XDSQ vs. ARMG

Last updated Jun 26, 2026

XDSQ (Innovator US Equity Accelerated ETF) and ARMG (Leverage Shares 2X Long ARM Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, XDSQ returned 14.87% vs 167.15% for ARMG. A 0.52 correlation means they provide meaningful diversification when combined. XDSQ charges 0.79%/yr vs 0.75%/yr for ARMG.

Performance

XDSQ vs. ARMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator US Equity Accelerated ETF (XDSQ) 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, XDSQ achieves a 3.09% return, which is significantly lower than ARMG's 567.54% return.

XDSQ

• 1D: -0.01%
• 1M: 0.67%
• YTD: 3.09%
• 6M: 1.78%
• 1Y: 14.87%
• 3Y*: 14.49%
• 5Y*: 9.69%
• 10Y*: —

ARMG

• 1D: -6.53%
• 1M: 1.90%
• YTD: 567.54%
• 6M: 539.79%
• 1Y: 167.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XDSQ vs. ARMG - Yearly Performance Comparison

	2026 (YTD)	2025
XDSQ Innovator US Equity Accelerated ETF	3.09%	14.73%
ARMG Leverage Shares 2X Long ARM Daily ETF	567.54%	-62.65%

Correlation

The correlation between XDSQ and ARMG is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jan 14, 2025	0.52

The correlation between XDSQ and ARMG has been stable across timeframes, ranging from 0.45 to 0.52 - a consistent structural relationship.

Return for Risk

XDSQ vs. ARMG — Risk / Return Rank

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

XDSQ

XDSQ Risk / Return Rank: 45
XDSQ Sharpe Ratio Rank: 46
XDSQ Sortino Ratio Rank: 43
XDSQ Omega Ratio Rank: 54
XDSQ Calmar Ratio Rank: 34
XDSQ Martin Ratio Rank: 50

ARMG

ARMG Risk / Return Rank: 47
ARMG Sharpe Ratio Rank: 37
ARMG Sortino Ratio Rank: 56
ARMG Omega Ratio Rank: 52
ARMG Calmar Ratio Rank: 58
ARMG Martin Ratio Rank: 32

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.

XDSQ vs. ARMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator US Equity Accelerated ETF (XDSQ) 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.

	XDSQ	ARMG	Difference
Sharpe ratio: Return per unit of total volatility	1.42	1.19	+0.23
Sortino ratio: Return per unit of downside risk	1.97	2.33	-0.37
Omega ratio: Gain probability vs. loss probability	1.30	1.29	+0.01
Calmar ratio: Return relative to maximum drawdown	1.56	2.47	-0.91
Martin ratio: Return relative to average drawdown	7.42	4.29	+3.13

XDSQ vs. ARMG - Sharpe Ratio Comparison

The current XDSQ Sharpe Ratio is 1.42, which is comparable to the ARMG Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of XDSQ and ARMG, 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

XDSQ vs. ARMG - Drawdown Comparison

The maximum XDSQ drawdown since its inception was -26.06%, smaller than the maximum ARMG drawdown of -80.28%. Use the drawdown chart below to compare losses from any high point for XDSQ and ARMG.

Drawdown Indicators

	XDSQ	ARMG	Difference
Max Drawdown Largest peak-to-trough decline	-26.06%	-80.28%	+54.22%
Max Drawdown (1Y) Largest decline over 1 year	-9.60%	-68.13%	+58.53%
Max Drawdown (3Y) Largest decline over 3 years	-19.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.06%	—	—
Current Drawdown Current decline from peak	-0.01%	-39.11%	+39.10%
Average Drawdown Average peak-to-trough decline	-4.91%	-51.69%	+46.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	39.14%	-37.13%

Volatility

XDSQ vs. ARMG - Volatility Comparison

The current volatility for Innovator US Equity Accelerated ETF (XDSQ) is 0.59%, while Leverage Shares 2X Long ARM Daily ETF (ARMG) has a volatility of 71.47%. This indicates that XDSQ experiences smaller price fluctuations and is considered to be less risky than ARMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDSQ	ARMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.59%	71.47%	-70.88%
Volatility (6M) Calculated over the trailing 6-month period	7.96%	117.72%	-109.76%
Volatility (1Y) Calculated over the trailing 1-year period	10.50%	141.38%	-130.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.28%	143.56%	-128.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.01%	143.56%	-128.55%

XDSQ vs. ARMG - Expense Ratio Comparison

XDSQ has a 0.79% expense ratio, which is higher than ARMG's 0.75% expense ratio.

Dividends

XDSQ vs. ARMG - Dividend Comparison

XDSQ has not paid dividends to shareholders, while ARMG's dividend yield for the trailing twelve months is around 0.73%.

Position	TTM	2025
ARMG Leverage Shares 2X Long ARM Daily ETF	0.73%	4.86%
XDSQ Innovator US Equity Accelerated ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both XDSQ and ARMG in my portfolio?

XDSQ and ARMG have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XDSQ or ARMG?

ARMG has higher volatility (71.47%) compared to XDSQ (0.59%). In terms of maximum drawdown, XDSQ dropped -26.06% vs ARMG's -80.28%.

Which ETF is better, XDSQ or ARMG?

On 1-year performance, ARMG leads with 167.15% vs 14.87% for XDSQ. On fees, ARMG is cheaper at 0.75% per year. On volatility, XDSQ has been the lower-risk option at 0.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XDSQ or ARMG?

Over the 1-year period, ARMG has performed better with a 167.15% return vs 14.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XDSQ or ARMG?

ARMG is cheaper with a 0.75% expense ratio, compared with 0.79% for XDSQ.

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

ARMG has the higher dividend yield at 0.73%, compared with 0.00% for XDSQ.

What is the main difference between XDSQ and ARMG?

They also come from different issuers: Innovator and Leverage Shares. Their fees differ too: 0.79% for XDSQ and 0.75% for ARMG.

Which has better risk-adjusted returns?

XDSQ currently has the higher Sharpe Ratio (1.42 vs 1.19), 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.