SNAG vs. WDCX

Last updated Jun 26, 2026

SNAG (Leverage Shares 2X Long SNAP Daily ETF) and WDCX (Tradr 2X Long WDC Daily ETF) are both Leveraged Equities funds - SNAG tracks the Snap Inc. (SNAP) while WDCX tracks the Western Digital Corporation (WDC). Both are passively managed. At a 0.13 correlation, their price movements are largely independent. SNAG charges 0.75%/yr vs 1.49%/yr for WDCX.

Performance

SNAG vs. WDCX - 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 WDC Daily ETF (WDCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SNAG

• 1D: -7.19%
• 1M: -45.23%
• YTD: -77.30%
• 6M: -76.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WDCX

• 1D: 9.99%
• 1M: 52.89%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SNAG vs. WDCX - Yearly Performance Comparison

	2026 (YTD)
SNAG Leverage Shares 2X Long SNAP Daily ETF	-73.90%
WDCX Tradr 2X Long WDC Daily ETF	466.68%

Correlation

The correlation between SNAG and WDCX is 0.13, 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 Jan 27, 2026	0.13

Return for Risk

SNAG vs. WDCX - 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 WDC Daily ETF (WDCX). 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. WDCX - Drawdown Comparison

The maximum SNAG drawdown since its inception was -81.94%, which is greater than WDCX's maximum drawdown of -38.58%. Use the drawdown chart below to compare losses from any high point for SNAG and WDCX.

Drawdown Indicators

	SNAG	WDCX	Difference
Max Drawdown Largest peak-to-trough decline	-81.94%	-38.58%	-43.36%
Current Drawdown Current decline from peak	-80.76%	-19.40%	-61.36%
Average Drawdown Average peak-to-trough decline	-56.10%	-10.35%	-45.75%

Volatility

Volatility by Period

	SNAG	WDCX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	122.44%	160.29%	-37.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	122.44%	160.29%	-37.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	122.44%	160.29%	-37.85%

SNAG vs. WDCX - Expense Ratio Comparison

SNAG has a 0.75% expense ratio, which is lower than WDCX's 1.49% expense ratio.

Dividends

SNAG vs. WDCX - Dividend Comparison

Neither SNAG nor WDCX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SNAG and WDCX in my portfolio?

SNAG and WDCX have a correlation of 0.13, 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 WDCX?

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 WDCX?

SNAG is cheaper with a 0.75% expense ratio, compared with 1.49% for WDCX.

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

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

What is the main difference between SNAG and WDCX?

SNAG tracks Snap Inc. (SNAP), while WDCX tracks Western Digital Corporation (WDC). They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for SNAG and 1.49% for WDCX.