SNAG vs. BMNG
SNAG (Leverage Shares 2X Long SNAP Daily ETF) and BMNG (Leverage Shares 2X Long BMNR Daily ETF) are both Leveraged Equities funds from Leverage Shares. SNAG is passively managed, while BMNG is actively managed. At a 0.38 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
SNAG vs. BMNG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNAG achieves a -74.25% return, which is significantly higher than BMNG's -79.32% return.
SNAG
- 1D
- -1.76%
- 1M
- -37.19%
- YTD
- -74.25%
- 6M
- -73.58%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BMNG
- 1D
- -4.36%
- 1M
- -34.35%
- YTD
- -79.32%
- 6M
- -84.46%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SNAG vs. BMNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SNAG Leverage Shares 2X Long SNAP Daily ETF | -74.25% | 9.86% |
BMNG Leverage Shares 2X Long BMNR Daily ETF | -79.32% | -16.32% |
Correlation
The correlation between SNAG and BMNG is 0.38, 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 Dec 18, 2025 | 0.38 |
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
SNAG vs. BMNG - 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 BMNR Daily ETF (BMNG). 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
SNAG vs. BMNG - Drawdown Comparison
The maximum SNAG drawdown since its inception was -81.94%, smaller than the maximum BMNG drawdown of -96.19%. Use the drawdown chart below to compare losses from any high point for SNAG and BMNG.
Loading charts...
Drawdown Indicators
| SNAG | BMNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.94% | -96.19% | +14.25% |
Current DrawdownCurrent decline from peak | -78.17% | -96.15% | +17.98% |
Average DrawdownAverage peak-to-trough decline | -55.54% | -81.95% | +26.41% |
Volatility
SNAG vs. BMNG - Volatility Comparison
Loading charts...
Volatility by Period
| SNAG | BMNG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 123.04% | 189.65% | -66.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 123.04% | 189.65% | -66.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 123.04% | 189.65% | -66.61% |
SNAG vs. BMNG - Expense Ratio Comparison
Both SNAG and BMNG have an expense ratio of 0.75%.
Dividends
SNAG vs. BMNG - Dividend Comparison
Neither SNAG nor BMNG has paid dividends to shareholders.
Frequently Asked Questions
SNAG and BMNG have a correlation of 0.38, 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 BMNG have the same expense ratio: 0.75% per year.
SNAG and BMNG have nearly identical dividend yields, around 0.00%.
Find the right allocation for SNAG and BMNG
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