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Data as of .

ARMA vs ARMG: which held to its multiple?

Over the days both have traded, ARMA finished 3.0 points from its stated multiple and ARMG 3.1.

Corgi ARM 2x Daily ETF and Leverage Shares 2X Long ARM Daily ETF, side by side, leveraged ETFs on ETFIQ.

−52.1%ARMA returned, 3 months
−60.3%ARMG returned, 3 months
−1.4 ptsARMA from its stated multiple
+0.6 ptsARMG from its stated multiple
ARMA3 pts short of its label · 1 month to Sep 11, 2026
ARM −2.6% ×2 implies−5.2%ARMA returned−8.3%ARM −2.6% ×2 implies−5.2%ARMA returned−8.3%
ARMG0.6 pts over its label · 3 months to Sep 11, 2026
ARM −30.5% ×2 implies−60.9%ARMG returned−60.3%ARM −30.5% ×2 implies−60.9%ARMG returned−60.3%

Performance, window by window

ARMA and ARMG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnMultiple would giveDifference
ARMAARMGARMAARMGARMAARMG
1 month−8.3%−8.3%−5.2%−5.2%−3.0 pts−3.1 pts
3 monthsnot published−60.3%not published−60.9%not published+0.6 pts
6 monthsnot published+216.3%not publishednot meaningfulnot publishednot meaningful
1 yearnot published+48.6%not published+142.3%not published−93.7 pts
Since launch−52.1%+26.3%−50.6%+178.1%−1.4 pts−151.8 pts
Open the live comparison on ETFIQ
ARMA and ARMG on the same fields, as of Sep 11, 2026. Source: ETFIQ.
ARMA
Corgi ARM 2x Daily ETF
Aims to return twice the daily move of ARM
ARMG
Leverage Shares 2X Long ARM Daily ETF
Aims to return twice the daily move of ARM
IssuerCorgiLeverage Shares
Sets out to return+2x+2x
OnARMARM
Segmentcompanycompany
Fund returned, 3 months−8.3%−60.3%
Underlying returned, 3 months−2.6%−30.5%
What the stated multiple implies, 3 months−5.2%−60.9%
Difference from stated, 3 months−3.0 pts+0.6 pts
Fund returned, 1 year or since launch−52.1%+48.6%
Difference from stated, over that window−1.4 pts−93.7 pts
Underlying volatility51%80%
Difference over the days both have traded−3.0 pts−3.1 pts
Expense rationot published0.78%
LaunchedJun 30, 2026Jan 14, 2025

ARMA in plain words

One month to Sep 11, 2026: ARMA returned −8.3% where its own daily promise gave −7.3%, 1.0 points short. Read the multiple against the whole window instead and +2 times ARM's −2.6% implies −5.2%, which makes ARMA look 3.0 points short. 2.1 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. ARMA aims to return +2 times ARM's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. ARM moved at 51% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

ARMG in plain words

Three months to Sep 11, 2026: ARMG returned −60.3% where its own daily promise gave −58.6%, 1.7 points short. Read the multiple against the whole window instead and +2 times ARM's −30.5% implies −60.9%, which makes ARMG look 0.6 points over. 2.3 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. ARMG aims to return +2 times ARM's move each day, then resets. ARM moved at 80% annualized over that window.

Questions people ask

Which came closer to its stated multiple, ARMA or ARMG?
Over the window to Sep 11, 2026, ARMA finished 3.0 points from what its multiple implies and ARMG finished 0.6 points from its own, so ARMG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are ARMA and ARMG levered on the same thing?
Yes. Both are levered on ARM, ARMA at +2 times and ARMG at +2 times the daily move.
Which one decays faster, ARMA or ARMG?
Decay follows how much the underlying moves about. Over this window ARMA’s moved at 51% annualized and ARMG’s at 80%, so ARMG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold ARMA or ARMG for a year?
Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ARMA against ARMG, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ARMA against ARMG, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/ARMA-ARMG Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources