# LULG (Leverage Shares 2X Long LULU Daily ETF)

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

Three months to Sep 11, 2026: LULG returned −39.0% where its own daily promise gave −36.0%, 3.0 points short.

## Key facts

- LULG, what LULU did: −16.7%, as of Sep 11, 2026.
- LULG, what +2 times a day gives: −36.0%, as of Sep 11, 2026.
- LULG, what the fund returned: −39.0%, as of Sep 11, 2026.
- LULG, the fund itself cost: −3.0 pts, as of Sep 11, 2026.
- LULG, net assets: $13m (issuer page, as of Sep 10, 2026).
- LULG, expense ratio: 0.75% (485BPOS XBRL, Oct 23, 2025).

## LULG over each window to Sep 11, 2026

| Window | Fund | LULU | +2x the move | Difference | LULU moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −37.8% | −18.1% | −36.2% | −1.6 pts | 71% |
| 3 months | −39.0% | −16.7% | −33.3% | −5.7 pts | 52% |
| 6 months | −68.9% | −37.3% | −74.5% | +5.6 pts | 50% |
| Since launch | −75.0% | −41.0% | −81.9% | +6.9 pts | 46% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of LULU, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.34 times, against +2 stated | ETFIQ |
| Underlying | LULU | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $13m | issuer page, as of Sep 10, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, Oct 23, 2025 |
| Launched | Nov 5, 2025 | ETFIQ |
| Underlying volatility over the window | 52% annualized | ETFIQ |

## Questions

### Did LULG return +2 times LULU?

Over the window to Sep 11, 2026, LULU moved −16.7% and LULG returned −39.0%. 2 times that move is −33.3%, so the fund came out 5.7 points short of it.

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

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

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