NIOG vs. ASMG
NIOG (Leverage Shares 2X Long NIO Daily ETF) and ASMG (Leverage Shares 2X Long ASML Daily ETF) are both Leveraged Equities funds from Leverage Shares. NIOG is passively managed, while ASMG is actively managed. At a 0.26 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
NIOG vs. ASMG - Performance Comparison
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Returns By Period
In the year-to-date period, NIOG achieves a -24.92% return, which is significantly lower than ASMG's 128.07% return.
NIOG
- 1D
- -6.74%
- 1M
- -14.17%
- YTD
- -24.92%
- 6M
- -20.30%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ASMG
- 1D
- -2.00%
- 1M
- 11.41%
- YTD
- 128.07%
- 6M
- 129.18%
- 1Y
- 248.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NIOG vs. ASMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NIOG Leverage Shares 2X Long NIO Daily ETF | -24.92% | 3.25% |
ASMG Leverage Shares 2X Long ASML Daily ETF | 128.07% | 10.53% |
Correlation
The correlation between NIOG and ASMG is 0.26, 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 Dec 18, 2025 | 0.26 |
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Return for Risk
NIOG vs. ASMG — Risk / Return Rank
NIOG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ASMG
NIOG vs. ASMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NIO Daily ETF (NIOG) 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.
| NIOG | ASMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.36 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 7.25 | — |
| Martin ratioReturn relative to average drawdown | — | 17.93 | — |
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Drawdowns
NIOG vs. ASMG - Drawdown Comparison
The maximum NIOG drawdown since its inception was -52.95%, which is greater than ASMG's maximum drawdown of -43.95%. Use the drawdown chart below to compare losses from any high point for NIOG and ASMG.
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Drawdown Indicators
| NIOG | ASMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.95% | -43.95% | -9.00% |
Max Drawdown (1Y)Largest decline over 1 year | — | -34.56% | — |
Current DrawdownCurrent decline from peak | -52.95% | -17.62% | -35.33% |
Average DrawdownAverage peak-to-trough decline | -22.49% | -12.93% | -9.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 13.95% | — |
Volatility
NIOG vs. ASMG - Volatility Comparison
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Volatility by Period
| NIOG | 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 | 115.64% | 87.47% | +28.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 115.64% | 87.64% | +28.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 115.64% | 87.64% | +28.00% |
NIOG vs. ASMG - Expense Ratio Comparison
Both NIOG and ASMG have an expense ratio of 0.75%.
Dividends
NIOG vs. ASMG - Dividend Comparison
NIOG has not paid dividends to shareholders, while ASMG's dividend yield for the trailing twelve months is around 4.91%.
| Position | TTM | 2025 |
|---|---|---|
ASMG Leverage Shares 2X Long ASML Daily ETF | 4.91% | 11.20% |
NIOG Leverage Shares 2X Long NIO Daily ETF | 0.00% | 0.00% |
Frequently Asked Questions
NIOG and ASMG have a correlation of 0.26, 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.
NIOG and ASMG have the same expense ratio: 0.75% per year.
ASMG has the higher dividend yield at 4.91%, compared with 0.00% for NIOG.
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