GLWG vs FMUN
Comparison between Leverage Shares 2X Long GLW Daily ETF (GLWG, ETF) and FIDELITY SYSTEMATIC MUNICIPAL BOND INDEX ETF (FMUN, ETF).
GLWG vs FMUN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
GLWG
$183M
Winner
FMUN
$183M
Expense Ratio
GLWG
N/A
FMUN
0.05%
Max Drawdown
GLWG
66.80%
Winner
FMUN
3.22%
Sharpe Ratio
GLWG
0.89
Winner
FMUN
1.02
5Y Beta
GLWG
6.61
Winner
FMUN
0.07
GLWG vs FMUN - Historical Returns
Returns include dividend reinvestment.
1M
GLWG
-46.78%
Winner
FMUN
-0.18%
3M
GLWG
-26.46%
Winner
FMUN
+0.50%
6M
GLWG
N/A
FMUN
+0.65%
1Y
GLWG
N/A
FMUN
+6.87%
Max(CAGR)
Winner
GLWG
+6.18%
FMUN
+4.30%
GLWG vs FMUN - Annual Returns (2025 - 2026)
Returns include dividend reinvestment.
| Year | GLWG | FMUN |
|---|---|---|
| 2026 | +2.21% | +1.18% |
| 2025 | N/A | +4.25% |
GLWG vs FMUN Drawdown Comparison
The maximum drawdown for GLWG was -66.80%, occurring on Jul 20, 2026. This drawdown has not yet recovered.
The maximum drawdown for FMUN was -3.21%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current GLWG drawdown is -62.62%. The current FMUN drawdown is -1.09%.
| Rank | GLWG | FMUN |
|---|---|---|
| #1 | -66.80% Jun 29, 2026 - Jul 20, 2026 | -3.21% Feb 27, 2026 - Mar 27, 2026 |
| #2 | -39.12% May 14, 2026 - Jun 25, 2026 | -2.93% Apr 7, 2025 - Aug 22, 2025 |
| #3 | -26.36% Apr 24, 2026 - May 6, 2026 | -0.52% Nov 26, 2025 - Dec 23, 2025 |
| #4 | -23.93% Mar 25, 2026 - Apr 7, 2026 | -0.46% Nov 12, 2025 - Nov 26, 2025 |
| #5 | -16.96% Mar 10, 2026 - Mar 24, 2026 | -0.43% Sep 17, 2025 - Oct 7, 2025 |
| #6 | -12.04% Apr 13, 2026 - Apr 24, 2026 | -0.37% Jan 16, 2026 - Jan 30, 2026 |
| #7 | -8.60% May 11, 2026 - May 14, 2026 | -0.34% Aug 29, 2025 - Sep 3, 2025 |
| #8 | -4.94% Jun 25, 2026 - Jun 29, 2026 | -0.26% Nov 4, 2025 - Nov 11, 2025 |
| #9 | N/A | -0.25% Oct 22, 2025 - Nov 4, 2025 |
| #10 | N/A | -0.13% Dec 29, 2025 - Jan 7, 2026 |
| #11 | N/A | -0.11% Aug 22, 2025 - Aug 28, 2025 |
| #12 | N/A | -0.11% Feb 10, 2026 - Feb 12, 2026 |
| #13 | N/A | -0.06% Feb 5, 2026 - Feb 9, 2026 |
| #14 | N/A | -0.05% Sep 11, 2025 - Sep 15, 2025 |
| #15 | N/A | -0.04% Feb 13, 2026 - Feb 19, 2026 |
Correlation
Correlation between GLWG and FMUN is 0.75 which considered as a strong positive correlation - the stocks tend to move together.
0.75
-101
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