# RAML (Leverage Shares 2X Long Memory Daily ETF)

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

One month to Sep 11, 2026: RAML returned +11.8% where its own daily promise gave +12.9%, 1.1 points short.

## Key facts

- RAML, what DRAM did: +7.8%, as of Sep 11, 2026.
- RAML, what +2 times a day gives: +12.9%, as of Sep 11, 2026.
- RAML, what the fund returned: +11.8%, as of Sep 11, 2026.
- RAML, the fund itself cost: −1.1 pts, as of Sep 11, 2026.
- RAML, net assets: $891,150 (issuer page, as of Sep 10, 2026).
- RAML, expense ratio: 0.99% (485BPOS XBRL, Jul 21, 2026).

## RAML over each window to Sep 11, 2026

| Window | Fund | DRAM | +2x the move | Difference | DRAM moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +11.8% | +7.8% | +15.7% | −3.9 pts | 58% |
| Since launch | −8.1% | +1.4% | +2.7% | −10.9 pts | 82% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of DRAM, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.5 times, against +2 stated | ETFIQ |
| Underlying | DRAM | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Net assets | $891,150 | issuer page, as of Sep 10, 2026 |
| Expense ratio | 0.99% | 485BPOS XBRL, Jul 21, 2026 |
| Launched | Jul 23, 2026 | ETFIQ |
| Underlying volatility over the window | 58% annualized | ETFIQ |

## Questions

### Did RAML return +2 times DRAM?

Over the window to Sep 11, 2026, DRAM moved +7.8% and RAML returned +11.8%. 2 times that move is +15.7%, so the fund came out 3.9 points short of it.

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

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

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