PLTG vs. ASMG

Last updated Jun 23, 2026

PLTG (Leverage Shares 2X Long PLTR Daily ETF) and ASMG (Leverage Shares 2X Long ASML Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. Over the past year, PLTG returned -50.52% vs 386.21% for ASMG. At a 0.20 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

PLTG vs. ASMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long PLTR Daily ETF (PLTG) 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, PLTG achieves a -63.47% return, which is significantly lower than ASMG's 176.24% return.

PLTG

• 1D: -14.03%
• 1M: -27.19%
• YTD: -63.47%
• 6M: -69.73%
• 1Y: -50.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASMG

• 1D: -0.22%
• 1M: 34.94%
• YTD: 176.24%
• 6M: 182.30%
• 1Y: 386.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTG vs. ASMG - Yearly Performance Comparison

	2026 (YTD)	2025
PLTG Leverage Shares 2X Long PLTR Daily ETF	-63.47%	100.70%
ASMG Leverage Shares 2X Long ASML Daily ETF	176.24%	116.86%

Correlation

The correlation between PLTG and ASMG is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Apr 25, 2025	0.20

Return for Risk

PLTG vs. ASMG — Risk / Return Rank

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

PLTG

PLTG Risk / Return Rank: 5
PLTG Sharpe Ratio Rank: 5
PLTG Sortino Ratio Rank: 6
PLTG Omega Ratio Rank: 6
PLTG Calmar Ratio Rank: 3
PLTG Martin Ratio Rank: 3

ASMG

ASMG Risk / Return Rank: 91
ASMG Sharpe Ratio Rank: 97
ASMG Sortino Ratio Rank: 86
ASMG Omega Ratio Rank: 80
ASMG Calmar Ratio Rank: 97
ASMG Martin Ratio Rank: 95

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.

PLTG vs. ASMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long PLTR Daily ETF (PLTG) 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.

	PLTG	ASMG	Difference
Sharpe ratio: Return per unit of total volatility	-0.49	4.52	-5.02
Sortino ratio: Return per unit of downside risk	-0.22	3.70	-3.91
Omega ratio: Gain probability vs. loss probability	0.97	1.45	-0.48
Calmar ratio: Return relative to maximum drawdown	-0.67	11.26	-11.94
Martin ratio: Return relative to average drawdown	-1.18	28.02	-29.19

PLTG vs. ASMG - Sharpe Ratio Comparison

The current PLTG Sharpe Ratio is -0.49, which is lower than the ASMG Sharpe Ratio of 4.52. The chart below compares the historical Sharpe Ratios of PLTG and ASMG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PLTG vs. ASMG - Drawdown Comparison

The maximum PLTG drawdown since its inception was -75.18%, which is greater than ASMG's maximum drawdown of -43.95%. Use the drawdown chart below to compare losses from any high point for PLTG and ASMG.

Drawdown Indicators

	PLTG	ASMG	Difference
Max Drawdown Largest peak-to-trough decline	-75.18%	-43.95%	-31.23%
Max Drawdown (1Y) Largest decline over 1 year	-75.18%	-34.56%	-40.62%
Current Drawdown Current decline from peak	-75.18%	-0.22%	-74.96%
Average Drawdown Average peak-to-trough decline	-31.87%	-12.91%	-18.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.89%	13.87%	+29.02%

Volatility

PLTG vs. ASMG - Volatility Comparison

Leverage Shares 2X Long PLTR Daily ETF (PLTG) has a higher volatility of 37.95% compared to Leverage Shares 2X Long ASML Daily ETF (ASMG) at 32.41%. This indicates that PLTG's price experiences larger fluctuations and is considered to be riskier than ASMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTG	ASMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	37.95%	32.41%	+5.54%
Volatility (6M) Calculated over the trailing 6-month period	79.00%	68.33%	+10.67%
Volatility (1Y) Calculated over the trailing 1-year period	102.87%	86.22%	+16.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	105.90%	86.79%	+19.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	105.90%	86.79%	+19.11%

PLTG vs. ASMG - Expense Ratio Comparison

Both PLTG and ASMG have an expense ratio of 0.75%.

Dividends

PLTG vs. ASMG - Dividend Comparison

PLTG's dividend yield for the trailing twelve months is around 49.65%, more than ASMG's 4.06% yield.

Position	TTM	2025
ASMG Leverage Shares 2X Long ASML Daily ETF	4.06%	11.20%
PLTG Leverage Shares 2X Long PLTR Daily ETF	49.65%	18.14%

Frequently Asked Questions

Can I hold both PLTG and ASMG in my portfolio?

PLTG and ASMG have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLTG or ASMG?

PLTG has higher volatility (37.95%) compared to ASMG (32.41%). In terms of maximum drawdown, PLTG dropped -75.18% vs ASMG's -43.95%.

Which ETF is better, PLTG or ASMG?

On 1-year performance, ASMG leads with 386.21% vs -50.52% for PLTG. Both ETFs have the same 0.75% expense ratio. On volatility, ASMG has been the lower-risk option at 32.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTG or ASMG?

Over the 1-year period, ASMG has performed better with a 386.21% return vs -50.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTG or ASMG?

PLTG and ASMG have the same expense ratio: 0.75% per year.

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

PLTG has the higher dividend yield at 49.65%, compared with 4.06% for ASMG.

Which has better risk-adjusted returns?

ASMG currently has the higher Sharpe Ratio (4.52 vs -0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.