# ENTL (Leverage Shares 2X Long ENTG Daily ETF)

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

One month to Sep 11, 2026: ENTL returned −27.5% where its own daily promise gave −26.0%, 1.4 points short.

## Key facts

- ENTL, what ENTG did: −12.9%, as of Sep 11, 2026.
- ENTL, what +2 times a day gives: −26.0%, as of Sep 11, 2026.
- ENTL, what the fund returned: −27.5%, as of Sep 11, 2026.
- ENTL, the fund itself cost: −1.4 pts, as of Sep 11, 2026.
- ENTL, net assets: $172,000 (issuer page, as of Sep 10, 2026).
- ENTL, expense ratio: 0.75% (485BPOS XBRL, May 6, 2026).

## ENTL over each window to Sep 11, 2026

| Window | Fund | ENTG | +2x the move | Difference | ENTG moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −27.5% | −12.9% | −25.7% | −1.8 pts | 53% |
| Since launch | −43.5% | −16.5% | −33.0% | −10.5 pts | 80% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of ENTG, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.14 times, against +2 stated | ETFIQ |
| Underlying | ENTG | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $172,000 | issuer page, as of Sep 10, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, May 6, 2026 |
| Launched | Jun 23, 2026 | ETFIQ |
| Underlying volatility over the window | 53% annualized | ETFIQ |

## Questions

### Did ENTL return +2 times ENTG?

Over the window to Sep 11, 2026, ENTG moved −12.9% and ENTL returned −27.5%. 2 times that move is −25.7%, so the fund came out 1.8 points short of it.

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

Because it resets daily. ENTL 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.


## Cite this page

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

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