XPEG vs. HLXX

Last updated Jun 25, 2026

XPEG (Leverage Shares 2X Long XPEV Daily ETF) and HLXX (Tradr 2X Long HL Daily ETF) are both Leveraged Equities funds - XPEG tracks the XPeng Inc. (XPEV) while HLXX tracks the Hecla Mining Company (HL). Both are passively managed. A 0.52 correlation means they provide meaningful diversification when combined. XPEG charges 0.75%/yr vs 1.49%/yr for HLXX.

Performance

XPEG vs. HLXX - Performance Comparison

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

Returns By Period

XPEG

• 1D: -4.23%
• 1M: -38.02%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HLXX

• 1D: 0.00%
• 1M: -26.74%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XPEG vs. HLXX - Yearly Performance Comparison

	2026 (YTD)
XPEG Leverage Shares 2X Long XPEV Daily ETF	-59.75%
HLXX Tradr 2X Long HL Daily ETF	-38.81%

Correlation

The correlation between XPEG and HLXX is 0.52, 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 Mar 24, 2026	0.52

Return for Risk

XPEG vs. HLXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long XPEV Daily ETF (XPEG) and Tradr 2X Long HL Daily ETF (HLXX). 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. HLXX - Drawdown Comparison

The maximum XPEG drawdown since its inception was -70.78%, which is greater than HLXX's maximum drawdown of -53.81%. Use the drawdown chart below to compare losses from any high point for XPEG and HLXX.

Drawdown Indicators

	XPEG	HLXX	Difference
Max Drawdown Largest peak-to-trough decline	-70.78%	-53.81%	-16.97%
Current Drawdown Current decline from peak	-70.78%	-53.81%	-16.97%
Average Drawdown Average peak-to-trough decline	-39.35%	-23.40%	-15.95%

Volatility

Volatility by Period

	XPEG	HLXX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	97.71%	121.01%	-23.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.71%	121.01%	-23.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.71%	121.01%	-23.30%

XPEG vs. HLXX - Expense Ratio Comparison

XPEG has a 0.75% expense ratio, which is lower than HLXX's 1.49% expense ratio.

Dividends

XPEG vs. HLXX - Dividend Comparison

Neither XPEG nor HLXX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XPEG and HLXX in my portfolio?

XPEG and HLXX have a correlation of 0.52, 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 HLXX?

On fees, XPEG 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, XPEG or HLXX?

XPEG is cheaper with a 0.75% expense ratio, compared with 1.49% for HLXX.

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

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

What is the main difference between XPEG and HLXX?

XPEG tracks XPeng Inc. (XPEV), while HLXX tracks Hecla Mining Company (HL). They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for XPEG and 1.49% for HLXX.