# ARMG (Leverage Shares 2X Long ARM Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: ARMG returned −60.3% where its own daily promise gave −58.6%, 1.7 points short.

## Key facts

- ARMG, what ARM did: −30.5%, as of Sep 11, 2026.
- ARMG, what +2 times a day gives: −58.6%, as of Sep 11, 2026.
- ARMG, what the fund returned: −60.3%, as of Sep 11, 2026.
- ARMG, the fund itself cost: −1.7 pts, as of Sep 11, 2026.
- ARMG, net assets: $64m (source, as filed for Apr 30, 2026).
- ARMG, expense ratio: 0.78% (485BPOS XBRL, Feb 27, 2026).

## ARMG over each window to Sep 11, 2026

| Window | Fund | ARM | +2x the move | Difference | ARM moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −8.3% | −2.6% | −5.2% | −3.1 pts | 51% |
| 3 months | −60.3% | −30.5% | −60.9% | +0.6 pts | 80% |
| 6 months | +216.3% | +128.8% | not meaningful over this window | not meaningful over this window | 96% |
| 1 year | +48.6% | +71.2% | +142.3% | −93.7 pts | 76% |
| Since launch | +26.3% | +89.0% | +178.1% | −151.8 pts | 72% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of ARM, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.98 times, against +2 stated | ETFIQ |
| Underlying | ARM | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $64m | source, as filed for Apr 30, 2026 |
| Expense ratio | 0.78% | 485BPOS XBRL, Feb 27, 2026 |
| Launched | Jan 14, 2025 | ETFIQ |
| Underlying volatility over the window | 80% annualized | ETFIQ |

## Questions

### Did ARMG return +2 times ARM?

Over the window to Sep 11, 2026, ARM moved −30.5% and ARMG returned −60.3%. 2 times that move is −60.9%, so the fund came out 0.6 points ahead of it.

### Why does ARMG not return +2 times over a year?

Because it resets daily. ARMG aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x ARM ETF tracked its stated multiple most closely?

2 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, ARMG, data as of Sep 11, 2026. https://etfiq.com/funds/ARMG
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/ARMG  ·  JSON: https://etfiq.com/funds/ARMG.json