{
 "ticker": "STLL",
 "name": "Leverage Shares 2X Long STRL Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/STLL",
 "html": "https://etfiq.com/funds/STLL",
 "markdown": "https://etfiq.com/funds/STLL.md",
 "as_of": "2026-09-11",
 "verdict": "One month to Sep 11, 2026: STLL returned \u221217.4% where its own daily promise gave \u221216.0%, 1.4 points short.",
 "key_facts": [
  {
   "key": "what_strl_did",
   "label": "What STRL did",
   "value": "\u22126.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "STLL, what STRL did: \u22126.9%, as of Sep 11, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What +2 times a day gives",
   "value": "\u221216.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "STLL, what +2 times a day gives: \u221216.0%, as of Sep 11, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221217.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "STLL, what the fund returned: \u221217.4%, as of Sep 11, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22121.4 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "STLL, the fund itself cost: \u22121.4 pts, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$846,300",
   "source": "issuer page, as of Sep 10, 2026",
   "as_of": "2026-09-11",
   "sentence": "STLL, net assets: $846,300 (issuer page, as of Sep 10, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.99%",
   "source": "485BPOS XBRL, Aug 3, 2026",
   "as_of": "2026-09-11",
   "sentence": "STLL, expense ratio: 0.99% (485BPOS XBRL, Aug 3, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of STRL, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+2.52 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "STRL",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$846,300",
   "source": "issuer page, as of Sep 10, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.99%",
   "source": "485BPOS XBRL, Aug 3, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Aug 11, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "59% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u221217.4%",
   "STRL": "\u22126.9%",
   "+2x the move": "\u221213.8%",
   "Difference": "\u22123.6 pts",
   "STRL moved about": "59%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221212.7%",
   "STRL": "\u22124.1%",
   "+2x the move": "\u22128.2%",
   "Difference": "\u22124.5 pts",
   "STRL moved about": "59%"
  }
 ],
 "questions": [
  {
   "q": "Did STLL return +2 times STRL?",
   "a": "Over the window to Sep 11, 2026, STRL moved \u22126.9% and STLL returned \u221217.4%. 2 times that move is \u221213.8%, so the fund came out 3.6 points short of it."
  },
  {
   "q": "Why does STLL not return +2 times over a year?",
   "a": "Because it resets daily. STLL 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."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}