SNXX vs. NEMG

Last updated Jul 14, 2026

SNXX (Tradr 2X Long SNDK Daily ETF) and NEMG (Leverage Shares 2x Long NEM Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. SNXX charges 1.49%/yr vs 0.75%/yr for NEMG.

Performance

SNXX vs. NEMG - Performance Comparison

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

Returns By Period

SNXX

• 1D: -25.16%
• 1M: -41.21%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NEMG

• 1D: -4.55%
• 1M: -15.30%
• 6M: -43.92%
• YTD: -28.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SNXX vs. NEMG - Yearly Performance Comparison

	2026 (YTD)
SNXX Tradr 2X Long SNDK Daily ETF	539.76%
NEMG Leverage Shares 2x Long NEM Daily ETF	-54.45%

Correlation

The correlation between SNXX and NEMG is 0.24, 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	0.24

Return for Risk

SNXX vs. NEMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long SNDK Daily ETF (SNXX) and Leverage Shares 2x Long NEM Daily ETF (NEMG). 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

SNXX vs. NEMG - Drawdown Comparison

The maximum SNXX drawdown since its inception was -56.01%, roughly equal to the maximum NEMG drawdown of -58.31%. Use the drawdown chart below to compare losses from any high point for SNXX and NEMG.

Drawdown Indicators

	SNXX	NEMG	Difference
Max Drawdown Largest peak-to-trough decline	-56.01%	-58.31%	+2.30%
Current Drawdown Current decline from peak	-54.62%	-58.31%	+3.69%
Average Drawdown Average peak-to-trough decline	-17.15%	-25.88%	+8.73%

Volatility

Volatility by Period

	SNXX	NEMG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	219.36%	100.38%	+118.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	219.36%	100.38%	+118.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	219.36%	100.38%	+118.98%

SNXX vs. NEMG - Expense Ratio Comparison

SNXX has a 1.49% expense ratio, which is higher than NEMG's 0.75% expense ratio.

Dividends

SNXX vs. NEMG - Dividend Comparison

Neither SNXX nor NEMG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SNXX and NEMG in my portfolio?

SNXX and NEMG have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SNXX or NEMG?

On fees, NEMG 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, SNXX or NEMG?

NEMG is cheaper with a 0.75% expense ratio, compared with 1.49% for SNXX.

Which ETF pays a higher dividend yield, SNXX or NEMG?

SNXX and NEMG have nearly identical dividend yields, around 0.00%.

What is the main difference between SNXX and NEMG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.49% for SNXX and 0.75% for NEMG.