SNAG vs. AXPG
SNAG (Leverage Shares 2X Long SNAP Daily ETF) and AXPG (Leverage Shares 2X Long AXP Daily ETF) are both Leveraged Equities funds from Leverage Shares - SNAG tracks the Snap Inc. (SNAP) while AXPG tracks the American Express Company (AXP). Both are passively managed. At a 0.40 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
SNAG vs. AXPG - Performance Comparison
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Returns By Period
SNAG
- 1D
- 0.37%
- 1M
- -23.68%
- 6M
- -74.71%
- YTD
- -74.12%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AXPG
- 1D
- 2.41%
- 1M
- 14.90%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SNAG vs. AXPG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
SNAG Leverage Shares 2X Long SNAP Daily ETF | -24.07% |
AXPG Leverage Shares 2X Long AXP Daily ETF | -3.19% |
Correlation
The correlation between SNAG and AXPG is 0.40, 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 Feb 19, 2026 | 0.40 |
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Return for Risk
SNAG vs. AXPG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SNAP Daily ETF (SNAG) and Leverage Shares 2X Long AXP Daily ETF (AXPG). 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.
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Drawdowns
SNAG vs. AXPG - Drawdown Comparison
The maximum SNAG drawdown since its inception was -81.94%, which is greater than AXPG's maximum drawdown of -30.54%. Use the drawdown chart below to compare losses from any high point for SNAG and AXPG.
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Drawdown Indicators
| SNAG | AXPG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.94% | -30.54% | -51.40% |
Current DrawdownCurrent decline from peak | -78.06% | -4.72% | -73.34% |
Average DrawdownAverage peak-to-trough decline | -57.72% | -18.54% | -39.18% |
Volatility
SNAG vs. AXPG - Volatility Comparison
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Volatility by Period
| SNAG | AXPG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 120.09% | 59.66% | +60.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 120.09% | 59.66% | +60.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 120.09% | 59.66% | +60.43% |
SNAG vs. AXPG - Expense Ratio Comparison
Both SNAG and AXPG have an expense ratio of 0.75%.
Dividends
SNAG vs. AXPG - Dividend Comparison
Neither SNAG nor AXPG has paid dividends to shareholders.
Frequently Asked Questions
SNAG and AXPG have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SNAG and AXPG have the same expense ratio: 0.75% per year.
SNAG and AXPG have nearly identical dividend yields, around 0.00%.
SNAG tracks Snap Inc. (SNAP), while AXPG tracks American Express Company (AXP).
Find the right allocation for SNAG and AXPG
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