Which came closer to its stated multiple, ARMA or ARMG?

Over the window to Sep 30, 2026, ARMA finished 11.6 points from what its multiple implies and ARMG finished 12.7 points from its own, so ARMA 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 86% annualized and ARMG’s at 86%, so ARMA 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.

Which is cheaper, ARMA or ARMG?

ARMA charges 0.45% a year and ARMG charges 0.78%, so ARMA is cheaper. Fees come from each fund's prospectus.

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ARMA vs ARMG: which held to its multiple?

Over the days both have traded, ARMA finished 11.6 points from its stated multiple and ARMG 12.7. Corgi ARM 2x Daily ETF and Leverage Shares 2X Long ARM Daily ETF.

−39.9%

ARMA returned, 3 months

−41.0%

ARMG returned, 3 months

−11.6 pts

ARMA from its stated multiple

−12.7 pts

ARMG from its stated multiple

ARMA · 3 months to Sep 30, 202611.6 pts short of its stated multiple

ARMA returned −39.9% while 2 times ARM's move would have been −28.3%

ARMG · 3 months to Sep 30, 202612.7 pts short of its stated multiple

ARMG returned −41.0% while 2 times ARM's move would have been −28.3%

ETFIQ Decay Resistance Score · ARMA scores higherDid it keep up with its own daily multiple, compounded day by day?

ARMA 82.7

ARMG 49

0.1, the lowest in this set99.9, the highest

A percentile among the 470 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →

Performance, window by window

	Total return		Multiple would give		Difference
Window	ARMA	ARMG	ARMA	ARMG	ARMA	ARMG
1 month	+32.5%	+32.1%	+39.5%	+39.5%	−7.0 pts	−7.3 pts
3 months	−39.9%	−41.0%	−28.3%	−28.3%	−11.6 pts	−12.7 pts
6 months	not published	+106.0%	not published	+173.6%	not published	−67.6 pts
1 year	not published	+100.0%	not published	not meaningful	not published	not meaningful
Since launch ARMA Jun 2026 · ARMG Jan 2025	−46.1%	+40.8%	−36.6%	not meaningful	−9.5 pts	not meaningful

ARMA and ARMG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

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

Issuer Corgi Leverage Shares

Sets out to return +2x +2x

Underlying asset ARM ARM

Segment company company

Fund returned, 3 months or since launch −39.9% −41.0%

Underlying returned, over that window −14.2% −14.2%

What the stated multiple implies, over that window −28.3% −28.3%

Difference from stated, over that window −11.6 pts −12.7 pts

Fund returned, 1 year or since launch −46.1% +100.0%

Difference from stated, over that window −9.5 pts not available

Underlying volatility 86% 86%

Difference over the days both have traded −11.6 pts −12.7 pts

Expense ratio 0.45% 0.78%

Launched Jun 30, 2026 Jan 14, 2025

Net assets $503,775 $53m

ARMA and ARMG on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ARMA in plain words

Three months to Sep 30, 2026: ARMA returned −39.9% where its own daily promise gave −38.3%, 1.6 points short. Read the multiple against the whole window instead and 2 times ARM's −14.2% implies −28.3%, which makes ARMA look 11.6 points short. 10.0 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 86% 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 30, 2026: ARMG returned −41.0% where its own daily promise gave −38.3%, 2.7 points short. Read the multiple against the whole window instead and 2 times ARM's −14.2% implies −28.3%, which makes ARMG look 12.7 points short. ARMG aims to return +2 times ARM's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, ARMA or ARMG?: Over the window to Sep 30, 2026, ARMA finished 11.6 points from what its multiple implies and ARMG finished 12.7 points from its own, so ARMA 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 86% annualized and ARMG’s at 86%, so ARMA 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.
Which is cheaper, ARMA or ARMG?: ARMA charges 0.45% a year and ARMG charges 0.78%, so ARMA is cheaper. Fees come from each fund's prospectus.

Other comparisons

ARMA on its own →ARMG on its own →How every figure is computed →Standards and sources →

Where these figures came from

ARMA filings on SEC EDGAR ↗ARMA prospectus with the expense ratio (SEC) ↗Corgi website ↗ARMG filings on SEC EDGAR ↗ARMG prospectus with the expense ratio (SEC) ↗Leverage Shares website ↗

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

Cite this page

ETFIQ, ARMA against ARMG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/arma-vs-armg

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.