BULG vs LTAX

Comparison between LEVERAGE SHARES 2X LONG BULL DAILY ETF (BULG, ETF) and Nomura TaxFree USA ETF (LTAX, ETF).

BULG vs LTAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BULG(ETF)	LTAX(ETF)
Net Assets	$6.40M	$6.30M
Expense Ratio	N/A	0.39%
Max Drawdown	94.15%	3.49%
Sharpe Ratio	-1.62	0.17
5Y Beta	4.86	0.16

Net Assets

Winner

BULG

$6.40M

LTAX

$6.30M

Expense Ratio

BULG

N/A

LTAX

0.39%

Max Drawdown

BULG

94.15%

Winner

LTAX

3.49%

Sharpe Ratio

BULG

-1.62

Winner

LTAX

0.17

5Y Beta

BULG

4.86

Winner

LTAX

0.16

BULG vs LTAX - Historical Returns

Returns include dividend reinvestment.

Period	BULG	LTAX
1 month	-19.30%	+1.07%
3 months	+27.67%	+2.09%
6 months	-63.48%	+1.89%
1 year	-88.68%	N/A
Max(CAGR)	-92.64%	+4.67%

BULG

-19.30%

Winner

LTAX

+1.07%

Winner

BULG

+27.67%

LTAX

+2.09%

BULG

-63.48%

Winner

LTAX

+1.89%

BULG

-88.68%

LTAX

N/A

Max(CAGR)

BULG

-92.64%

Winner

LTAX

+4.67%

BULG vs LTAX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	BULG	LTAX
2026	-53.16%	+1.89%
2025	-78.14%	N/A

BULG vs LTAX Drawdown Comparison

The maximum drawdown for BULG was -94.15%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for LTAX was -3.18%, occurring on Mar 24, 2026. Recovery took 64 trading sessions.

The current BULG drawdown is -90.11%. The current LTAX drawdown is -0.01%.

Rank	BULG	LTAX
#1	-94.15% Aug 15, 2025 - Mar 30, 2026	-3.18% Feb 26, 2026 - May 29, 2026
#2	-7.99% Aug 12, 2025 - Aug 15, 2025	-0.78% Jan 14, 2026 - Feb 5, 2026
#3	N/A	-0.51% Jun 4, 2026 - Jun 10, 2026
#4	N/A	-0.27% Feb 10, 2026 - Feb 12, 2026
#5	N/A	-0.27% Feb 5, 2026 - Feb 9, 2026
#6	N/A	-0.21% Jun 2, 2026 - Jun 4, 2026
#7	N/A	-0.19% Feb 24, 2026 - Feb 26, 2026
#8	N/A	-0.01% Feb 13, 2026 - Feb 18, 2026
#9	N/A	-0.00% Feb 19, 2026 - Feb 24, 2026