TERG vs. SNXX

Last updated Apr 2, 2026

Compare and contrast key facts about Leverage Shares 2X Long TER Daily ETF (TERG) and Tradr 2X Long SNDK Daily ETF (SNXX).

TERG and SNXX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TERG is an actively managed fund by Leverage Shares. It was launched on Nov 17, 2025. SNXX is an actively managed fund by Tradr. It was launched on Jan 26, 2026.

Performance

TERG vs. SNXX - 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 SNDK Daily ETF (SNXX). The values are adjusted to include any dividend payments, if applicable.

TERG vs. SNXX - Yearly Performance Comparison

	2026 (YTD)
TERG Leverage Shares 2X Long TER Daily ETF	51.56%
SNXX Tradr 2X Long SNDK Daily ETF	65.62%

Returns By Period

TERG

• 1D: 10.94%
• 1M: -13.61%
• YTD: 124.98%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SNXX

• 1D: 18.51%
• 1M: 11.87%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TERG vs. SNXX - Expense Ratio Comparison

TERG has a 0.75% expense ratio, which is lower than SNXX's 1.49% expense ratio.

SNXX

Tradr 2X Long SNDK Daily ETF

TERG

Leverage Shares 2X Long TER Daily ETF

Return for Risk

TERG vs. SNXX - 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 SNDK Daily ETF (SNXX). 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	SNXX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	13.84	7.65	+6.19

Correlation

The correlation between TERG and SNXX is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TERG vs. SNXX - Dividend Comparison

Neither TERG nor SNXX has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

TERG vs. SNXX - Drawdown Comparison

The maximum TERG drawdown since its inception was -39.32%, smaller than the maximum SNXX drawdown of -48.39%. Use the drawdown chart below to compare losses from any high point for TERG and SNXX.

Drawdown Indicators

	TERG	SNXX	Difference
Max Drawdown Largest peak-to-trough decline	-39.32%	-48.39%	+9.07%
Current Drawdown Current decline from peak	-22.98%	-23.24%	+0.26%
Average Drawdown Average peak-to-trough decline	-9.92%	-23.52%	+13.60%

Volatility

Volatility by Period

	TERG	SNXX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	124.92%	209.85%	-84.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	124.92%	209.85%	-84.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	124.92%	209.85%	-84.93%