URSP vs. COIG

Last updated Jun 5, 2026

URSP (ProShares Ultra S&P 500 Equal Weight ETF) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds. URSP is passively managed, while COIG is actively managed. At a 0.44 correlation, their price movements are largely independent. URSP charges 0.95%/yr vs 0.75%/yr for COIG.

Performance

URSP vs. COIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra S&P 500 Equal Weight ETF (URSP) and Leverage Shares 2X Long COIN Daily ETF (COIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, URSP achieves a 18.34% return, which is significantly higher than COIG's -61.94% return.

URSP

• 1D: 1.51%
• 1M: 7.08%
• YTD: 18.34%
• 6M: 18.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COIG

• 1D: -0.23%
• 1M: -34.67%
• YTD: -61.94%
• 6M: -74.70%
• 1Y: -78.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

URSP vs. COIG - Yearly Performance Comparison

	2026 (YTD)	2025
URSP ProShares Ultra S&P 500 Equal Weight ETF	18.34%	1.57%
COIG Leverage Shares 2X Long COIN Daily ETF	-61.94%	-55.21%

Correlation

The correlation between URSP and COIG is 0.44, 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 Aug 28, 2025	0.44

Return for Risk

URSP vs. COIG — Risk / Return Rank

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

COIG

COIG Risk / Return Rank: 4
COIG Sharpe Ratio Rank: 4
COIG Sortino Ratio Rank: 4
COIG Omega Ratio Rank: 5
COIG Calmar Ratio Rank: 2
COIG Martin Ratio Rank: 3

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.

URSP vs. COIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra S&P 500 Equal Weight ETF (URSP) and Leverage Shares 2X Long COIN Daily ETF (COIG). 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

	URSP	COIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.16	-0.40	+1.56

Drawdowns

URSP vs. COIG - Drawdown Comparison

The maximum URSP drawdown since its inception was -15.72%, smaller than the maximum COIG drawdown of -92.06%. Use the drawdown chart below to compare losses from any high point for URSP and COIG.

Drawdown Indicators

	URSP	COIG	Difference
Max Drawdown Largest peak-to-trough decline	-15.72%	-92.06%	+76.34%
Max Drawdown (1Y) Largest decline over 1 year	—	-92.06%	—
Current Drawdown Current decline from peak	0.00%	-91.44%	+91.44%
Average Drawdown Average peak-to-trough decline	-3.18%	-51.83%	+48.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	66.13%	—

Volatility

Volatility by Period

	URSP	COIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	37.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	100.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.44%	138.95%	-115.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.44%	146.21%	-122.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.44%	146.21%	-122.77%

URSP vs. COIG - Expense Ratio Comparison

URSP has a 0.95% expense ratio, which is higher than COIG's 0.75% expense ratio.

Dividends

URSP vs. COIG - Dividend Comparison

URSP's dividend yield for the trailing twelve months is around 0.58%, while COIG has not paid dividends to shareholders.

Position	TTM	2025
COIG Leverage Shares 2X Long COIN Daily ETF	0.00%	0.00%
URSP ProShares Ultra S&P 500 Equal Weight ETF	0.58%	0.38%

Frequently Asked Questions

Can I hold both URSP and COIG in my portfolio?

URSP and COIG have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, URSP or COIG?

On fees, COIG 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, URSP or COIG?

COIG is cheaper with a 0.75% expense ratio, compared with 0.95% for URSP.

Which ETF pays a higher dividend yield, URSP or COIG?

URSP has the higher dividend yield at 0.58%, compared with 0.00% for COIG.

What is the main difference between URSP and COIG?

They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for URSP and 0.75% for COIG.