# GLWG (Leverage Shares 2X Long GLW Daily ETF)

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

Three months to Sep 11, 2026: GLWG returned −32.5% where its own daily promise gave −29.8%, 2.7 points short.

## Key facts

- GLWG, what GLW did: −7.0%, as of Sep 11, 2026.
- GLWG, what +2 times a day gives: −29.8%, as of Sep 11, 2026.
- GLWG, what the fund returned: −32.5%, as of Sep 11, 2026.
- GLWG, the fund itself cost: −2.7 pts, as of Sep 11, 2026.
- GLWG, net assets: $136m (issuer page, as of Sep 10, 2026).
- GLWG, expense ratio: 0.75% (485BPOS XBRL, Jan 9, 2026).

## GLWG over each window to Sep 11, 2026

| Window | Fund | GLW | +2x the move | Difference | GLW moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −4.7% | −0.4% | −0.9% | −3.9 pts | 60% |
| 3 months | −32.5% | −7.0% | −13.9% | −18.6 pts | 91% |
| 6 months | +8.7% | +29.3% | +58.6% | −49.9 pts | 86% |
| Since launch | −3.0% | +22.6% | +45.1% | −48.2 pts | 85% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of GLW, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +4.66 times, against +2 stated | ETFIQ |
| Underlying | GLW | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $136m | issuer page, as of Sep 10, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, Jan 9, 2026 |
| Launched | Mar 10, 2026 | ETFIQ |
| Underlying volatility over the window | 91% annualized | ETFIQ |

## Questions

### Did GLWG return +2 times GLW?

Over the window to Sep 11, 2026, GLW moved −7.0% and GLWG returned −32.5%. 2 times that move is −13.9%, so the fund came out 18.6 points short of it.

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

Because it resets daily. GLWG 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, GLWG, data as of Sep 11, 2026. https://etfiq.com/funds/GLWG
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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