{"url":"https://etfiq.com/compare/leverage/asmg-vs-asmu","section":"compare","title":"ASMG vs ASMU: which held to its multiple? | ETFIQ","description":"ASMG sets out to return +2 times ASML each day and ASMU +2 times. Over the three months to Sep 30, 2026 they finished \u22127.6 pts and \u22127.0 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, ASMG or ASMU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, ASMG finished 7.6 points from what its multiple implies and ASMU finished 7.0 points from its own, so ASMU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are ASMG and ASMU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on ASML Holding, ASMG at +2 times and ASMU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, ASMG or ASMU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window ASMG\u2019s moved at 42% annualized and ASMU\u2019s at 42%, so ASMG has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold ASMG or ASMU for a year?","acceptedAnswer":{"@type":"Answer","text":"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\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, ASMG or ASMU?","acceptedAnswer":{"@type":"Answer","text":"ASMG charges 0.77% a year and ASMU charges 0.97%, so ASMG is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"ASMG vs ASMU","item":"https://etfiq.com/compare/leverage/asmg-vs-asmu"}]},{"@type":"WebPage","name":"ASMG vs ASMU: which held to its multiple?","description":"ASMG sets out to return +2 times ASML each day and ASMU +2 times. Over the three months to Sep 30, 2026 they finished \u22127.6 pts and \u22127.0 pts away.","url":"https://etfiq.com/compare/leverage/asmg-vs-asmu","dateModified":"2026-09-30","abstract":"Over the days both have traded, ASMG finished 7.6 points from its stated multiple and ASMU 7.0.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of ASMG and ASMU","description":"ASMG sets out to return +2 times ASML each day and ASMU +2 times. Over the three months to Sep 30, 2026 they finished \u22127.6 pts and \u22127.0 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/asmg-vs-asmu","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6497,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / ASMG vs ASMU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n ASMG vs ASMU: which held to its multiple?\n\n Over the days both have traded, ASMG finished 7.6 points from its stated multiple and ASMU 7.0.\n Copy this for sharing \n \n Leverage Shares 2X Long ASML Daily ETF and Direxion Daily ASML Bull 2X ETF.\n\n Download as PDF \n\n \u221210.7% ASMG returned, 3 months \n \u221210.1% ASMU returned, 3 months \n \u22127.6 pts ASMG from its stated multiple \n \u22127.0 pts ASMU from its stated multiple \n\n ETFIQ Decay Resistance Score: ASMU scores higher\n Did it keep ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/asmg-vs-asmu","a":{"ticker":"ASMG","name":"Leverage Shares 2X Long ASML Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ASMG returned \u221210.7% where its own daily promise gave \u22127.3%, 3.4 points short.","url":"https://etfiq.com/funds/asmg","key_facts":[{"label":"What ASML did","value":"\u22121.6%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22127.3%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221210.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$36m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.77%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 27, 2026"}]},"b":{"ticker":"ASMU","name":"Direxion Daily ASML Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ASMU returned \u221210.1% where its own daily promise gave \u22127.3%, 2.8 points short.","url":"https://etfiq.com/funds/asmu","key_facts":[{"label":"What ASML did","value":"\u22121.6%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22127.3%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221210.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$11m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.97%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/asmg-vs-asmu"}