SNAG vs. CEGX

Last updated Aug 1, 2026

SNAG (Leverage Shares 2X Long SNAP Daily ETF) and CEGX (Tradr 2X Long CEG Daily ETF) are both Leveraged Equities funds. SNAG is passively managed, while CEGX is actively managed. Their 0.09 correlation means their historical movements had little consistent relationship. SNAG charges 0.75%/yr vs 1.30%/yr for CEGX.

Performance

SNAG vs. CEGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long SNAP Daily ETF (SNAG) and Tradr 2X Long CEG Daily ETF (CEGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNAG achieves a -74.30% return, which is significantly lower than CEGX's -54.27% return.

SNAG

• 1D: 0.77%
• 1M: -6.80%
• 6M: -64.14%
• YTD: -74.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

CEGX

• 1D: -0.16%
• 1M: 18.98%
• 6M: -24.94%
• YTD: -54.27%
• 1Y: -56.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -46.40%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CEGX Tradr 2X Long CEG Daily ETF	$1.18M	$1.36M	$2.92M
SNAG Leverage Shares 2X Long SNAP Daily ETF	$221.93K	$169.86K	$336.10K

SNAG vs. CEGX - Yearly Performance Comparison

	2026 (YTD)	2025
SNAG Leverage Shares 2X Long SNAP Daily ETF	-74.30%	9.86%
CEGX Tradr 2X Long CEG Daily ETF	-54.27%	6.27%

Correlation

The correlation between SNAG and CEGX is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025	0.09

Return for Risk

SNAG vs. CEGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SNAG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

CEGX

CEGX Risk / Return Rank: 4
CEGX Sharpe Ratio Rank: 4
CEGX Sortino Ratio Rank: 5
CEGX Omega Ratio Rank: 5
CEGX Calmar Ratio Rank: 3
CEGX Martin Ratio Rank: 2

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SNAG vs. CEGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SNAP Daily ETF (SNAG) and Tradr 2X Long CEG Daily ETF (CEGX). 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.

	SNAG	CEGX	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.62	—
Sortino ratio: Return per unit of downside risk	—	-0.64	—
Omega ratio: Gain probability vs. loss probability	—	0.93	—
Calmar ratio: Return relative to maximum drawdown	—	-0.80	—
Martin ratio: Return relative to average drawdown	—	-1.28	—

Drawdowns

SNAG vs. CEGX - Drawdown Comparison

The maximum SNAG drawdown since its inception was -81.94%, which is greater than CEGX's maximum drawdown of -72.88%. Use the drawdown chart below to compare losses from any high point for SNAG and CEGX.

Drawdown Indicators

	SNAG	CEGX	Difference
Max Drawdown Largest peak-to-trough decline	-81.94%	-72.88%	-9.06%
Max Drawdown (1Y) Largest decline over 1 year	—	-72.88%	—
Current Drawdown Current decline from peak	-78.21%	-67.12%	-11.09%
Average Drawdown Average peak-to-trough decline	-59.79%	-38.26%	-21.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	45.51%	—

Volatility

Volatility by Period

	SNAG	CEGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	19.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	68.78%	—
Volatility (1Y) Calculated over the trailing 1-year period	116.18%	93.47%	+22.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	116.18%	92.59%	+23.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	116.18%	92.59%	+23.59%

SNAG vs. CEGX - Expense Ratio Comparison

SNAG has a 0.75% expense ratio, which is lower than CEGX's 1.30% expense ratio.

Dividends

SNAG vs. CEGX - Dividend Comparison

Neither SNAG nor CEGX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SNAG and CEGX in my portfolio?

SNAG and CEGX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SNAG or CEGX?

On fees, SNAG 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, SNAG or CEGX?

SNAG is cheaper with a 0.75% expense ratio, compared with 1.30% for CEGX.

Which ETF pays a higher dividend yield, SNAG or CEGX?

SNAG and CEGX have nearly identical dividend yields, around 0.00%.

What is the main difference between SNAG and CEGX?

They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for SNAG and 1.30% for CEGX.