BULG vs ORCS

Comparison between LEVERAGE SHARES 2X LONG BULL DAILY ETF (BULG, ETF) and Direxion Daily ORCL Bear 1X ETF (ORCS, ETF).

BULG vs ORCS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BULG(ETF)	ORCS(ETF)
Net Assets	$6.40M	$6.30M
Expense Ratio	N/A	0.97%
Max Drawdown	94.15%	50.50%
Sharpe Ratio	-1.62	0.33
5Y Beta	4.86	-1.88

Net Assets

Winner

BULG

$6.40M

ORCS

$6.30M

Expense Ratio

BULG

N/A

ORCS

0.97%

Max Drawdown

BULG

94.15%

Winner

ORCS

50.50%

Sharpe Ratio

BULG

-1.62

Winner

ORCS

0.33

5Y Beta

BULG

4.86

Winner

ORCS

-1.88

BULG vs ORCS - Historical Returns

Returns include dividend reinvestment.

Period	BULG	ORCS
1 month	-19.30%	-3.25%
3 months	+27.67%	-21.55%
6 months	-63.48%	-11.63%
1 year	-88.68%	N/A
Max(CAGR)	-92.64%	+5.22%

BULG

-19.30%

Winner

ORCS

-3.25%

Winner

BULG

+27.67%

ORCS

-21.55%

BULG

-63.48%

Winner

ORCS

-11.63%

BULG

-88.68%

ORCS

N/A

Max(CAGR)

BULG

-92.64%

Winner

ORCS

+5.22%

BULG vs ORCS - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	BULG	ORCS
2026	-53.16%	-8.04%
2025	-78.14%	+12.36%

BULG vs ORCS 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 ORCS was -50.26%, occurring on Jun 1, 2026. This drawdown has not yet recovered.

The current BULG drawdown is -90.11%. The current ORCS drawdown is -34.48%.

Rank	BULG	ORCS
#1	-94.15% Aug 15, 2025 - Mar 30, 2026	-50.26% Feb 5, 2026 - Jun 1, 2026
#2	-7.99% Aug 12, 2025 - Aug 15, 2025	-13.55% Dec 17, 2025 - Jan 21, 2026
#3	N/A	-12.05% Nov 25, 2025 - Dec 12, 2025
#4	N/A	-4.62% Jan 21, 2026 - Jan 28, 2026
#5	N/A	-2.05% Dec 15, 2025 - Dec 17, 2025
#6	N/A	-0.98% Nov 21, 2025 - Nov 25, 2025