SMU vs. COIG
SMU (Tradr 2X Long SMR Daily ETF) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.52 correlation means they provide meaningful diversification when combined. SMU charges 1.30%/yr vs 0.75%/yr for COIG.
Performance
SMU vs. COIG - Performance Comparison
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Returns By Period
In the year-to-date period, SMU achieves a -57.47% return, which is significantly higher than COIG's -61.94% return.
SMU
- 1D
- -5.18%
- 1M
- -9.35%
- YTD
- -57.47%
- 6M
- -84.80%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COIG
- 1D
- -0.23%
- 1M
- -34.67%
- YTD
- -61.94%
- 6M
- -74.70%
- 1Y
- -78.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SMU vs. COIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SMU Tradr 2X Long SMR Daily ETF | -57.47% | -92.36% |
COIG Leverage Shares 2X Long COIN Daily ETF | -61.94% | -73.69% |
Correlation
The correlation between SMU and COIG is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025 | 0.52 |
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Return for Risk
SMU vs. COIG — Risk / Return Rank
SMU
COIG
SMU vs. COIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long SMR Daily ETF (SMU) and Leverage Shares 2X Long COIN Daily ETF (COIG). 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.
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Sharpe Ratios by Period
| SMU | COIG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.48 | -0.40 | -0.08 |
Drawdowns
SMU vs. COIG - Drawdown Comparison
The maximum SMU drawdown since its inception was -98.68%, which is greater than COIG's maximum drawdown of -92.06%. Use the drawdown chart below to compare losses from any high point for SMU and COIG.
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Drawdown Indicators
| SMU | COIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.68% | -92.06% | -6.62% |
Max Drawdown (1Y)Largest decline over 1 year | — | -92.06% | — |
Current DrawdownCurrent decline from peak | -98.20% | -91.44% | -6.76% |
Average DrawdownAverage peak-to-trough decline | -75.98% | -51.83% | -24.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 66.13% | — |
Volatility
SMU vs. COIG - Volatility Comparison
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Volatility by Period
| SMU | COIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 37.76% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 100.15% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 203.70% | 138.95% | +64.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 203.70% | 146.21% | +57.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 203.70% | 146.21% | +57.49% |
SMU vs. COIG - Expense Ratio Comparison
SMU has a 1.30% expense ratio, which is higher than COIG's 0.75% expense ratio.
Dividends
SMU vs. COIG - Dividend Comparison
Neither SMU nor COIG has paid dividends to shareholders.
Frequently Asked Questions
SMU and COIG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COIG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COIG is cheaper with a 0.75% expense ratio, compared with 1.30% for SMU.
SMU and COIG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for SMU and 0.75% for COIG.
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