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Launched

Leverage Shares 2x Long ARM Daily ETF

ARMGNasdaqLeverageSharesBThis 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.

$9.06−0.87 (−8.76%)

At close: Nov 2, 2026, 4:00 PM ET

B65/ 100

Rank 18 of 380 in Single-Stock Long Leveraged

B65/100Rank 18 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 9.93 to 9.06. Range 9.06 to 9.94. Use the arrow keys to read each point.9.209.409.609.8010 AM12 PM2 PM4 PM
Expense ratio
0.78%
Fund size
$51M
1Y total return
−30.9%
Yield · Last 12 months
No data
Holdings
5
Avg volume · 30D
1.03M sh
52W range
low $4.63high $65.95
Launched

The ETF.net ARMG Grade

Based on 5 of 6 pillars

B

Score 65 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
18 of 380
Six-pillar profile for ARMG. Scores out of 100: Cost 60, Risk 52, Mission 100, Tradability 89, Holdings not scored, Durability 69. Strongest: Mission (100). Weakest: Risk (52). Based on 5 of 6 pillars.

Score 65 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B60 out of 100
    Rank 147 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C52 out of 100
    Rank 161 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A89 out of 100
    Rank 21 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B69 out of 100
    Rank 66 of 380

Our read on ARMG

ETF.net Research

In short

BArm Holdings, doubled by the day. ARMG aims for 200% of ARM's daily move, resets every night, and charges 0.78% a year, below the typical fee in the single-stock leveraged crowd.

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

  • Fee is 0.78% with no waiver holding it down, so the number shouldn't move. That undercuts the rival 2x ARM fund (ARMW, 1.00%) and sits below the category's typical charge.
  • It has tracked its stated 2x daily objective tightly, one of the stronger implementations in a category stuffed with hundreds of single-stock leveraged funds.
  • The leverage lives inside the fund: no margin account, no margin calls, and losses stop at the amount invested, per the issuer's fund summary.leverageshares.com
  • Actively traded on Nasdaq since its January 2025 launch, which matters for a product built to be bought and sold inside a single session.leverageshares.com

Worth knowing

  • The 2x target applies to one trading day. Hold longer and each day's return compounds: a choppy ARM that ends where it started can still leave the fund behind.sec.gov
  • The math cuts both ways at speed. Per the issuer, an ARM drop of more than 50% in one session would wipe out the full value of an investment.leverageshares.com
  • Everything rides on one chip-design company. The fund is non-diversified, so an ARM earnings gap or licensing headline lands here at double size.sec.gov

ARMG Performance

Launched Jan 14, 2025

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

Not enough history yet.Not enough history yet.Not enough history yet.
ARMG$6,905
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ARMG $6,905. SPY $11,199. Use the arrow keys to read each point.$10,000$20,000$30,000$40,000Oct 2025May 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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+74.2%
1 month−52.7%
3 months−39.9%
1 year−30.9%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+74.2%
2025−61.8%

Since listing, Jan 14, 2025

ARMG in the news

ARMG Dividends

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

$10,000 in ARMG 1 year ago paid $184 in dividends.

ARMG Risk

Risk pillarC52 out of 100Rank 161 of 368 in Single-Stock Long Leveraged

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.
175.0%
Annualised · 21 months to Oct 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.
0.47
vs 3-month T-bills · 21 months to Oct 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.
−84.1%
21 months · trough Oct 2026
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.

FMP measures it over up to five years of monthly returns.

ARMG Cost

Compare ARMG and GOGL

Overpaying vs GOGL, tied cheapest in Single-Stock Long Leveraged

$10,847

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ARMG 0.78%

    $15,002

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • ARMG 0.78%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ARMG $15,002GOGL $4,155

Year by year

YearARMGGOGLOverpaying
10$1,388$365$1,023
20$5,268$1,421$3,847
30$15,002$4,155$10,847

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