# UECG (Leverage Shares 2X Long UEC Daily ETF)

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

Three months to Sep 11, 2026: UECG returned −22.1% where its own daily promise gave −18.6%, 3.5 points short.

## Key facts

- UECG, what UEC did: −5.3%, as of Sep 11, 2026.
- UECG, what +2 times a day gives: −18.6%, as of Sep 11, 2026.
- UECG, what the fund returned: −22.1%, as of Sep 11, 2026.
- UECG, the fund itself cost: −3.5 pts, as of Sep 11, 2026.
- UECG, net assets: $2m (issuer page, as of Sep 10, 2026).
- UECG, expense ratio: 0.75% (485BPOS XBRL, Jan 9, 2026).

## UECG over each window to Sep 11, 2026

| Window | Fund | UEC | +2x the move | Difference | UEC moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −21.2% | −8.0% | −16.0% | −5.1 pts | 78% |
| 3 months | −22.1% | −5.3% | −10.5% | −11.6 pts | 64% |
| 6 months | −59.9% | −22.1% | −44.1% | −15.8 pts | 79% |
| Since launch | −74.5% | −36.0% | −72.1% | −2.4 pts | 77% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of UEC, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +4.21 times, against +2 stated | ETFIQ |
| Underlying | UEC | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $2m | issuer page, as of Sep 10, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, Jan 9, 2026 |
| Launched | Feb 10, 2026 | ETFIQ |
| Underlying volatility over the window | 64% annualized | ETFIQ |

## Questions

### Did UECG return +2 times UEC?

Over the window to Sep 11, 2026, UEC moved −5.3% and UECG returned −22.1%. 2 times that move is −10.5%, so the fund came out 11.6 points short of it.

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

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

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