# AAPE (Leverage Shares 2X Long AAPL Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Sep 11, 2026

One month to Sep 11, 2026: AAPE returned +19.2% where its own daily promise gave +20.3%, 1.1 points short.

## Key facts

- AAPE, what AAPL did: +9.9%, as of Sep 11, 2026.
- AAPE, what +2 times a day gives: +20.3%, as of Sep 11, 2026.
- AAPE, what the fund returned: +19.2%, as of Sep 11, 2026.
- AAPE, the fund itself cost: −1.1 pts, as of Sep 11, 2026.
- AAPE, net assets: $710,100 (issuer page, as of Sep 10, 2026).
- AAPE, expense ratio: 0.75% (485BPOS XBRL, Jun 26, 2026).

## AAPE over each window to Sep 11, 2026

| Window | Fund | AAPL | +2x the move | Difference | AAPL moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +19.2% | +9.9% | +19.9% | −0.7 pts | 23% |
| Since launch | +10.0% | +7.0% | +14.1% | −4.1 pts | 29% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of AAPL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.93 times, against +2 stated | ETFIQ |
| Underlying | AAPL | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $710,100 | issuer page, as of Sep 10, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, Jun 26, 2026 |
| Launched | Jul 7, 2026 | ETFIQ |
| Underlying volatility over the window | 23% annualized | ETFIQ |

## Questions

### Did AAPE return +2 times AAPL?

Over the window to Sep 11, 2026, AAPL moved +9.9% and AAPE returned +19.2%. 2 times that move is +19.9%, so the fund came out 0.7 points short of it.

### Why does AAPE not return +2 times over a year?

Because it resets daily. AAPE aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x AAPL ETF tracked its stated multiple most closely?

5 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, AAPE, data as of Sep 11, 2026. https://etfiq.com/funds/AAPE
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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