BAIG vs. ASMG

Last updated Jun 25, 2026

BAIG (Leverage Shares 2X Long BBAI Daily ETF) and ASMG (Leverage Shares 2X Long ASML Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. BAIG charges 0.78%/yr vs 0.75%/yr for ASMG.

Performance

BAIG vs. ASMG - Performance Comparison

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

Returns By Period

In the year-to-date period, BAIG achieves a -72.36% return, which is significantly lower than ASMG's 128.07% return.

BAIG

• 1D: -12.73%
• 1M: -34.72%
• YTD: -72.36%
• 6M: -78.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASMG

• 1D: -2.00%
• 1M: 11.41%
• YTD: 128.07%
• 6M: 129.18%
• 1Y: 248.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BAIG vs. ASMG - Yearly Performance Comparison

	2026 (YTD)	2025
BAIG Leverage Shares 2X Long BBAI Daily ETF	-72.36%	-37.11%
ASMG Leverage Shares 2X Long ASML Daily ETF	128.07%	86.60%

Correlation

The correlation between BAIG and ASMG is 0.29, 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 21, 2025	0.29

Return for Risk

BAIG vs. ASMG — Risk / Return Rank

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

BAIG

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

ASMG

ASMG Risk / Return Rank: 84
ASMG Sharpe Ratio Rank: 92
ASMG Sortino Ratio Rank: 75
ASMG Omega Ratio Rank: 70
ASMG Calmar Ratio Rank: 95
ASMG Martin Ratio Rank: 90

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.

BAIG vs. ASMG - Risk-Adjusted Trends Comparison

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

	BAIG	ASMG	Difference
Sharpe ratio: Return per unit of total volatility	—	2.88	—
Sortino ratio: Return per unit of downside risk	—	2.96	—
Omega ratio: Gain probability vs. loss probability	—	1.36	—
Calmar ratio: Return relative to maximum drawdown	—	7.25	—
Martin ratio: Return relative to average drawdown	—	17.93	—

Drawdowns

BAIG vs. ASMG - Drawdown Comparison

The maximum BAIG drawdown since its inception was -92.86%, which is greater than ASMG's maximum drawdown of -43.95%. Use the drawdown chart below to compare losses from any high point for BAIG and ASMG.

Drawdown Indicators

	BAIG	ASMG	Difference
Max Drawdown Largest peak-to-trough decline	-92.86%	-43.95%	-48.91%
Max Drawdown (1Y) Largest decline over 1 year	—	-34.56%	—
Current Drawdown Current decline from peak	-92.26%	-17.62%	-74.64%
Average Drawdown Average peak-to-trough decline	-64.43%	-12.93%	-51.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.95%	—

Volatility

Volatility by Period

	BAIG	ASMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	37.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	70.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	177.86%	87.47%	+90.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	177.86%	87.64%	+90.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	177.86%	87.64%	+90.22%

BAIG vs. ASMG - Expense Ratio Comparison

BAIG has a 0.78% expense ratio, which is higher than ASMG's 0.75% expense ratio.

Dividends

BAIG vs. ASMG - Dividend Comparison

BAIG's dividend yield for the trailing twelve months is around 19.77%, more than ASMG's 4.91% yield.

Position	TTM	2025
ASMG Leverage Shares 2X Long ASML Daily ETF	4.91%	11.20%
BAIG Leverage Shares 2X Long BBAI Daily ETF	19.77%	5.46%

Frequently Asked Questions

Can I hold both BAIG and ASMG in my portfolio?

BAIG and ASMG have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BAIG or ASMG?

On fees, ASMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BAIG or ASMG?

ASMG is cheaper with a 0.75% expense ratio, compared with 0.78% for BAIG.

Which ETF pays a higher dividend yield, BAIG or ASMG?

BAIG has the higher dividend yield at 19.77%, compared with 4.91% for ASMG.

What is the main difference between BAIG and ASMG?

Their fees differ too: 0.78% for BAIG and 0.75% for ASMG.