ARMG vs SPY
Leverage Shares 2X Long ARM Daily ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, ARMG or SPY?
Multi Alternative against Large Cap Blend.
SPY has a lower expense ratio. ARMG led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ARMG | SPY |
|---|---|---|
| Expense Ratio | 0.78% | 0.09%Best |
| AUM | $82M | $811.2B |
| Dividend Yield | 1.74% | 0.98% |
| Holdings | 12 | 1,515 |
| YTD Return | +241.85%Best | +12.70% |
| 1Y Return | +81.37%Best | +15.53% |
| 3Y Return (annualized) | - | +22.86% |
| 5Y Return (annualized) | - | +13.47% |
| Volatility (annualized) | 168.6% | 12.6%Best |
| Max Drawdown | -80.3% | -18.8%Best |
| $10,000 over 1.7 years | $14,310Best | $13,355 |
| Fund Family | Leverage Shares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Jan 14, 2025 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 14, 2025 to Oct 1, 2026 (1.7 years).
ARMG vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.7 years both funds cover.
ARMG vs SPY Performance
Leverage Shares 2X Long ARM Daily ETF (ARMG) is an ETF from Leverage Shares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year ARMG returned +81.37% while SPY returned +15.53%. Year to date, ARMG is up 241.85% versus a gain of 12.70% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARMG has been the more volatile fund, with annualized monthly volatility of 168.6% compared with 12.6% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -80.3% for ARMG and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ARMG charges 0.78% per year while SPY charges 0.09%. On a $10,000 position that is $78 vs $9 annually, a gap of $69 per year that compounds over a long holding period. On income, ARMG currently yields 1.74% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 1 holding in ARMG and 504 in SPY, totalling 15.4% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in ARMG and 504 in SPY, against full books of 12 and 1,515.
You are not choosing between two funds in isolation.
Whichever of ARMG and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ARMG or SPY?
ARMG has an expense ratio of 0.78% while SPY charges 0.09%. SPY is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, ARMG or SPY?
Over the past year ARMG returned +81.37% vs +15.53% for SPY, so ARMG leads on 1-year performance. Over the longest common window we track (2 years), ARMG annualized +23.47% vs +18.55% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ARMG or SPY?
ARMG has been the more volatile fund at 168.6% annualized versus 12.6% for SPY. Worst drawdown: ARMG -80.3% vs SPY -18.8%.
Should I hold both ARMG and SPY?
ARMG and SPY have a monthly-return correlation of 0.52, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ARMG or SPY?
ARMG yields 1.74% while SPY yields 0.98%, so ARMG currently pays the higher dividend yield.
Is SPY better than ARMG?
SPY has a lower expense ratio. ARMG led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.