SPOG vs. ISMF
SPOG (Leverage Shares 2X Long SPOT Daily ETF) and ISMF (iShares Managed Futures Active ETF) are both exchange-traded funds - SPOG is a Leveraged Equities fund actively managed by Leverage Shares, while ISMF is a Systematic Trend fund actively managed by iShares. Both are actively managed. Their -0.14 correlation means they have often moved in opposite directions in the past. SPOG charges 0.75%/yr vs 0.80%/yr for ISMF.
Performance
SPOG vs. ISMF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPOG achieves a -44.19% return, which is significantly lower than ISMF's 5.67% return.
SPOG
- 1D
- -6.14%
- 1M
- -1.56%
- 6M
- -25.53%
- YTD
- -44.19%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ISMF
- 1D
- -1.14%
- 1M
- -0.01%
- 6M
- 2.90%
- YTD
- 5.67%
- 1Y
- 19.08%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $221.81K | $193.92K | $236.81K | |
| $182.54K | $193.71K | $395.29K |
SPOG vs. ISMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SPOG Leverage Shares 2X Long SPOT Daily ETF | -44.19% | -18.73% |
ISMF iShares Managed Futures Active ETF | 5.67% | 3.04% |
Correlation
The correlation between SPOG and ISMF is -0.14, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | -0.14 |
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
SPOG vs. ISMF — Risk / Return Rank
SPOG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ISMF
SPOG vs. ISMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SPOT Daily ETF (SPOG) and iShares Managed Futures Active ETF (ISMF). 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.
| SPOG | ISMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.47 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.86 | — |
| Martin ratioReturn relative to average drawdown | — | 14.64 | — |
Loading charts...
Drawdowns
SPOG vs. ISMF - Drawdown Comparison
The maximum SPOG drawdown since its inception was -64.41%, which is greater than ISMF's maximum drawdown of -4.23%. Use the drawdown chart below to compare losses from any high point for SPOG and ISMF.
Loading charts...
Drawdown Indicators
| SPOG | ISMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.41% | -4.23% | -60.18% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.94% | — |
Current DrawdownCurrent decline from peak | -55.09% | -2.50% | -52.59% |
Average DrawdownAverage peak-to-trough decline | -43.53% | -1.31% | -42.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.31% | — |
Volatility
SPOG vs. ISMF - Volatility Comparison
Loading charts...
Volatility by Period
| SPOG | ISMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.22% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 5.27% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 96.10% | 8.20% | +87.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.10% | 7.69% | +88.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.10% | 7.69% | +88.41% |
SPOG vs. ISMF - Expense Ratio Comparison
SPOG has a 0.75% expense ratio, which is lower than ISMF's 0.80% expense ratio.
Dividends
SPOG vs. ISMF - Dividend Comparison
SPOG has not paid dividends to shareholders, while ISMF's dividend yield for the trailing twelve months is around 5.90%.
| Position | TTM | 2025 |
|---|---|---|
ISMF iShares Managed Futures Active ETF | 5.90% | 6.23% |
SPOG Leverage Shares 2X Long SPOT Daily ETF | 0.00% | 0.00% |
Frequently Asked Questions
SPOG and ISMF have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPOG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPOG is cheaper with a 0.75% expense ratio, compared with 0.80% for ISMF.
ISMF has the higher dividend yield at 5.90%, compared with 0.00% for SPOG.
SPOG is categorized as Leveraged Equities, while ISMF is Systematic Trend. They also come from different issuers: Leverage Shares and iShares. Their fees differ too: 0.75% for SPOG and 0.80% for ISMF.
Find the right allocation for SPOG and ISMF
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