TERG vs. FUTG

Last updated Jun 4, 2026

TERG (Leverage Shares 2X Long TER Daily ETF) and FUTG (Leverage Shares 2X Long FUTU Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

TERG vs. FUTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long TER Daily ETF (TERG) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). 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 FUTG's -75.53% return.

TERG

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

FUTG

• 1D: -11.10%
• 1M: -70.24%
• YTD: -75.53%
• 6M: -77.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TERG vs. FUTG - Yearly Performance Comparison

	2026 (YTD)	2025
TERG Leverage Shares 2X Long TER Daily ETF	229.64%	28.17%
FUTG Leverage Shares 2X Long FUTU Daily ETF	-75.53%	-8.13%

Correlation

The correlation between TERG and FUTG is 0.42, 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	0.42

Return for Risk

TERG vs. FUTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long TER Daily ETF (TERG) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). 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	FUTG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	9.90	-0.66	+10.56

Drawdowns

TERG vs. FUTG - Drawdown Comparison

The maximum TERG drawdown since its inception was -49.52%, smaller than the maximum FUTG drawdown of -86.19%. Use the drawdown chart below to compare losses from any high point for TERG and FUTG.

Drawdown Indicators

	TERG	FUTG	Difference
Max Drawdown Largest peak-to-trough decline	-49.52%	-86.19%	+36.67%
Current Drawdown Current decline from peak	-15.98%	-84.29%	+68.31%
Average Drawdown Average peak-to-trough decline	-13.73%	-40.35%	+26.62%

Volatility

Volatility by Period

	TERG	FUTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	139.25%	136.01%	+3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	139.25%	136.01%	+3.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.25%	136.01%	+3.24%

TERG vs. FUTG - Expense Ratio Comparison

Both TERG and FUTG have an expense ratio of 0.75%.

Dividends

TERG vs. FUTG - Dividend Comparison

Neither TERG nor FUTG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TERG and FUTG in my portfolio?

TERG and FUTG have a correlation of 0.42, 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 FUTG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TERG or FUTG?

TERG and FUTG have the same expense ratio: 0.75% per year.

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

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