TERG vs. CEGX

Last updated Jun 4, 2026

TERG (Leverage Shares 2X Long TER Daily ETF) and CEGX (Tradr 2X Long CEG Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.41 correlation, their price movements are largely independent. TERG charges 0.75%/yr vs 1.30%/yr for CEGX.

Performance

TERG vs. CEGX - Performance Comparison

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

Returns By Period

In the year-to-date period, TERG achieves a 229.64% return, which is significantly higher than CEGX's -50.98% return.

TERG

• 1D: 8.49%
• 1M: 39.95%
• YTD: 229.64%
• 6M: 218.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CEGX

• 1D: -4.26%
• 1M: -32.70%
• YTD: -50.98%
• 6M: -54.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TERG vs. CEGX - Yearly Performance Comparison

	2026 (YTD)	2025
TERG Leverage Shares 2X Long TER Daily ETF	229.64%	28.17%
CEGX Tradr 2X Long CEG Daily ETF	-50.98%	5.11%

Correlation

The correlation between TERG and CEGX is 0.41, 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 18, 2025	0.41

Return for Risk

TERG vs. CEGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long TER Daily ETF (TERG) and Tradr 2X Long CEG Daily ETF (CEGX). 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

	TERG	CEGX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	9.90	-0.54	+10.44

Drawdowns

TERG vs. CEGX - Drawdown Comparison

The maximum TERG drawdown since its inception was -49.52%, smaller than the maximum CEGX drawdown of -66.35%. Use the drawdown chart below to compare losses from any high point for TERG and CEGX.

Drawdown Indicators

	TERG	CEGX	Difference
Max Drawdown Largest peak-to-trough decline	-49.52%	-66.35%	+16.83%
Current Drawdown Current decline from peak	-15.98%	-64.76%	+48.78%
Average Drawdown Average peak-to-trough decline	-13.73%	-33.21%	+19.48%

Volatility

Volatility by Period

	TERG	CEGX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	139.25%	95.58%	+43.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	139.25%	95.58%	+43.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.25%	95.58%	+43.67%

TERG vs. CEGX - Expense Ratio Comparison

TERG has a 0.75% expense ratio, which is lower than CEGX's 1.30% expense ratio.

Dividends

TERG vs. CEGX - Dividend Comparison

Neither TERG nor CEGX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TERG and CEGX in my portfolio?

TERG and CEGX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TERG or CEGX?

On fees, TERG 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, TERG or CEGX?

TERG is cheaper with a 0.75% expense ratio, compared with 1.30% for CEGX.

Which ETF pays a higher dividend yield, TERG or CEGX?

TERG and CEGX have nearly identical dividend yields, around 0.00%.

What is the main difference between TERG and CEGX?

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