TEMT vs. LULG

Last updated Jun 26, 2026

TEMT (Tradr 2X Long TEM Daily ETF) and LULG (Leverage Shares 2X Long LULU Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. TEMT charges 1.30%/yr vs 0.75%/yr for LULG.

Performance

TEMT vs. LULG - Performance Comparison

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

Returns By Period

In the year-to-date period, TEMT achieves a -35.84% return, which is significantly higher than LULG's -75.54% return.

TEMT

• 1D: 11.14%
• 1M: 27.18%
• YTD: -35.84%
• 6M: -46.30%
• 1Y: -60.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LULG

• 1D: -1.81%
• 1M: -25.41%
• YTD: -75.54%
• 6M: -76.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TEMT vs. LULG - Yearly Performance Comparison

	2026 (YTD)	2025
TEMT Tradr 2X Long TEM Daily ETF	-35.84%	-55.18%
LULG Leverage Shares 2X Long LULU Daily ETF	-75.54%	55.59%

Correlation

The correlation between TEMT and LULG is 0.35, 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 Nov 5, 2025	0.35

Return for Risk

TEMT vs. LULG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TEMT

TEMT Risk / Return Rank: 6
TEMT Sharpe Ratio Rank: 6
TEMT Sortino Ratio Rank: 7
TEMT Omega Ratio Rank: 7
TEMT Calmar Ratio Rank: 4
TEMT Martin Ratio Rank: 5

LULG

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TEMT vs. LULG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long TEM Daily ETF (TEMT) and Leverage Shares 2X Long LULU Daily ETF (LULG). 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.

	TEMT	LULG	Difference
Sharpe ratio: Return per unit of total volatility	-0.47	—	—
Sortino ratio: Return per unit of downside risk	-0.12	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.70	—	—
Martin ratio: Return relative to average drawdown	-1.01	—	—

Drawdowns

TEMT vs. LULG - Drawdown Comparison

The maximum TEMT drawdown since its inception was -87.10%, which is greater than LULG's maximum drawdown of -79.88%. Use the drawdown chart below to compare losses from any high point for TEMT and LULG.

Drawdown Indicators

	TEMT	LULG	Difference
Max Drawdown Largest peak-to-trough decline	-87.10%	-79.88%	-7.22%
Max Drawdown (1Y) Largest decline over 1 year	-87.10%	—	—
Current Drawdown Current decline from peak	-81.24%	-77.35%	-3.89%
Average Drawdown Average peak-to-trough decline	-50.59%	-37.21%	-13.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	60.18%	—	—

Volatility

Volatility by Period

	TEMT	LULG	Difference
Volatility (1M) Calculated over the trailing 1-month period	51.87%	—	—
Volatility (6M) Calculated over the trailing 6-month period	94.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	130.25%	88.29%	+41.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	137.06%	88.29%	+48.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	137.06%	88.29%	+48.77%

TEMT vs. LULG - Expense Ratio Comparison

TEMT has a 1.30% expense ratio, which is higher than LULG's 0.75% expense ratio.

Dividends

TEMT vs. LULG - Dividend Comparison

TEMT's dividend yield for the trailing twelve months is around 52.37%, while LULG has not paid dividends to shareholders.

Position	TTM	2025
LULG Leverage Shares 2X Long LULU Daily ETF	0.00%	0.00%
TEMT Tradr 2X Long TEM Daily ETF	52.37%	33.60%

Frequently Asked Questions

Can I hold both TEMT and LULG in my portfolio?

TEMT and LULG have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TEMT or LULG?

On fees, LULG 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, TEMT or LULG?

LULG is cheaper with a 0.75% expense ratio, compared with 1.30% for TEMT.

Which ETF pays a higher dividend yield, TEMT or LULG?

TEMT has the higher dividend yield at 52.37%, compared with 0.00% for LULG.

What is the main difference between TEMT and LULG?

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