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ASMG

GradeANASDAQ Global Market

Leverage Shares 2x Long ASML 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.

$45.72−0.72 (−1.55%)

As of Sep 23, 2026, 3:04 PM EDT

History starts Jan 14, 2025.
Intraday session: down, 57 prints from 46.44 to 45.72. Range 44.30 to 45.89. Use the arrow keys to read each point.$44.50$45.00$45.50$46.0010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$32M
1Y return
+140.6%
Yield · Last 12 months
Data unavailable
Holdings
4
Volume · 30D
0.1M sh
NAV per share
$44.64
52W range
low $20.17high $65.82

The ETF.net ASMG Grade

A

71/ 100

Rank 4 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for ASMG. Scores out of 100: Cost 67, Risk 82, Mission 98, Tradability 72, Holdings not scored, Durability 66. Strongest: Mission (98). Weakest: Durability (66). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 71 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 rank96/380 · top 25%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 98
    Category rank16/147 · top 11%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 82
    Category rank22/285 · top 8%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 72
    Category rank75/380 · top 20%

  • 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 66
    Category rank88/380 · top 23%

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

Our read on ASMG

ETF.net Research

AA one-day bet on ASML, doubled. ASMG aims to deliver 2x ASML's daily move, resets the clock every night, and charges 0.75%, below the going rate in the 2x single-stock aisle.

Stated mandate

The fund seeks to deliver twice the daily performance of ASML stock, before fees and expenses, for short-term leveraged exposure.

Why people hold it

  1. 010.75% a year undercuts the typical fee in its category and sits below Direxion's 2x bull funds like GGLL and AAPU at 0.96%.
  2. 02It has hit its 2x daily target closely, one of the tighter implementations among leveraged single-stock bull funds.
  3. 03A plain 1940 Act ETF: doubled exposure in an ordinary brokerage account, no margin agreement, no options approval, no chance of owing more than you put in.

Worth knowing

  1. 01The 2x objective applies to a single day. Hold through a choppy stretch and compounding can leave the result well away from 2x ASML's move over that span.
  2. 02One company carries the entire fund, and the leverage doubles the bad days as well as the good ones.
  3. 03Launched in 2025 and less heavily traded than the category's giants, so limit orders matter and spreads can widen.

ASMG Holdings

As of Sep 21, 2026, 6:57 PM
Asset class
Stocks
Holdings
4
Top-10 weight
212%
Largest holding
ASML HOLDING NV SWAP - L - CLEARSTREET121.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—ASML HOLDING NV SWAP - L - CLEARSTREET121.69%24,270$43M1
002—ASML HOLDING NV SWAP - L - MAREX49.44%9,860$17M1
003—ASML HOLDING NV SWAP - L - CANTOR28.84%5,752$10M1
004—First American Treasury Obligations Fund 01/01/204012.20%4,290,374$4M147

Showing 1–4 of 4 holdings

ASMG Performance

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

ASMG$24,056
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. ASMG $24,056. SPY $11,723. Use the arrow keys to read each point.$7,591$21,655$35,719Sep 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 ASMG. Periods over one year show the average yearly return.
PeriodASMG
Year to date+105.6%
1 month−4.5%
3 months−25.6%
1 year+140.6%
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 ASMG
YearReturn barASMG
2026 YTD+105.6%
2025+63.4%

Since listing, Jan 14, 2025

ASMG in the news

ASMG 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
$2.53 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 $2.53. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 2, 2026$2.53

ASMG 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.
97.3%
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.
1.15
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.
−43.9%
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.
2.95
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.

ASMG 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.

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