XYZG vs. BMNG

Last updated Jun 17, 2026

XYZG (Leverage Shares 2X Long XYZ Daily ETF) and BMNG (Leverage Shares 2X Long BMNR Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.41 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

XYZG vs. BMNG - Performance Comparison

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

Returns By Period

In the year-to-date period, XYZG achieves a 8.00% return, which is significantly higher than BMNG's -78.21% return.

XYZG

• 1D: 0.78%
• 1M: 8.97%
• YTD: 8.00%
• 6M: 8.93%
• 1Y: -8.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BMNG

• 1D: -10.54%
• 1M: -38.73%
• YTD: -78.21%
• 6M: -84.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XYZG vs. BMNG - Yearly Performance Comparison

	2026 (YTD)	2025
XYZG Leverage Shares 2X Long XYZ Daily ETF	8.00%	-37.20%
BMNG Leverage Shares 2X Long BMNR Daily ETF	-78.21%	-80.50%

Correlation

The correlation between XYZG and BMNG is 0.41, 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 Oct 27, 2025	0.41

Return for Risk

XYZG vs. BMNG — Risk / Return Rank

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

XYZG

XYZG Risk / Return Rank: 9
XYZG Sharpe Ratio Rank: 8
XYZG Sortino Ratio Rank: 12
XYZG Omega Ratio Rank: 12
XYZG Calmar Ratio Rank: 8
XYZG Martin Ratio Rank: 8

BMNG

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

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.

XYZG vs. BMNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long XYZ Daily ETF (XYZG) and Leverage Shares 2X Long BMNR Daily ETF (BMNG). 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.

	XYZG	BMNG	Difference
Sharpe ratio: Return per unit of total volatility	-0.09	—	—
Sortino ratio: Return per unit of downside risk	0.54	—	—
Omega ratio: Gain probability vs. loss probability	1.07	—	—
Calmar ratio: Return relative to maximum drawdown	-0.12	—	—
Martin ratio: Return relative to average drawdown	-0.22	—	—

Drawdowns

XYZG vs. BMNG - Drawdown Comparison

The maximum XYZG drawdown since its inception was -69.40%, smaller than the maximum BMNG drawdown of -96.18%. Use the drawdown chart below to compare losses from any high point for XYZG and BMNG.

Drawdown Indicators

	XYZG	BMNG	Difference
Max Drawdown Largest peak-to-trough decline	-69.40%	-96.18%	+26.78%
Max Drawdown (1Y) Largest decline over 1 year	-69.40%	—	—
Current Drawdown Current decline from peak	-38.63%	-95.94%	+57.31%
Average Drawdown Average peak-to-trough decline	-29.44%	-81.68%	+52.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.54%	—	—

Volatility

Volatility by Period

	XYZG	BMNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.64%	—	—
Volatility (6M) Calculated over the trailing 6-month period	71.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	94.07%	191.10%	-97.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	103.45%	191.10%	-87.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	103.45%	191.10%	-87.65%

XYZG vs. BMNG - Expense Ratio Comparison

Both XYZG and BMNG have an expense ratio of 0.75%.

Dividends

XYZG vs. BMNG - Dividend Comparison

XYZG's dividend yield for the trailing twelve months is around 6.20%, while BMNG has not paid dividends to shareholders.

Position	TTM	2025
BMNG Leverage Shares 2X Long BMNR Daily ETF	0.00%	0.00%
XYZG Leverage Shares 2X Long XYZ Daily ETF	6.20%	6.69%

Frequently Asked Questions

Can I hold both XYZG and BMNG in my portfolio?

XYZG and BMNG have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XYZG or BMNG?

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, XYZG or BMNG?

XYZG and BMNG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, XYZG or BMNG?

XYZG has the higher dividend yield at 6.20%, compared with 0.00% for BMNG.