ASMG vs. TSYX

Last updated Apr 1, 2026

Compare and contrast key facts about Leverage Shares 2X Long ASML Daily ETF (ASMG) and TSPY Lift ETF (TSYX).

ASMG and TSYX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ASMG is an actively managed fund by Leverage Shares. It was launched on Jan 14, 2025. TSYX is an actively managed fund by TappAlpha. It was launched on Jan 6, 2026.

Performance

ASMG vs. TSYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long ASML Daily ETF (ASMG) and TSPY Lift ETF (TSYX). The values are adjusted to include any dividend payments, if applicable.

ASMG vs. TSYX - Yearly Performance Comparison

	2026 (YTD)
ASMG Leverage Shares 2X Long ASML Daily ETF	7.79%
TSYX TSPY Lift ETF	-8.44%

Returns By Period

ASMG

• 1D: 10.26%
• 1M: -19.89%
• YTD: 40.33%
• 6M: 61.13%
• 1Y: 199.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSYX

• 1D: 4.07%
• 1M: -7.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASMG vs. TSYX - Expense Ratio Comparison

ASMG has a 0.75% expense ratio, which is lower than TSYX's 0.98% expense ratio.

TSYX

TSPY Lift ETF

ASMG

Leverage Shares 2X Long ASML Daily ETF

Return for Risk

ASMG vs. TSYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASMG

ASMG Risk / Return Rank: 93
ASMG Sharpe Ratio Rank: 95
ASMG Sortino Ratio Rank: 92
ASMG Omega Ratio Rank: 86
ASMG Calmar Ratio Rank: 98
ASMG Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASMG vs. TSYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long ASML Daily ETF (ASMG) and TSPY Lift ETF (TSYX). 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.

	ASMG	TSYX	Difference
Sharpe ratio Return per unit of total volatility	2.42	—	—
Sortino ratio Return per unit of downside risk	2.76	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	5.48	—	—
Martin ratio Return relative to average drawdown	14.51	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ASMG	TSYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	-1.61	+2.82

Correlation

The correlation between ASMG and TSYX is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ASMG vs. TSYX - Dividend Comparison

ASMG's dividend yield for the trailing twelve months is around 7.98%, more than TSYX's 3.46% yield.

	TTM	2025
ASMG Leverage Shares 2X Long ASML Daily ETF	7.98%	11.20%
TSYX TSPY Lift ETF	3.46%	0.00%

Drawdowns

ASMG vs. TSYX - Drawdown Comparison

The maximum ASMG drawdown since its inception was -43.95%, which is greater than TSYX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for ASMG and TSYX.

Drawdown Indicators

	ASMG	TSYX	Difference
Max Drawdown Largest peak-to-trough decline	-43.95%	-13.39%	-30.56%
Max Drawdown (1Y) Largest decline over 1 year	-34.56%	—	—
Current Drawdown Current decline from peak	-27.85%	-9.86%	-17.99%
Average Drawdown Average peak-to-trough decline	-13.57%	-3.75%	-9.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.05%	—	—

Volatility

Volatility by Period

	ASMG	TSYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	58.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	83.10%	20.22%	+62.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	82.32%	20.22%	+62.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.32%	20.22%	+62.10%