MOON vs. ARMH

Last updated Jun 4, 2026

MOON (Direxion Moonshot Innovators ETF) and ARMH (Arm Holdings PLC ADRhedged ETF) are both Technology Equities funds. MOON is passively managed, while ARMH is actively managed. MOON charges 0.65%/yr vs 0.19%/yr for ARMH.

Performance

MOON vs. ARMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Moonshot Innovators ETF (MOON) and Arm Holdings PLC ADRhedged ETF (ARMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MOON

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMH

• 1D: 2.87%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MOON vs. ARMH - Yearly Performance Comparison

	2026 (YTD)
MOON Direxion Moonshot Innovators ETF	0.00%
ARMH Arm Holdings PLC ADRhedged ETF	23.00%

Return for Risk

MOON vs. ARMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Moonshot Innovators ETF (MOON) and Arm Holdings PLC ADRhedged ETF (ARMH). 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.

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

Sharpe Ratios by Period

	MOON	ARMH	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	471,500.14	—

Drawdowns

Drawdown Indicators

	MOON	ARMH	Difference
Max Drawdown Largest peak-to-trough decline	—	-1.61%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-0.40%	—

Volatility

Volatility by Period

	MOON	ARMH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	113.00%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	113.00%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	113.00%	—

MOON vs. ARMH - Expense Ratio Comparison

MOON has a 0.65% expense ratio, which is higher than ARMH's 0.19% expense ratio.

Dividends

MOON vs. ARMH - Dividend Comparison

Neither MOON nor ARMH has paid dividends to shareholders.

Position	TTM	2024	2023	2022	2021
ARMH Arm Holdings PLC ADRhedged ETF	0.00%	0.00%	0.00%	0.00%	0.00%
MOON Direxion Moonshot Innovators ETF	0.00%	0.62%	1.41%	0.00%	1.64%

Frequently Asked Questions

Which ETF is better, MOON or ARMH?

On fees, ARMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MOON or ARMH?

ARMH is cheaper with a 0.19% expense ratio, compared with 0.65% for MOON.

Which ETF pays a higher dividend yield, MOON or ARMH?

MOON and ARMH have nearly identical dividend yields, around 0.00%.

What is the main difference between MOON and ARMH?

They also come from different issuers: Direxion and Precidian. Their fees differ too: 0.65% for MOON and 0.19% for ARMH.