TEXU vs. ARMG

Last updated Jul 21, 2026

TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) and ARMG (Leverage Shares 2X Long ARM Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.12, they often move in opposite directions.

Performance

TEXU vs. ARMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Energy Top 5 Bull 2X ETF (TEXU) and Leverage Shares 2X Long ARM Daily ETF (ARMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEXU achieves a 52.57% return, which is significantly lower than ARMG's 282.63% return.

TEXU

• 1D: 1.23%
• 1M: 8.43%
• 6M: 38.81%
• YTD: 52.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

ARMG

• 1D: 1.92%
• 1M: -65.10%
• 6M: 313.85%
• YTD: 282.63%
• 1Y: 57.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.66%

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

TEXU vs. ARMG - Yearly Performance Comparison

	2026 (YTD)	2025
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	52.57%	-1.42%
ARMG Leverage Shares 2X Long ARM Daily ETF	282.63%	-45.72%

Correlation

The correlation between TEXU and ARMG is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	-0.12

Return for Risk

TEXU vs. ARMG — Risk / Return Rank

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

TEXU

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

ARMG

ARMG Risk / Return Rank: 28
ARMG Sharpe Ratio Rank: 18
ARMG Sortino Ratio Rank: 42
ARMG Omega Ratio Rank: 40
ARMG Calmar Ratio Rank: 24
ARMG Martin Ratio Rank: 19

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.

TEXU vs. ARMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Energy Top 5 Bull 2X ETF (TEXU) and Leverage Shares 2X Long ARM Daily ETF (ARMG). 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.

	TEXU	ARMG	Difference
Sharpe ratio: Return per unit of total volatility	—	0.39	—
Sortino ratio: Return per unit of downside risk	—	1.67	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	0.84	—
Martin ratio: Return relative to average drawdown	—	1.40	—

Drawdowns

TEXU vs. ARMG - Drawdown Comparison

The maximum TEXU drawdown since its inception was -31.71%, smaller than the maximum ARMG drawdown of -80.28%. Use the drawdown chart below to compare losses from any high point for TEXU and ARMG.

Drawdown Indicators

	TEXU	ARMG	Difference
Max Drawdown Largest peak-to-trough decline	-31.71%	-80.28%	+48.57%
Max Drawdown (1Y) Largest decline over 1 year	—	-68.13%	—
Current Drawdown Current decline from peak	-20.62%	-65.10%	+44.48%
Average Drawdown Average peak-to-trough decline	-8.27%	-51.75%	+43.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	40.83%	—

Volatility

Volatility by Period

	TEXU	ARMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	46.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	123.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	40.63%	145.66%	-105.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.63%	144.13%	-103.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.63%	144.13%	-103.50%

Dividends

TEXU vs. ARMG - Dividend Comparison

TEXU's dividend yield for the trailing twelve months is around 1.44%, more than ARMG's 1.27% yield.

Position	TTM	2025
ARMG Leverage Shares 2X Long ARM Daily ETF	1.27%	4.86%
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	1.44%	0.67%

Frequently Asked Questions

Can I hold both TEXU and ARMG in my portfolio?

TEXU and ARMG have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, TEXU or ARMG?

TEXU has the higher dividend yield at 1.44%, compared with 1.27% for ARMG.

What is the main difference between TEXU and ARMG?

They also come from different issuers: Direxion and Leverage Shares.