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ARMG

GradeANASDAQ Global Market

Leverage Shares 2x Long ARM Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2025-01-14

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$28.06−0.31 (−1.09%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Jan 14, 2025.
Intraday session: down, 59 prints from 28.37 to 28.06. Range 26.99 to 28.78. Use the arrow keys to read each point.$27.00$27.50$28.5010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$92M
1Y return
+159.3%
Yield · Last 12 months
Data unavailable
Holdings
5
Volume · 30D
1.8M sh
NAV per share
$26.73
52W range
low $4.63high $65.95

The ETF.net ARMG Grade

A

70/ 100

Rank 6 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for ARMG. Scores out of 100: Cost 67, Risk 60, Mission 99, Tradability 90, Holdings not scored, Durability 69. Strongest: Mission (99). Weakest: Risk (60). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 70 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank95/380 · top 25%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 99
    Category rank5/147 · top 3%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 60
    Category rank89/285 · top 31%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 90
    Category rank16/380 · top 4%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 69
    Category rank70/380 · top 18%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on ARMG

ETF.net Research

ATwo ETFs offer 2x daily exposure to Arm Holdings. ARMG is the cheaper one, charging 0.75% to track 200% of Arm's daily move, and it has hit that target closely.

Stated mandate

The fund seeks daily investment results equal to 200% of the daily performance of Arm Holdings plc stock, before fees and expenses.

Why people hold it

  1. 010.75% a year undercuts both the rival 2x ARM fund (ARMW, 0.99%) and the roughly 1% typical for leveraged single-stock bull funds.
  2. 02Hitting 200% of one stock's daily move is a narrow, measurable job, and ARMG has tracked it tightly: one of the strongest implementations in its peer group.
  3. 03Actively traded, and part of a Leverage Shares 2x single-stock lineup (AMDG, ASMG, UNHG) that shares the same 0.75% fee.

Worth knowing

  1. 01The 2x target resets daily. Hold longer and compounding takes over, so results can drift far from twice Arm's move, especially in choppy stretches.
  2. 02One stock, doubled. Every earnings print, licensing headline and AI-chip mood swing at Arm lands here at twice the size, with nothing to cushion it.
  3. 03Launched in 2025, so there is only a short live record behind it.

ARMG Holdings

As of Sep 21, 2026, 6:58 PM
Asset class
Stocks
Holdings
5
Top-10 weight
215%
Largest holding
ARM HOLDINGS SWAP - L - CS86.8%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—ARM HOLDINGS SWAP - L - CS86.83%204,732$50M1
002—ARM HOLDINGS SWAP - L - MAR73.59%173,525$42M1
003—ARM HOLDINGS SWAP - L - CF21.13%49,820$12M1
004—ARM HOLDINGS PLC-SWAP-NBCB-L18.45%43,500$11M1
005—First American Treasury Obligations Fund 01/01/204015.36%8,814,084$9M147

Showing 1–5 of 5 holdings

ARMG Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ARMG$25,925
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. ARMG $25,925. SPY $11,723. Use the arrow keys to read each point.$695$29,311$57,926Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ARMG. Periods over one year show the average yearly return.
PeriodARMG
Year to date+397.7%
1 month+74.2%
3 months−46.9%
1 year+159.3%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ARMG
YearReturn barARMG
2026 YTD+397.7%
2025−61.8%

Since listing, Jan 14, 2025

ARMG in the news

ETF.net Research hasn’t filed on ARMG yet — coverage lands here as it’s written.

ARMG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.28 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.28. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 2, 2026$0.28

ARMG Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
176.6%
Annualised · 19 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.59
vs 3-month T-bills · 19 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−80.3%
20 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
6.89
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ARMG Cost

Expense ratio0.75%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

85 of the 329 Single-Stock Long Leveraged funds charge less.

ARMG costs $75.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.