GLGG vs TEXX

Comparison between LEVERAGE SHARES 2X LONG GLXY DAILY ETF (GLGG, ETF) and HORIZON KINETICS TEXAS ETF (TEXX, ETF).

GLGG vs TEXX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GLGG(ETF)	TEXX(ETF)
Net Assets	$2.80M	$2.90M
Expense Ratio	N/A	0.85%
Max Drawdown	90.66%	99.98%
Sharpe Ratio	0.33	1.00
5Y Beta	7.52	0.08
P/E Ratio	N/A	26.45
Forward P/E	N/A	14.29
5Y EPS CAGR	N/A	11.77%
P/S Ratio	N/A	1.81
P/B Ratio	N/A	2.80

Net Assets

GLGG

$2.80M

Winner

TEXX

$2.90M

Expense Ratio

GLGG

N/A

TEXX

0.85%

Max Drawdown

Winner

GLGG

90.66%

TEXX

99.98%

Sharpe Ratio

GLGG

0.33

Winner

TEXX

1.00

5Y Beta

GLGG

7.52

Winner

TEXX

0.08

P/E Ratio

GLGG

N/A

TEXX

26.45

Forward P/E

GLGG

N/A

TEXX

14.29

5Y EPS CAGR

GLGG

N/A

TEXX

11.77%

P/S Ratio

GLGG

N/A

TEXX

1.81

P/B Ratio

GLGG

N/A

TEXX

2.80

GLGG vs TEXX - Holdings Comparison

GLGG and TEXX have 0 common holdings. Overlap is 0.00%

GLGG's top 25 holdings weight is 5.75%. TEXX's top 25 holdings weight is 91.37%.

Rank	GLGG	TEXX
#1	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 5.75%	US BANK MMDA USBGFS 7 (n/a) - 7.38%
#2	N/A	PERMIAN BASIN ROYALTY TRUST (PBT) - 7.09%
#3	N/A	LANDBRIDGE CO LLC CLASS A SHARES (LB) - 6.75%
#4	N/A	TEXAS PACIFIC LAND CORP (TPL) - 5.10%
#5	N/A	DIAMONDBACK ENERGY INC (FANG) - 4.12%
#6	N/A	QUANTA SERVICES INC (PWR) - 3.94%
#7	N/A	WATERBRIDGE INFRASTRUCTURE LLC ORDINARY SHARES CLASS A (WBI) - 3.85%
#8	N/A	SLB LTD (SLB) - 3.46%
#9	N/A	EOG RESOURCES INC (EOG) - 3.23%
#10	N/A	PLAINS ALL AMERICAN PIPELINE LP (PAA) - 3.17%
#11	N/A	FLUOR CORP (FLR) - 3.13%
#12	N/A	LGI HOMES INC (LGIH) - 3.03%
#13	N/A	OCCIDENTAL PETROLEUM CORP (OXY) - 3.03%
#14	N/A	KINDER MORGAN INC CLASS P (KMI) - 3.03%
#15	N/A	ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 2.98%
#16	N/A	CENTERPOINT ENERGY INC (CNP) - 2.97%
#17	N/A	KIMBERLY-CLARK CORP (KMB) - 2.92%
#18	N/A	ENERGY TRANSFER LP (ET) - 2.92%
#19	N/A	EXXON MOBIL CORP (XOM) - 2.91%
#20	N/A	CONOCOPHILLIPS (COP) - 2.88%
#21	N/A	SABINE ROYALTY TRUST (SBR) - 2.85%
#22	N/A	CHEVRON CORP (CVX) - 2.79%
#23	N/A	D.R. HORTON INC (DHI) - 2.73%
#24	N/A	VISTRA CORP (VST) - 2.60%
#25	N/A	NRG ENERGY INC (NRG) - 2.51%
Total Holdings	1	34

GLGG vs TEXX - Historical Returns

Returns include dividend reinvestment.

Period	GLGG	TEXX
1 month	-43.76%	+6.37%
3 months	-31.50%	+5.75%
6 months	-66.71%	+16.85%
1 year	-59.48%	N/A
5 years(CAGR)	N/A	+162.13%
10 years(CAGR)	N/A	+141.09%
Max(CAGR)	-62.54%	+10.02%

GLGG

-43.76%

Winner

TEXX

+6.37%

GLGG

-31.50%

Winner

TEXX

+5.75%

GLGG

-66.71%

Winner

TEXX

+16.85%

GLGG

-59.48%

TEXX

N/A

5Y(CAGR)

GLGG

N/A

TEXX

+162.13%

10Y(CAGR)

GLGG

N/A

TEXX

+141.09%

Max(CAGR)

GLGG

-62.54%

Winner

TEXX

+10.02%

GLGG vs TEXX - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	GLGG	TEXX
2026	-47.18%	+17.10%
2025	-36.55%	N/A
2017	N/A	+0.00%
2016	N/A	+400.00%
2015	N/A	-75.00%
2014	N/A	-42.86%
2013	N/A	+16.67%
2012	N/A	-23.08%
2011	N/A	-96.29%
2009	N/A	+0.00%

GLGG vs TEXX Drawdown Comparison

The maximum drawdown for GLGG was -90.66%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for TEXX was -99.98%, occurring on Dec 8, 2015. Recovery took 1562 trading sessions.

The current GLGG drawdown is -85.81%.

Rank	GLGG	TEXX
#1	-90.66% Oct 21, 2025 - Mar 30, 2026	-99.98% Oct 30, 2009 - Jan 22, 2026
#2	-21.54% Oct 9, 2025 - Oct 21, 2025	-5.86% May 22, 2026 - Jul 22, 2026
#3	-20.97% Aug 22, 2025 - Sep 9, 2025	-4.97% Apr 30, 2026 - May 18, 2026
#4	-19.42% Sep 24, 2025 - Oct 1, 2025	-4.30% Mar 27, 2026 - Apr 30, 2026
#5	-3.79% Sep 22, 2025 - Sep 24, 2025	-3.36% Mar 2, 2026 - Mar 27, 2026
#6	-3.64% Sep 9, 2025 - Sep 11, 2025	-1.79% Jan 29, 2026 - Feb 4, 2026
#7	-2.23% Oct 2, 2025 - Oct 6, 2025	-1.24% Feb 11, 2026 - Feb 13, 2026
#8	-1.51% Sep 18, 2025 - Sep 22, 2025	-0.99% Feb 4, 2026 - Feb 6, 2026
#9	N/A	-0.72% Feb 13, 2026 - Feb 19, 2026
#10	N/A	-0.70% Jan 23, 2026 - Jan 28, 2026
#11	N/A	-0.53% Feb 20, 2026 - Feb 24, 2026
#12	N/A	-0.52% Feb 24, 2026 - Feb 26, 2026

Correlation

Correlation between GLGG and TEXX is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

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