{
 "ticker": "UUUG",
 "name": "Leverage Shares 2X Long UUUU Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/UUUG",
 "html": "https://etfiq.com/funds/UUUG",
 "markdown": "https://etfiq.com/funds/UUUG.md",
 "as_of": "2026-09-11",
 "verdict": "Three months to Sep 11, 2026: UUUG returned \u221236.2% where its own daily promise gave \u221233.5%, 2.8 points short.",
 "key_facts": [
  {
   "key": "what_uuuu_did",
   "label": "What UUUU did",
   "value": "\u221213.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "UUUG, what UUUU did: \u221213.9%, as of Sep 11, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What +2 times a day gives",
   "value": "\u221233.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "UUUG, what +2 times a day gives: \u221233.5%, as of Sep 11, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221236.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "UUUG, what the fund returned: \u221236.2%, as of Sep 11, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22122.8 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "UUUG, the fund itself cost: \u22122.8 pts, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$11m",
   "source": "issuer page, as of Sep 10, 2026",
   "as_of": "2026-09-11",
   "sentence": "UUUG, net assets: $11m (issuer page, as of Sep 10, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Jan 9, 2026",
   "as_of": "2026-09-11",
   "sentence": "UUUG, expense ratio: 0.75% (485BPOS XBRL, Jan 9, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of UUUU, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+2.61 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "UUUU",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$11m",
   "source": "issuer page, as of Sep 10, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Jan 9, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 13, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "67% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u221224.1%",
   "UUUU": "\u221210.5%",
   "+2x the move": "\u221221.0%",
   "Difference": "\u22123.1 pts",
   "UUUU moved about": "67%"
  },
  {
   "window": "3 months",
   "Fund": "\u221236.2%",
   "UUUU": "\u221213.9%",
   "+2x the move": "\u221227.8%",
   "Difference": "\u22128.4 pts",
   "UUUU moved about": "67%"
  },
  {
   "window": "6 months",
   "Fund": "\u221266.9%",
   "UUUU": "\u221230.6%",
   "+2x the move": "\u221261.3%",
   "Difference": "\u22125.7 pts",
   "UUUU moved about": "77%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221275.8%",
   "UUUU": "\u221233.3%",
   "+2x the move": "\u221266.6%",
   "Difference": "\u22129.2 pts",
   "UUUU moved about": "87%"
  }
 ],
 "questions": [
  {
   "q": "Did UUUG return +2 times UUUU?",
   "a": "Over the window to Sep 11, 2026, UUUU moved \u221213.9% and UUUG returned \u221236.2%. 2 times that move is \u221227.8%, so the fund came out 8.4 points short of it."
  },
  {
   "q": "Why does UUUG not return +2 times over a year?",
   "a": "Because it resets daily. UUUG 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."
  },
  {
   "q": "Which +2x UUUU ETF tracked its stated multiple most closely?",
   "a": "2 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."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}