AUGM vs. MSOO

Last updated Jun 4, 2026

AUGM (FT Vest U.S. Equity Max Buffer ETF - August) and MSOO (Leverage Shares 2x Capped Accelerated MSTR Monthly ETF) are both Defined Outcome funds. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. AUGM charges 0.85%/yr vs 0.78%/yr for MSOO.

Performance

AUGM vs. MSOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Max Buffer ETF - August (AUGM) and Leverage Shares 2x Capped Accelerated MSTR Monthly ETF (MSOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AUGM achieves a 2.74% return, which is significantly higher than MSOO's -23.81% return.

AUGM

• 1D: -0.03%
• 1M: 0.85%
• YTD: 2.74%
• 6M: 3.18%
• 1Y: 7.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSOO

• 1D: -6.75%
• 1M: -28.26%
• YTD: -23.81%
• 6M: -38.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AUGM vs. MSOO - Yearly Performance Comparison

	2026 (YTD)	2025
AUGM FT Vest U.S. Equity Max Buffer ETF - August	2.74%	2.29%
MSOO Leverage Shares 2x Capped Accelerated MSTR Monthly ETF	-23.81%	-60.78%

Correlation

The correlation between AUGM and MSOO is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 14, 2025	0.47

Return for Risk

AUGM vs. MSOO — Risk / Return Rank

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

AUGM

AUGM Risk / Return Rank: 93
AUGM Sharpe Ratio Rank: 93
AUGM Sortino Ratio Rank: 95
AUGM Omega Ratio Rank: 95
AUGM Calmar Ratio Rank: 86
AUGM 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.

AUGM vs. MSOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Max Buffer ETF - August (AUGM) and Leverage Shares 2x Capped Accelerated MSTR Monthly ETF (MSOO). 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.

	AUGM	MSOO	Difference
Sharpe ratio: Return per unit of total volatility	3.37	—	—
Sortino ratio: Return per unit of downside risk	5.36	—	—
Omega ratio: Gain probability vs. loss probability	1.75	—	—
Calmar ratio: Return relative to maximum drawdown	4.73	—	—
Martin ratio: Return relative to average drawdown	26.17	—	—
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

	AUGM	MSOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.87	-1.13	+3.00

Drawdowns

AUGM vs. MSOO - Drawdown Comparison

The maximum AUGM drawdown since its inception was -4.27%, smaller than the maximum MSOO drawdown of -72.39%. Use the drawdown chart below to compare losses from any high point for AUGM and MSOO.

Drawdown Indicators

	AUGM	MSOO	Difference
Max Drawdown Largest peak-to-trough decline	-4.27%	-72.39%	+68.12%
Max Drawdown (1Y) Largest decline over 1 year	-1.62%	—	—
Current Drawdown Current decline from peak	-0.03%	-70.12%	+70.09%
Average Drawdown Average peak-to-trough decline	-0.35%	-47.41%	+47.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.29%	—	—

Volatility

Volatility by Period

	AUGM	MSOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.28%	69.25%	-66.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.55%	69.25%	-65.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.55%	69.25%	-65.70%

AUGM vs. MSOO - Expense Ratio Comparison

AUGM has a 0.85% expense ratio, which is higher than MSOO's 0.78% expense ratio.

Dividends

AUGM vs. MSOO - Dividend Comparison

AUGM has not paid dividends to shareholders, while MSOO's dividend yield for the trailing twelve months is around 2.13%.

Position	TTM	2025
AUGM FT Vest U.S. Equity Max Buffer ETF - August	0.00%	0.00%
MSOO Leverage Shares 2x Capped Accelerated MSTR Monthly ETF	2.13%	1.63%

Frequently Asked Questions

Can I hold both AUGM and MSOO in my portfolio?

AUGM and MSOO have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AUGM or MSOO?

On fees, MSOO is cheaper at 0.78% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AUGM or MSOO?

MSOO is cheaper with a 0.78% expense ratio, compared with 0.85% for AUGM.

Which ETF pays a higher dividend yield, AUGM or MSOO?

MSOO has the higher dividend yield at 2.13%, compared with 0.00% for AUGM.

What is the main difference between AUGM and MSOO?

They also come from different issuers: First Trust and Leverage Shares. Their fees differ too: 0.85% for AUGM and 0.78% for MSOO.