SNAG vs. UECG

Last updated Jun 23, 2026

SNAG (Leverage Shares 2X Long SNAP Daily ETF) and UECG (Leverage Shares 2X Long UEC Daily ETF) are both Leveraged Equities funds from Leverage Shares - SNAG tracks the Snap Inc. (SNAP) while UECG tracks the Uranium Energy Corp. (UEC). Both are passively managed. At a 0.28 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

SNAG vs. UECG - Performance Comparison

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

Returns By Period

SNAG

• 1D: -1.76%
• 1M: -37.19%
• YTD: -74.25%
• 6M: -73.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UECG

• 1D: -7.21%
• 1M: -31.03%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SNAG vs. UECG - Yearly Performance Comparison

	2026 (YTD)
SNAG Leverage Shares 2X Long SNAP Daily ETF	-33.90%
UECG Leverage Shares 2X Long UEC Daily ETF	-67.38%

Correlation

The correlation between SNAG and UECG is 0.28, 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 10, 2026	0.28

Return for Risk

SNAG vs. UECG - 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 UEC Daily ETF (UECG). 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.

Drawdowns

SNAG vs. UECG - Drawdown Comparison

The maximum SNAG drawdown since its inception was -81.94%, which is greater than UECG's maximum drawdown of -77.37%. Use the drawdown chart below to compare losses from any high point for SNAG and UECG.

Drawdown Indicators

	SNAG	UECG	Difference
Max Drawdown Largest peak-to-trough decline	-81.94%	-77.37%	-4.57%
Current Drawdown Current decline from peak	-78.17%	-67.38%	-10.79%
Average Drawdown Average peak-to-trough decline	-55.54%	-38.97%	-16.57%

Volatility

Volatility by Period

	SNAG	UECG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	123.04%	167.96%	-44.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	123.04%	167.96%	-44.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	123.04%	167.96%	-44.92%

SNAG vs. UECG - Expense Ratio Comparison

Both SNAG and UECG have an expense ratio of 0.75%.

Dividends

SNAG vs. UECG - Dividend Comparison

Neither SNAG nor UECG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SNAG and UECG in my portfolio?

SNAG and UECG have a correlation of 0.28, 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 UECG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SNAG or UECG?

SNAG and UECG have the same expense ratio: 0.75% per year.

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

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

What is the main difference between SNAG and UECG?

SNAG tracks Snap Inc. (SNAP), while UECG tracks Uranium Energy Corp. (UEC).