# JBLG (Leverage Shares 2X Long JBL Daily ETF)

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

One month to Sep 11, 2026: JBLG returned −27.5% where its own daily promise gave −25.9%, 1.6 points short.

## Key facts

- JBLG, what JBL did: −13.1%, as of Sep 11, 2026.
- JBLG, what +2 times a day gives: −25.9%, as of Sep 11, 2026.
- JBLG, what the fund returned: −27.5%, as of Sep 11, 2026.
- JBLG, the fund itself cost: −1.6 pts, as of Sep 11, 2026.
- JBLG, net assets: $167,700 (issuer page, as of Sep 10, 2026).
- JBLG, expense ratio: 0.99% (485BPOS XBRL, Jun 9, 2026).

## JBLG over each window to Sep 11, 2026

| Window | Fund | JBL | +2x the move | Difference | JBL moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −27.5% | −13.1% | −26.2% | −1.3 pts | 45% |
| Since launch | −8.4% | −0.9% | −1.8% | −6.6 pts | 48% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of JBL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.1 times, against +2 stated | ETFIQ |
| Underlying | JBL | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $167,700 | issuer page, as of Sep 10, 2026 |
| Expense ratio | 0.99% | 485BPOS XBRL, Jun 9, 2026 |
| Launched | Jul 7, 2026 | ETFIQ |
| Underlying volatility over the window | 45% annualized | ETFIQ |

## Questions

### Did JBLG return +2 times JBL?

Over the window to Sep 11, 2026, JBL moved −13.1% and JBLG returned −27.5%. 2 times that move is −26.2%, so the fund came out 1.3 points short of it.

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

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

HTML: https://etfiq.com/funds/JBLG  ·  JSON: https://etfiq.com/funds/JBLG.json
