ARMG vs. BRKL

Last updated Aug 4, 2026

ARMG (Leverage Shares 2X Long ARM Daily ETF) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their -0.31 correlation means they have often moved in opposite directions in the past. ARMG charges 0.75%/yr vs 0.45%/yr for BRKL.

Performance

ARMG vs. BRKL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long ARM Daily ETF (ARMG) and Corgi BRKB 2x Daily ETF (BRKL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ARMG

• 1D: -0.48%
• 1M: -46.52%
• 6M: 209.21%
• YTD: 188.60%
• 1Y: 58.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.97%

BRKL

• 1D: 0.36%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARMG Leverage Shares 2X Long ARM Daily ETF	$14.41M	$19.14M	$65.85M
BRKL Corgi BRKB 2x Daily ETF	$2.37K	$14.77K	$14.77K

ARMG vs. BRKL - Yearly Performance Comparison

	2026 (YTD)
ARMG Leverage Shares 2X Long ARM Daily ETF	-48.88%
BRKL Corgi BRKB 2x Daily ETF	1.84%

Correlation

The correlation between ARMG and BRKL is -0.31, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026	-0.31

Return for Risk

ARMG vs. BRKL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ARMG

ARMG Risk / Return Rank: 30
ARMG Sharpe Ratio Rank: 20
ARMG Sortino Ratio Rank: 44
ARMG Omega Ratio Rank: 41
ARMG Calmar Ratio Rank: 25
ARMG Martin Ratio Rank: 21

BRKL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARMG vs. BRKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long ARM Daily ETF (ARMG) and Corgi BRKB 2x Daily ETF (BRKL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ARMG	BRKL	Difference
Sharpe ratio: Return per unit of total volatility	0.40	—	—
Sortino ratio: Return per unit of downside risk	1.69	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	0.77	—	—
Martin ratio: Return relative to average drawdown	1.43	—	—

Drawdowns

ARMG vs. BRKL - Drawdown Comparison

The maximum ARMG drawdown since its inception was -80.28%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for ARMG and BRKL.

Drawdown Indicators

	ARMG	BRKL	Difference
Max Drawdown Largest peak-to-trough decline	-80.28%	-7.03%	-73.25%
Max Drawdown (1Y) Largest decline over 1 year	-76.64%	—	—
Current Drawdown Current decline from peak	-73.68%	0.00%	-73.68%
Average Drawdown Average peak-to-trough decline	-52.19%	-3.93%	-48.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.34%	—	—

Volatility

Volatility by Period

	ARMG	BRKL	Difference
Volatility (1M) Calculated over the trailing 1-month period	49.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	128.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	147.13%	30.17%	+116.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.23%	30.17%	+115.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.23%	30.17%	+115.06%

ARMG vs. BRKL - Expense Ratio Comparison

ARMG has a 0.75% expense ratio, which is higher than BRKL's 0.45% expense ratio.

Dividends

ARMG vs. BRKL - Dividend Comparison

ARMG's dividend yield for the trailing twelve months is around 1.69%, while BRKL has not paid dividends to shareholders.

Position	TTM	2025
ARMG Leverage Shares 2X Long ARM Daily ETF	1.69%	4.86%
BRKL Corgi BRKB 2x Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARMG and BRKL in my portfolio?

ARMG and BRKL have a correlation of -0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARMG or BRKL?

On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARMG or BRKL?

BRKL is cheaper with a 0.45% expense ratio, compared with 0.75% for ARMG.

Which ETF pays a higher dividend yield, ARMG or BRKL?

ARMG has the higher dividend yield at 1.69%, compared with 0.00% for BRKL.

What is the main difference between ARMG and BRKL?

They also come from different issuers: Leverage Shares and Corgi. Their fees differ too: 0.75% for ARMG and 0.45% for BRKL.