, 2026

SBU (Leverage Shares 2X Long SBUX Daily ETF) and TSLG (Leverage Shares 2X Long TSLA Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.15 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

SBU vs. TSLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long SBUX Daily ETF (SBU) and Leverage Shares 2X Long TSLA Daily ETF (TSLG). 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 TSLG's -28.97% return.

SBU

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

TSLG

• 1D: 2.16%
• 1M: -11.85%
• YTD: -28.97%
• 6M: -40.18%
• 1Y: 14.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SBU vs. TSLG - Yearly Performance Comparison

	2026 (YTD)	2025
SBU Leverage Shares 2X Long SBUX Daily ETF	31.44%	-6.03%
TSLG Leverage Shares 2X Long TSLA Daily ETF	-28.97%	19.75%

Correlation

The correlation between SBU and TSLG is 0.15, 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	0.15

Return for Risk

SBU vs. TSLG — 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.

TSLG

TSLG Risk / Return Rank: 13
TSLG Sharpe Ratio Rank: 11
TSLG Sortino Ratio Rank: 16
TSLG Omega Ratio Rank: 15
TSLG Calmar Ratio Rank: 11
TSLG Martin Ratio Rank: 11

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. TSLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SBUX Daily ETF (SBU) and Leverage Shares 2X Long TSLA Daily ETF (TSLG). 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	TSLG	Difference
Sharpe ratio: Return per unit of total volatility	—	0.17	—
Sortino ratio: Return per unit of downside risk	—	0.88	—
Omega ratio: Gain probability vs. loss probability	—	1.10	—
Calmar ratio: Return relative to maximum drawdown	—	0.27	—
Martin ratio: Return relative to average drawdown	—	0.54	—

Drawdowns

SBU vs. TSLG - Drawdown Comparison

The maximum SBU drawdown since its inception was -28.10%, smaller than the maximum TSLG drawdown of -82.86%. Use the drawdown chart below to compare losses from any high point for SBU and TSLG.

Drawdown Indicators

	SBU	TSLG	Difference
Max Drawdown Largest peak-to-trough decline	-28.10%	-82.86%	+54.76%
Max Drawdown (1Y) Largest decline over 1 year	—	-54.61%	—
Current Drawdown Current decline from peak	-13.61%	-64.12%	+50.51%
Average Drawdown Average peak-to-trough decline	-7.36%	-58.75%	+51.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	27.52%	—

Volatility

Volatility by Period

	SBU	TSLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	26.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	59.40%	88.64%	-29.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.40%	114.81%	-55.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.40%	114.81%	-55.41%

SBU vs. TSLG - Expense Ratio Comparison

Both SBU and TSLG have an expense ratio of 0.75%.

Dividends

SBU vs. TSLG - Dividend Comparison

SBU has not paid dividends to shareholders, while TSLG's dividend yield for the trailing twelve months is around 9.22%.

Position	TTM	2025
SBU Leverage Shares 2X Long SBUX Daily ETF	0.00%	0.00%
TSLG Leverage Shares 2X Long TSLA Daily ETF	9.22%	6.55%

Frequently Asked Questions

Can I hold both SBU and TSLG in my portfolio?

SBU and TSLG have a correlation of 0.15, 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 TSLG?

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, SBU or TSLG?

SBU and TSLG have the same expense ratio: 0.75% per year.

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

TSLG has the higher dividend yield at 9.22%, compared with 0.00% for SBU.