SCDL vs. FUTG

Last updated Jun 4, 2026

SCDL (ETRACS 2x Leveraged U.S. Dividend Factor TR ETN) and FUTG (Leverage Shares 2X Long FUTU Daily ETF) are both Leveraged Equities funds. SCDL is passively managed, while FUTG is actively managed. At a correlation of -0.01, they often move in opposite directions. SCDL charges 0.95%/yr vs 0.75%/yr for FUTG.

Performance

SCDL vs. FUTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCDL achieves a 37.06% return, which is significantly higher than FUTG's -75.53% return.

SCDL

• 1D: 0.51%
• 1M: 5.01%
• YTD: 37.06%
• 6M: 35.80%
• 1Y: 50.97%
• 3Y*: 22.79%
• 5Y*: 9.40%
• 10Y*: —

FUTG

• 1D: -11.10%
• 1M: -70.24%
• YTD: -75.53%
• 6M: -77.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCDL vs. FUTG - Yearly Performance Comparison

	2026 (YTD)	2025
SCDL ETRACS 2x Leveraged U.S. Dividend Factor TR ETN	37.06%	5.31%
FUTG Leverage Shares 2X Long FUTU Daily ETF	-75.53%	-0.80%

Correlation

The correlation between SCDL and FUTG is -0.01, 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 Oct 15, 2025	-0.01

Return for Risk

SCDL vs. FUTG — Risk / Return Rank

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

SCDL

SCDL Risk / Return Rank: 73
SCDL Sharpe Ratio Rank: 73
SCDL Sortino Ratio Rank: 75
SCDL Omega Ratio Rank: 64
SCDL Calmar Ratio Rank: 87
SCDL Martin Ratio Rank: 68

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.

SCDL vs. FUTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). 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.

	SCDL	FUTG	Difference
Sharpe ratio: Return per unit of total volatility	2.37	—	—
Sortino ratio: Return per unit of downside risk	3.41	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	5.03	—	—
Martin ratio: Return relative to average drawdown	12.65	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SCDL	FUTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	-0.66	+1.19

Drawdowns

SCDL vs. FUTG - Drawdown Comparison

The maximum SCDL drawdown since its inception was -34.87%, smaller than the maximum FUTG drawdown of -86.19%. Use the drawdown chart below to compare losses from any high point for SCDL and FUTG.

Drawdown Indicators

	SCDL	FUTG	Difference
Max Drawdown Largest peak-to-trough decline	-34.87%	-86.19%	+51.32%
Max Drawdown (1Y) Largest decline over 1 year	-10.19%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-32.79%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.87%	—	—
Current Drawdown Current decline from peak	-2.79%	-84.29%	+81.50%
Average Drawdown Average peak-to-trough decline	-11.96%	-40.35%	+28.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.04%	—	—

Volatility

Volatility by Period

	SCDL	FUTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.66%	136.01%	-114.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.02%	136.01%	-106.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.89%	136.01%	-107.12%

SCDL vs. FUTG - Expense Ratio Comparison

SCDL has a 0.95% expense ratio, which is higher than FUTG's 0.75% expense ratio.

Dividends

SCDL vs. FUTG - Dividend Comparison

Neither SCDL nor FUTG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SCDL and FUTG in my portfolio?

SCDL and FUTG have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCDL or FUTG?

On fees, FUTG 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, SCDL or FUTG?

FUTG is cheaper with a 0.75% expense ratio, compared with 0.95% for SCDL.

Which ETF pays a higher dividend yield, SCDL or FUTG?

SCDL and FUTG have nearly identical dividend yields, around 0.00%.

What is the main difference between SCDL and FUTG?

They also come from different issuers: UBS and Leverage Shares. Their fees differ too: 0.95% for SCDL and 0.75% for FUTG.