RDWU vs. ASMG

Last updated Jun 6, 2026

RDWU (T-REX 2X Long RDW Daily Target ETF) and ASMG (Leverage Shares 2X Long ASML Daily ETF) are both Leveraged Equities funds. RDWU is passively managed, while ASMG is actively managed. At a 0.29 correlation, their price movements are largely independent. RDWU charges 1.50%/yr vs 0.75%/yr for ASMG.

Performance

RDWU vs. ASMG - Performance Comparison

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

Returns By Period

RDWU

• 1D: -28.08%
• 1M: 180.82%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASMG

• 1D: -13.67%
• 1M: 9.21%
• YTD: 103.72%
• 6M: 90.04%
• 1Y: 264.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDWU vs. ASMG - Yearly Performance Comparison

	2026 (YTD)
RDWU T-REX 2X Long RDW Daily Target ETF	23.49%
ASMG Leverage Shares 2X Long ASML Daily ETF	19.13%

Correlation

The correlation between RDWU and ASMG is 0.29, 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 Feb 2, 2026	0.29

Return for Risk

RDWU vs. ASMG — Risk / Return Rank

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

ASMG

ASMG Risk / Return Rank: 84
ASMG Sharpe Ratio Rank: 93
ASMG Sortino Ratio Rank: 74
ASMG Omega Ratio Rank: 69
ASMG Calmar Ratio Rank: 95
ASMG Martin Ratio Rank: 89

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.

RDWU vs. ASMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long RDW Daily Target ETF (RDWU) 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.

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

Sharpe Ratios by Period

	RDWU	ASMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	1.63	-1.30

Drawdowns

RDWU vs. ASMG - Drawdown Comparison

The maximum RDWU drawdown since its inception was -66.94%, which is greater than ASMG's maximum drawdown of -43.95%. Use the drawdown chart below to compare losses from any high point for RDWU and ASMG.

Drawdown Indicators

	RDWU	ASMG	Difference
Max Drawdown Largest peak-to-trough decline	-66.94%	-43.95%	-22.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-34.56%	—
Current Drawdown Current decline from peak	-53.45%	-13.67%	-39.78%
Average Drawdown Average peak-to-trough decline	-43.19%	-13.24%	-29.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.87%	—

Volatility

Volatility by Period

	RDWU	ASMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	30.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	65.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	259.09%	82.45%	+176.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	259.09%	85.15%	+173.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	259.09%	85.15%	+173.94%

RDWU vs. ASMG - Expense Ratio Comparison

RDWU has a 1.50% expense ratio, which is higher than ASMG's 0.75% expense ratio.

Dividends

RDWU vs. ASMG - Dividend Comparison

RDWU has not paid dividends to shareholders, while ASMG's dividend yield for the trailing twelve months is around 5.50%.

Position	TTM	2025
ASMG Leverage Shares 2X Long ASML Daily ETF	5.50%	11.20%
RDWU T-REX 2X Long RDW Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both RDWU and ASMG in my portfolio?

RDWU and ASMG have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RDWU or ASMG?

On fees, ASMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RDWU or ASMG?

ASMG is cheaper with a 0.75% expense ratio, compared with 1.50% for RDWU.

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

ASMG has the higher dividend yield at 5.50%, compared with 0.00% for RDWU.

What is the main difference between RDWU and ASMG?

They also come from different issuers: T-Rex and Leverage Shares. Their fees differ too: 1.50% for RDWU and 0.75% for ASMG.