XPEG vs. GLWG

Last updated Aug 2, 2026

XPEG (Leverage Shares 2X Long XPEV Daily ETF) and GLWG (Leverage Shares 2X Long GLW Daily ETF) are both Leveraged Equities funds from Leverage Shares - XPEG tracks the XPeng Inc. (XPEV) while GLWG tracks the Corning Incorporated (GLW). Both are passively managed. Their 0.40 correlation means their historical movements had little consistent relationship. Both charge a 0.75% expense ratio.

Performance

XPEG vs. GLWG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long XPEV Daily ETF (XPEG) and Leverage Shares 2X Long GLW Daily ETF (GLWG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XPEG

• 1D: 0.54%
• 1M: -3.13%
• 6M: -56.94%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

GLWG

• 1D: 4.13%
• 1M: -54.07%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GLWG Leverage Shares 2X Long GLW Daily ETF	$26.57M	$32.26M	$47.23M
XPEG Leverage Shares 2X Long XPEV Daily ETF	$83.47K	$123.36K	$220.12K

XPEG vs. GLWG - Yearly Performance Comparison

	2026 (YTD)
XPEG Leverage Shares 2X Long XPEV Daily ETF	-57.16%
GLWG Leverage Shares 2X Long GLW Daily ETF	-25.14%

Correlation

The correlation between XPEG and GLWG is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 10, 2026	0.40

Return for Risk

XPEG vs. GLWG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long XPEV Daily ETF (XPEG) and Leverage Shares 2X Long GLW Daily ETF (GLWG). 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

XPEG vs. GLWG - Drawdown Comparison

The maximum XPEG drawdown since its inception was -72.82%, smaller than the maximum GLWG drawdown of -78.80%. Use the drawdown chart below to compare losses from any high point for XPEG and GLWG.

Drawdown Indicators

	XPEG	GLWG	Difference
Max Drawdown Largest peak-to-trough decline	-72.82%	-78.80%	+5.98%
Current Drawdown Current decline from peak	-69.37%	-73.96%	+4.59%
Average Drawdown Average peak-to-trough decline	-44.94%	-22.98%	-21.96%

Volatility

Volatility by Period

	XPEG	GLWG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	96.49%	177.71%	-81.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	96.49%	177.71%	-81.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	96.49%	177.71%	-81.22%

XPEG vs. GLWG - Expense Ratio Comparison

Both XPEG and GLWG have an expense ratio of 0.75%.

Dividends

XPEG vs. GLWG - Dividend Comparison

Neither XPEG nor GLWG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XPEG and GLWG in my portfolio?

XPEG and GLWG have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XPEG or GLWG?

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, XPEG or GLWG?

XPEG and GLWG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, XPEG or GLWG?

XPEG and GLWG have nearly identical dividend yields, around 0.00%.

What is the main difference between XPEG and GLWG?

XPEG tracks XPeng Inc. (XPEV), while GLWG tracks Corning Incorporated (GLW).