# TELG (Leverage Shares 2X Long TEL Daily ETF)

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

One month to Sep 11, 2026: TELG returned −3.5% where its own daily promise gave −2.2%, 1.3 points short.

## Key facts

- TELG, what TEL did: −0.7%, as of Sep 11, 2026.
- TELG, what +2 times a day gives: −2.2%, as of Sep 11, 2026.
- TELG, what the fund returned: −3.5%, as of Sep 11, 2026.
- TELG, the fund itself cost: −1.3 pts, as of Sep 11, 2026.
- TELG, net assets: $191,250 (issuer page, as of Sep 10, 2026).
- TELG, expense ratio: 0.99% (485BPOS XBRL, Jun 9, 2026).

## TELG over each window to Sep 11, 2026

| Window | Fund | TEL | +2x the move | Difference | TEL moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −3.5% | −0.7% | −1.3% | −2.1 pts | 32% |
| Since launch | −9.7% | −1.9% | −3.9% | −5.8 pts | 32% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of TEL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | TEL moved −0.7% over this window, too little to read a multiple from | ETFIQ |
| Underlying | TEL | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $191,250 | issuer page, as of Sep 10, 2026 |
| Expense ratio | 0.99% | 485BPOS XBRL, Jun 9, 2026 |
| Launched | Jun 16, 2026 | ETFIQ |
| Underlying volatility over the window | 32% annualized | ETFIQ |

## Questions

### Did TELG return +2 times TEL?

Over the window to Sep 11, 2026, TEL moved −0.7% and TELG returned −3.5%. 2 times that move is −1.3%, so the fund came out 2.1 points short of it.

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

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

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