RTXG vs. ASMG

Last updated Jun 24, 2026

RTXG (Leverage Shares 2X Long RTX 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, RTXG returned 41.48% vs 284.81% for ASMG. At a 0.13 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

RTXG vs. ASMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long RTX Daily ETF (RTXG) 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, RTXG achieves a -4.29% return, which is significantly lower than ASMG's 132.71% return.

RTXG

• 1D: 5.07%
• 1M: 9.01%
• YTD: -4.29%
• 6M: -6.71%
• 1Y: 41.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASMG

• 1D: -15.76%
• 1M: 13.68%
• YTD: 132.71%
• 6M: 134.72%
• 1Y: 284.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RTXG vs. ASMG - Yearly Performance Comparison

	2026 (YTD)	2025
RTXG Leverage Shares 2X Long RTX Daily ETF	-4.29%	60.90%
ASMG Leverage Shares 2X Long ASML Daily ETF	132.71%	78.77%

Correlation

The correlation between RTXG and ASMG is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (All Time) Calculated using the full available price history since Jun 6, 2025	0.13

Return for Risk

RTXG vs. ASMG — Risk / Return Rank

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

RTXG

RTXG Risk / Return Rank: 26
RTXG Sharpe Ratio Rank: 25
RTXG Sortino Ratio Rank: 28
RTXG Omega Ratio Rank: 27
RTXG Calmar Ratio Rank: 25
RTXG Martin Ratio Rank: 23

ASMG

ASMG Risk / Return Rank: 86
ASMG Sharpe Ratio Rank: 94
ASMG Sortino Ratio Rank: 77
ASMG Omega Ratio Rank: 71
ASMG Calmar Ratio Rank: 96
ASMG Martin Ratio Rank: 91

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.

RTXG vs. ASMG - Risk-Adjusted Trends Comparison

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

	RTXG	ASMG	Difference
Sharpe ratio: Return per unit of total volatility	0.84	3.28	-2.45
Sortino ratio: Return per unit of downside risk	1.46	3.14	-1.68
Omega ratio: Gain probability vs. loss probability	1.18	1.39	-0.21
Calmar ratio: Return relative to maximum drawdown	1.11	8.30	-7.19
Martin ratio: Return relative to average drawdown	2.78	20.59	-17.81

RTXG vs. ASMG - Sharpe Ratio Comparison

The current RTXG Sharpe Ratio is 0.84, which is lower than the ASMG Sharpe Ratio of 3.28. The chart below compares the historical Sharpe Ratios of RTXG 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

RTXG vs. ASMG - Drawdown Comparison

The maximum RTXG drawdown since its inception was -37.49%, smaller than the maximum ASMG drawdown of -43.95%. Use the drawdown chart below to compare losses from any high point for RTXG and ASMG.

Drawdown Indicators

	RTXG	ASMG	Difference
Max Drawdown Largest peak-to-trough decline	-37.49%	-43.95%	+6.46%
Max Drawdown (1Y) Largest decline over 1 year	-37.49%	-34.56%	-2.93%
Current Drawdown Current decline from peak	-26.83%	-15.94%	-10.89%
Average Drawdown Average peak-to-trough decline	-9.63%	-12.92%	+3.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.97%	13.90%	+1.07%

Volatility

RTXG vs. ASMG - Volatility Comparison

The current volatility for Leverage Shares 2X Long RTX Daily ETF (RTXG) is 18.81%, while Leverage Shares 2X Long ASML Daily ETF (ASMG) has a volatility of 37.34%. This indicates that RTXG experiences smaller price fluctuations and is considered to be less risky than ASMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RTXG	ASMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.81%	37.34%	-18.53%
Volatility (6M) Calculated over the trailing 6-month period	38.71%	70.58%	-31.87%
Volatility (1Y) Calculated over the trailing 1-year period	50.00%	87.62%	-37.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.19%	87.74%	-37.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.19%	87.74%	-37.55%

RTXG vs. ASMG - Expense Ratio Comparison

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

Dividends

RTXG vs. ASMG - Dividend Comparison

RTXG's dividend yield for the trailing twelve months is around 6.65%, more than ASMG's 4.81% yield.

Position	TTM	2025
ASMG Leverage Shares 2X Long ASML Daily ETF	4.81%	11.20%
RTXG Leverage Shares 2X Long RTX Daily ETF	6.65%	6.36%

Frequently Asked Questions

Can I hold both RTXG and ASMG in my portfolio?

RTXG and ASMG have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RTXG or ASMG?

ASMG has higher volatility (37.34%) compared to RTXG (18.81%). In terms of maximum drawdown, RTXG dropped -37.49% vs ASMG's -43.95%.

Which ETF is better, RTXG or ASMG?

On 1-year performance, ASMG leads with 284.81% vs 41.48% for RTXG. Both ETFs have the same 0.75% expense ratio. On volatility, RTXG has been the lower-risk option at 18.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RTXG or ASMG?

Over the 1-year period, ASMG has performed better with a 284.81% return vs 41.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RTXG or ASMG?

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

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

RTXG has the higher dividend yield at 6.65%, compared with 4.81% for ASMG.

Which has better risk-adjusted returns?

ASMG currently has the higher Sharpe Ratio (3.28 vs 0.83), 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.