SRPU vs. BEG

Last updated Jun 5, 2026

SRPU (Tradr 2X Long SRPT Daily ETF) and BEG (Leverage Shares 2X Long BE Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.08 correlation, their price movements are largely independent. SRPU charges 1.30%/yr vs 0.75%/yr for BEG.

Performance

SRPU vs. BEG - Performance Comparison

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

Returns By Period

In the year-to-date period, SRPU achieves a -56.10% return, which is significantly lower than BEG's 562.24% return.

SRPU

• 1D: 5.72%
• 1M: -43.69%
• YTD: -56.10%
• 6M: -61.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEG

• 1D: 1.53%
• 1M: -9.86%
• YTD: 562.24%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SRPU vs. BEG - Yearly Performance Comparison

	2026 (YTD)	2025
SRPU Tradr 2X Long SRPT Daily ETF	-56.10%	-8.68%
BEG Leverage Shares 2X Long BE Daily ETF	562.24%	-5.55%

Correlation

The correlation between SRPU and BEG is 0.08, 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 Dec 17, 2025	0.08

Return for Risk

SRPU vs. BEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long SRPT Daily ETF (SRPU) and Leverage Shares 2X Long BE Daily ETF (BEG). 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

	SRPU	BEG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.50	24.84	-25.34

Drawdowns

SRPU vs. BEG - Drawdown Comparison

The maximum SRPU drawdown since its inception was -78.33%, which is greater than BEG's maximum drawdown of -59.85%. Use the drawdown chart below to compare losses from any high point for SRPU and BEG.

Drawdown Indicators

	SRPU	BEG	Difference
Max Drawdown Largest peak-to-trough decline	-78.33%	-59.85%	-18.48%
Current Drawdown Current decline from peak	-77.09%	-12.58%	-64.51%
Average Drawdown Average peak-to-trough decline	-57.43%	-16.11%	-41.32%

Volatility

Volatility by Period

	SRPU	BEG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	176.80%	212.92%	-36.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	176.80%	212.92%	-36.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	176.80%	212.92%	-36.12%

SRPU vs. BEG - Expense Ratio Comparison

SRPU has a 1.30% expense ratio, which is higher than BEG's 0.75% expense ratio.

Dividends

SRPU vs. BEG - Dividend Comparison

Neither SRPU nor BEG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SRPU and BEG in my portfolio?

SRPU and BEG have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SRPU or BEG?

On fees, BEG 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, SRPU or BEG?

BEG is cheaper with a 0.75% expense ratio, compared with 1.30% for SRPU.

Which ETF pays a higher dividend yield, SRPU or BEG?

SRPU and BEG have nearly identical dividend yields, around 0.00%.

What is the main difference between SRPU and BEG?

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