WULX vs. NEMG

Last updated Jun 4, 2026

WULX (Tradr 2X Long WULF Daily ETF) and NEMG (Leverage Shares 2x Long NEM Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.34 correlation, their price movements are largely independent. WULX charges 1.30%/yr vs 0.75%/yr for NEMG.

Performance

WULX vs. NEMG - Performance Comparison

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

Returns By Period

In the year-to-date period, WULX achieves a 238.07% return, which is significantly higher than NEMG's -0.97% return.

WULX

• 1D: -2.27%
• 1M: 29.01%
• YTD: 238.07%
• 6M: 98.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NEMG

• 1D: -3.61%
• 1M: -3.20%
• YTD: -0.97%
• 6M: 20.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WULX vs. NEMG - Yearly Performance Comparison

	2026 (YTD)	2025
WULX Tradr 2X Long WULF Daily ETF	238.07%	-5.01%
NEMG Leverage Shares 2x Long NEM Daily ETF	-0.97%	27.79%

Correlation

The correlation between WULX and NEMG is 0.34, 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	0.34

Return for Risk

WULX vs. NEMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long WULF Daily ETF (WULX) and Leverage Shares 2x Long NEM Daily ETF (NEMG). 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

	WULX	NEMG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.31	0.55	+0.76

Drawdowns

WULX vs. NEMG - Drawdown Comparison

The maximum WULX drawdown since its inception was -60.48%, which is greater than NEMG's maximum drawdown of -51.18%. Use the drawdown chart below to compare losses from any high point for WULX and NEMG.

Drawdown Indicators

	WULX	NEMG	Difference
Max Drawdown Largest peak-to-trough decline	-60.48%	-51.18%	-9.30%
Current Drawdown Current decline from peak	-4.75%	-42.05%	+37.30%
Average Drawdown Average peak-to-trough decline	-30.68%	-20.71%	-9.97%

Volatility

Volatility by Period

	WULX	NEMG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	189.30%	100.36%	+88.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	189.30%	100.36%	+88.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	189.30%	100.36%	+88.94%

WULX vs. NEMG - Expense Ratio Comparison

WULX has a 1.30% expense ratio, which is higher than NEMG's 0.75% expense ratio.

Dividends

WULX vs. NEMG - Dividend Comparison

Neither WULX nor NEMG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WULX and NEMG in my portfolio?

WULX and NEMG have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WULX or NEMG?

On fees, NEMG 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, WULX or NEMG?

NEMG is cheaper with a 0.75% expense ratio, compared with 1.30% for WULX.

Which ETF pays a higher dividend yield, WULX or NEMG?

WULX and NEMG have nearly identical dividend yields, around 0.00%.

What is the main difference between WULX and NEMG?

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