SPOG vs. LRCU

Last updated Jun 3, 2026

SPOG (Leverage Shares 2X Long SPOT Daily ETF) and LRCU (Tradr 2X Long LRCX Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.01, they often move in opposite directions. SPOG charges 0.75%/yr vs 1.30%/yr for LRCU.

Performance

SPOG vs. LRCU - Performance Comparison

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

Returns By Period

In the year-to-date period, SPOG achieves a -38.29% return, which is significantly lower than LRCU's 216.82% return.

SPOG

• 1D: -3.30%
• 1M: 23.93%
• YTD: -38.29%
• 6M: -37.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LRCU

• 1D: 11.16%
• 1M: 63.66%
• YTD: 216.82%
• 6M: 265.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPOG vs. LRCU - Yearly Performance Comparison

	2026 (YTD)	2025
SPOG Leverage Shares 2X Long SPOT Daily ETF	-38.29%	-19.53%
LRCU Tradr 2X Long LRCX Daily ETF	216.82%	30.65%

Correlation

The correlation between SPOG and LRCU is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	-0.01

Return for Risk

SPOG vs. LRCU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SPOT Daily ETF (SPOG) and Tradr 2X Long LRCX Daily ETF (LRCU). 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.

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

Sharpe Ratios by Period

	SPOG	LRCU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.71	12.83	-13.54

Drawdowns

SPOG vs. LRCU - Drawdown Comparison

The maximum SPOG drawdown since its inception was -64.41%, which is greater than LRCU's maximum drawdown of -40.09%. Use the drawdown chart below to compare losses from any high point for SPOG and LRCU.

Drawdown Indicators

	SPOG	LRCU	Difference
Max Drawdown Largest peak-to-trough decline	-64.41%	-40.09%	-24.32%
Current Drawdown Current decline from peak	-50.34%	0.00%	-50.34%
Average Drawdown Average peak-to-trough decline	-40.33%	-9.43%	-30.90%

Volatility

Volatility by Period

	SPOG	LRCU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	104.01%	109.64%	-5.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	104.01%	109.64%	-5.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	104.01%	109.64%	-5.63%

SPOG vs. LRCU - Expense Ratio Comparison

SPOG has a 0.75% expense ratio, which is lower than LRCU's 1.30% expense ratio.

Dividends

SPOG vs. LRCU - Dividend Comparison

Neither SPOG nor LRCU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SPOG and LRCU in my portfolio?

SPOG and LRCU have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPOG or LRCU?

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.

Which ETF is cheaper, SPOG or LRCU?

SPOG is cheaper with a 0.75% expense ratio, compared with 1.30% for LRCU.

Which ETF pays a higher dividend yield, SPOG or LRCU?

SPOG and LRCU have nearly identical dividend yields, around 0.00%.

What is the main difference between SPOG and LRCU?

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