# GLGG (Leverage Shares 2X Long GLXY Daily ETF)

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

Three months to Sep 11, 2026: GLGG returned −58.4% where its own daily promise gave −56.4%, 2.0 points short.

## Key facts

- GLGG, what GLXY did: −26.9%, as of Sep 11, 2026.
- GLGG, what +2 times a day gives: −56.4%, as of Sep 11, 2026.
- GLGG, what the fund returned: −58.4%, as of Sep 11, 2026.
- GLGG, the fund itself cost: −2.0 pts, as of Sep 11, 2026.
- GLGG, net assets: $2m (issuer page, as of Sep 10, 2026).
- GLGG, expense ratio: 0.76% (485BPOS XBRL, Feb 27, 2026).

## GLGG over each window to Sep 11, 2026

| Window | Fund | GLXY | +2x the move | Difference | GLXY moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +24.9% | +15.8% | +31.5% | −6.6 pts | 81% |
| 3 months | −58.4% | −26.9% | −53.7% | −4.7 pts | 89% |
| 6 months | −26.9% | +9.2% | +18.3% | −45.3 pts | 89% |
| 1 year | −75.5% | −15.5% | −31.0% | −44.5 pts | 92% |
| Since launch | −65.6% | +2.1% | +4.3% | −69.9 pts | 91% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of GLXY, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.17 times, against +2 stated | ETFIQ |
| Underlying | GLXY | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $2m | issuer page, as of Sep 10, 2026 |
| Expense ratio | 0.76% | 485BPOS XBRL, Feb 27, 2026 |
| Launched | Aug 21, 2025 | ETFIQ |
| Underlying volatility over the window | 89% annualized | ETFIQ |

## Questions

### Did GLGG return +2 times GLXY?

Over the window to Sep 11, 2026, GLXY moved −26.9% and GLGG returned −58.4%. 2 times that move is −53.7%, so the fund came out 4.7 points short of it.

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

Because it resets daily. GLGG 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 GLXY ETF tracked its stated multiple most closely?

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

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