TSYX vs. ABNG

Last updated Jun 25, 2026

TSYX (TSPY Lift ETF) and ABNG (Leverage Shares 2x Long ABNB Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.53 correlation means they provide meaningful diversification when combined. TSYX charges 0.98%/yr vs 0.75%/yr for ABNG.

Performance

TSYX vs. ABNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TSPY Lift ETF (TSYX) and Leverage Shares 2x Long ABNB Daily ETF (ABNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TSYX

• 1D: -0.73%
• 1M: -2.78%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ABNG

• 1D: 7.74%
• 1M: 16.99%
• YTD: 1.11%
• 6M: -0.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSYX vs. ABNG - Yearly Performance Comparison

	2026 (YTD)
TSYX TSPY Lift ETF	2.83%
ABNG Leverage Shares 2x Long ABNB Daily ETF	-2.28%

Correlation

The correlation between TSYX and ABNG is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 7, 2026	0.53

Return for Risk

TSYX vs. ABNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TSPY Lift ETF (TSYX) and Leverage Shares 2x Long ABNB Daily ETF (ABNG). 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.

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

Drawdowns

TSYX vs. ABNG - Drawdown Comparison

The maximum TSYX drawdown since its inception was -13.39%, smaller than the maximum ABNG drawdown of -33.03%. Use the drawdown chart below to compare losses from any high point for TSYX and ABNG.

Drawdown Indicators

	TSYX	ABNG	Difference
Max Drawdown Largest peak-to-trough decline	-13.39%	-33.03%	+19.64%
Current Drawdown Current decline from peak	-4.82%	-4.70%	-0.12%
Average Drawdown Average peak-to-trough decline	-2.99%	-12.26%	+9.27%

Volatility

Volatility by Period

	TSYX	ABNG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.09%	63.54%	-44.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.09%	63.54%	-44.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.09%	63.54%	-44.45%

TSYX vs. ABNG - Expense Ratio Comparison

TSYX has a 0.98% expense ratio, which is higher than ABNG's 0.75% expense ratio.

Dividends

TSYX vs. ABNG - Dividend Comparison

TSYX's dividend yield for the trailing twelve months is around 7.31%, while ABNG has not paid dividends to shareholders.

Position	TTM
ABNG Leverage Shares 2x Long ABNB Daily ETF	0.00%
TSYX TSPY Lift ETF	7.31%

Frequently Asked Questions

Can I hold both TSYX and ABNG in my portfolio?

TSYX and ABNG have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSYX or ABNG?

On fees, ABNG 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, TSYX or ABNG?

ABNG is cheaper with a 0.75% expense ratio, compared with 0.98% for TSYX.

Which ETF pays a higher dividend yield, TSYX or ABNG?

TSYX has the higher dividend yield at 7.31%, compared with 0.00% for ABNG.

What is the main difference between TSYX and ABNG?

They also come from different issuers: TappAlpha and Leverage Shares. Their fees differ too: 0.98% for TSYX and 0.75% for ABNG.