TSYX vs. ARMG

Last updated Aug 1, 2026

TSYX (TSPY Lift ETF) and ARMG (Leverage Shares 2X Long ARM Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.58 correlation means they have sometimes moved together and sometimes differently. TSYX charges 0.98%/yr vs 0.75%/yr for ARMG.

Performance

TSYX vs. ARMG - Performance Comparison

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

Returns By Period

TSYX

• 1D: 0.83%
• 1M: 0.07%
• 6M: 5.30%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

ARMG

• 1D: -1.25%
• 1M: -46.26%
• 6M: 220.35%
• YTD: 190.00%
• 1Y: 59.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.32%

*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)
ARMG Leverage Shares 2X Long ARM Daily ETF	$14.17M	$20.37M	$65.80M
TSYX TSPY Lift ETF	$219.78K	$409.01K	$452.43K

TSYX vs. ARMG - Yearly Performance Comparison

	2026 (YTD)
TSYX TSPY Lift ETF	5.31%
ARMG Leverage Shares 2X Long ARM Daily ETF	160.73%

Correlation

The correlation between TSYX and ARMG is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 7, 2026	0.58

Return for Risk

TSYX vs. ARMG — Risk / Return Rank

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

TSYX

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

ARMG

ARMG Risk / Return Rank: 29
ARMG Sharpe Ratio Rank: 19
ARMG Sortino Ratio Rank: 45
ARMG Omega Ratio Rank: 41
ARMG Calmar Ratio Rank: 23
ARMG Martin Ratio Rank: 20

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.

TSYX vs. ARMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TSPY Lift ETF (TSYX) 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.

	TSYX	ARMG	Difference
Sharpe ratio: Return per unit of total volatility	—	0.35	—
Sortino ratio: Return per unit of downside risk	—	1.63	—
Omega ratio: Gain probability vs. loss probability	—	1.19	—
Calmar ratio: Return relative to maximum drawdown	—	0.66	—
Martin ratio: Return relative to average drawdown	—	1.23	—

Drawdowns

TSYX vs. ARMG - Drawdown Comparison

The maximum TSYX drawdown since its inception was -13.39%, smaller than the maximum ARMG drawdown of -80.28%. Use the drawdown chart below to compare losses from any high point for TSYX and ARMG.

Drawdown Indicators

	TSYX	ARMG	Difference
Max Drawdown Largest peak-to-trough decline	-13.39%	-80.28%	+66.89%
Max Drawdown (1Y) Largest decline over 1 year	—	-76.64%	—
Current Drawdown Current decline from peak	-2.52%	-73.55%	+71.03%
Average Drawdown Average peak-to-trough decline	-2.93%	-52.13%	+49.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	41.08%	—

Volatility

Volatility by Period

	TSYX	ARMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	50.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	128.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.33%	149.49%	-131.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.33%	145.42%	-127.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.33%	145.42%	-127.09%

TSYX vs. ARMG - Expense Ratio Comparison

TSYX has a 0.98% expense ratio, which is higher than ARMG's 0.75% expense ratio.

Dividends

TSYX vs. ARMG - Dividend Comparison

TSYX's dividend yield for the trailing twelve months is around 9.19%, more than ARMG's 1.68% yield.

Position	TTM	2025
ARMG Leverage Shares 2X Long ARM Daily ETF	1.68%	4.86%
TSYX TSPY Lift ETF	9.19%	0.00%

Frequently Asked Questions

Can I hold both TSYX and ARMG in my portfolio?

TSYX and ARMG have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSYX or ARMG?

On fees, ARMG 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, TSYX or ARMG?

ARMG is cheaper with a 0.75% expense ratio, compared with 0.98% for TSYX.

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

TSYX has the higher dividend yield at 9.19%, compared with 1.68% for ARMG.

What is the main difference between TSYX and ARMG?

They also come from different issuers: TappAlpha and Leverage Shares. Their fees differ too: 0.98% for TSYX and 0.75% for ARMG.