SNAG vs IBGC

Comparison between Leverage Shares 2x Long SNAP Daily ETF (SNAG, ETF) and iShares iBonds Dec 2046 Term Treasury ETF (IBGC, ETF).

SNAG vs IBGC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SNAG(ETF)	IBGC(ETF)
Net Assets	$3.60M	$3.70M
Expense Ratio	N/A	0.07%
Max Drawdown	81.94%	4.67%
Sharpe Ratio	-0.87	-0.27
5Y Beta	4.79	0.31

Net Assets

SNAG

$3.60M

Winner

IBGC

$3.70M

Expense Ratio

SNAG

N/A

IBGC

0.07%

Max Drawdown

SNAG

81.94%

Winner

IBGC

4.67%

Sharpe Ratio

SNAG

-0.87

Winner

IBGC

-0.27

5Y Beta

SNAG

4.79

Winner

IBGC

0.31

SNAG vs IBGC - Historical Returns

Returns include dividend reinvestment.

Period	SNAG	IBGC
1 month	-13.60%	-0.20%
3 months	+1.72%	N/A
6 months	-54.35%	N/A
Max(CAGR)	-81.63%	+1.05%

SNAG

-13.60%

Winner

IBGC

-0.20%

SNAG

+1.72%

IBGC

N/A

SNAG

-54.35%

IBGC

N/A

Max(CAGR)

SNAG

-81.63%

Winner

IBGC

+1.05%

SNAG vs IBGC - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	SNAG	IBGC
2026	-59.46%	+0.20%
2025	+11.30%	N/A

SNAG vs IBGC Drawdown Comparison

The maximum drawdown for SNAG was -81.94%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for IBGC was -4.29%, occurring on May 19, 2026. This drawdown has not yet recovered.

The current SNAG drawdown is -65.23%. The current IBGC drawdown is -1.88%.

Rank	SNAG	IBGC
#1	-81.94% Jan 6, 2026 - Mar 27, 2026	-4.29% Apr 14, 2026 - May 19, 2026
#2	-3.57% Dec 22, 2025 - Dec 30, 2025	-0.44% Apr 8, 2026 - Apr 14, 2026
#3	-1.52% Dec 18, 2025 - Dec 22, 2025	-0.36% Mar 26, 2026 - Mar 30, 2026
#4	N/A	-0.24% Mar 31, 2026 - Apr 2, 2026
#5	N/A	-0.20% Apr 2, 2026 - Apr 8, 2026

Correlation

Correlation between SNAG and IBGC is -0.90 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.90

-101