KLAG vs. ARMG
KLAG (Leverage Shares 2X Long KLAC Daily ETF) and ARMG (Leverage Shares 2X Long ARM Daily ETF) are both Leveraged Equities funds from Leverage Shares. KLAG is passively managed, while ARMG is actively managed. Their 0.52 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.75% expense ratio.
Performance
KLAG vs. ARMG - Performance Comparison
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Returns By Period
In the year-to-date period, KLAG achieves a 58.32% return, which is significantly lower than ARMG's 190.00% return.
KLAG
- 1D
- 2.71%
- 1M
- -42.24%
- 6M
- 22.97%
- YTD
- 58.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ARMG
- 1D
- -1.25%
- 1M
- -46.26%
- 6M
- 220.35%
- YTD
- 190.00%
- 1Y
- 59.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.32%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $14.17M | $20.37M | $65.80M | |
| $2.72M | $5.08M | $4.54M |
KLAG vs. ARMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KLAG Leverage Shares 2X Long KLAC Daily ETF | 58.32% | -0.75% |
ARMG Leverage Shares 2X Long ARM Daily ETF | 190.00% | -9.53% |
Correlation
The correlation between KLAG and ARMG is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025 | 0.52 |
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Return for Risk
KLAG vs. ARMG — Risk / Return Rank
KLAG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ARMG
KLAG vs. ARMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long KLAC Daily ETF (KLAG) and Leverage Shares 2X Long ARM Daily ETF (ARMG). 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.
| KLAG | ARMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.19 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.66 | — |
| Martin ratioReturn relative to average drawdown | — | 1.23 | — |
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Drawdowns
KLAG vs. ARMG - Drawdown Comparison
The maximum KLAG drawdown since its inception was -70.99%, smaller than the maximum ARMG drawdown of -80.28%. Use the drawdown chart below to compare losses from any high point for KLAG and ARMG.
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Drawdown Indicators
| KLAG | ARMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.99% | -80.28% | +9.29% |
Max Drawdown (1Y)Largest decline over 1 year | — | -76.64% | — |
Current DrawdownCurrent decline from peak | -66.43% | -73.55% | +7.12% |
Average DrawdownAverage peak-to-trough decline | -19.57% | -52.13% | +32.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 41.08% | — |
Volatility
KLAG vs. ARMG - Volatility Comparison
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Volatility by Period
| KLAG | ARMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 50.86% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 128.29% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 138.36% | 149.49% | -11.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 138.36% | 145.42% | -7.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 138.36% | 145.42% | -7.06% |
KLAG vs. ARMG - Expense Ratio Comparison
Both KLAG and ARMG have an expense ratio of 0.75%.
Dividends
KLAG vs. ARMG - Dividend Comparison
KLAG has not paid dividends to shareholders, while ARMG's dividend yield for the trailing twelve months is around 1.68%.
| Position | TTM | 2025 |
|---|---|---|
ARMG Leverage Shares 2X Long ARM Daily ETF | 1.68% | 4.86% |
KLAG Leverage Shares 2X Long KLAC Daily ETF | 0.00% | 0.00% |
Frequently Asked Questions
KLAG and ARMG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
KLAG and ARMG have the same expense ratio: 0.75% per year.
ARMG has the higher dividend yield at 1.68%, compared with 0.00% for KLAG.
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