PLUL vs. ASMG

Last updated Aug 1, 2026

PLUL (Leverage Shares 2X Long PLUG Daily ETF) and ASMG (Leverage Shares 2X Long ASML Daily ETF) are both Leveraged Equities funds from Leverage Shares. PLUL is passively managed, while ASMG is actively managed. Their 0.32 correlation means their historical movements had little consistent relationship. Both charge a 0.75% expense ratio.

Performance

PLUL vs. ASMG - Performance Comparison

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

Returns By Period

PLUL

• 1D: -2.81%
• 1M: -42.30%
• 6M: -39.57%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

ASMG

• 1D: -2.63%
• 1M: -17.29%
• 6M: 9.24%
• YTD: 86.81%
• 1Y: 307.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 105.67%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ASMG Leverage Shares 2X Long ASML Daily ETF	$3.03M	$5.30M	$5.99M
PLUL Leverage Shares 2X Long PLUG Daily ETF	$198.99K	$358.88K	$1.33M

PLUL vs. ASMG - Yearly Performance Comparison

	2026 (YTD)
PLUL Leverage Shares 2X Long PLUG Daily ETF	-50.55%
ASMG Leverage Shares 2X Long ASML Daily ETF	32.96%

Correlation

The correlation between PLUL and ASMG is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026	0.32

Return for Risk

PLUL vs. ASMG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PLUL

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

ASMG

ASMG Risk / Return Rank: 93
ASMG Sharpe Ratio Rank: 97
ASMG Sortino Ratio Rank: 90
ASMG Omega Ratio Rank: 86
ASMG Calmar Ratio Rank: 97
ASMG Martin Ratio Rank: 96

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PLUL vs. ASMG - Risk-Adjusted Trends Comparison

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

	PLUL	ASMG	Difference
Sharpe ratio: Return per unit of total volatility	—	3.29	—
Sortino ratio: Return per unit of downside risk	—	3.13	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	7.35	—
Martin ratio: Return relative to average drawdown	—	22.78	—

Drawdowns

PLUL vs. ASMG - Drawdown Comparison

The maximum PLUL drawdown since its inception was -81.17%, which is greater than ASMG's maximum drawdown of -43.95%. Use the drawdown chart below to compare losses from any high point for PLUL and ASMG.

Drawdown Indicators

	PLUL	ASMG	Difference
Max Drawdown Largest peak-to-trough decline	-81.17%	-43.95%	-37.22%
Max Drawdown (1Y) Largest decline over 1 year	—	-41.10%	—
Current Drawdown Current decline from peak	-78.15%	-35.29%	-42.86%
Average Drawdown Average peak-to-trough decline	-35.63%	-13.54%	-22.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.24%	—

Volatility

Volatility by Period

	PLUL	ASMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	29.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	74.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	175.68%	92.16%	+83.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	175.68%	89.81%	+85.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	175.68%	89.81%	+85.87%

PLUL vs. ASMG - Expense Ratio Comparison

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

Dividends

PLUL vs. ASMG - Dividend Comparison

PLUL has not paid dividends to shareholders, while ASMG's dividend yield for the trailing twelve months is around 6.00%.

Position	TTM	2025
ASMG Leverage Shares 2X Long ASML Daily ETF	6.00%	11.20%
PLUL Leverage Shares 2X Long PLUG Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both PLUL and ASMG in my portfolio?

PLUL and ASMG have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PLUL or ASMG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PLUL or ASMG?

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

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

ASMG has the higher dividend yield at 6.00%, compared with 0.00% for PLUL.