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

Leverage Shares · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: ARMG returned −41.0% where its own daily promise gave −38.3%, 2.7 points short.

## Key facts

- ARMG, what ARM did: −14.2%, as of Sep 30, 2026.
- ARMG, what 2 times a day gives: −38.3%, as of Sep 30, 2026.
- ARMG, what the fund returned: −41.0%, as of Sep 30, 2026.
- ARMG, the fund itself cost: −2.7 pts, as of Sep 30, 2026.
- ARMG, net assets: $53m (SEC N-PORT, whole fund, as filed for Jul 31, 2026).
- ARMG, expense ratio: 0.78% (485BPOS XBRL, Feb 27, 2026).

## ARMG over each window to Sep 30, 2026

| Window | Fund | ARM | +2x the move | Difference | ARM moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +32.1% | +19.7% | +39.5% | −7.3 pts | 92% |
| 3 months | −41.0% | −14.2% | −28.3% | −12.7 pts | 86% |
| 6 months | +106.0% | +86.8% | +173.6% | −67.6 pts | 98% |
| 1 year | +100.0% | +104.7% | not meaningful over this window | not meaningful over this window | 80% |
| Since launch | +40.8% | +106.8% | not meaningful over this window | not meaningful over this window | 74% |

## 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 | +2.89 times, against +2 stated | ETFIQ |
| Underlying | ARM | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $53m | SEC N-PORT, whole fund, as filed for Jul 31, 2026 |
| Expense ratio | 0.78% | 485BPOS XBRL, Feb 27, 2026 |
| Launched | Jan 14, 2025 | ETFIQ |
| Underlying volatility over the window | 86% annualized | ETFIQ |

## Questions

### Did ARMG return +2 times ARM?

Over the window to Sep 30, 2026, ARM moved −14.2% and ARMG returned −41.0%. 2 times that move is −28.3%, so the fund came out 12.7 points short 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 figure itself.


## Cite this page

ETFIQ, ARMG, data as of Sep 30, 2026. https://etfiq.com/funds/armg
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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