# AAPE (Leverage Shares 2X Long AAPL Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Sep 30, 2026

One month to Sep 30, 2026: AAPE returned +9.2% where its own daily promise gave +10.0%, 0.8 points short.

## Key facts

- AAPE, what AAPL did: +5.1%, as of Sep 30, 2026.
- AAPE, what 2 times a day gives: +10.0%, as of Sep 30, 2026.
- AAPE, what the fund returned: +9.2%, as of Sep 30, 2026.
- AAPE, the fund itself cost: −0.8 pts, as of Sep 30, 2026.
- AAPE, net assets: $797,000 (issuer page, as of Sep 29, 2026).
- AAPE, expense ratio: 0.75% (485BPOS XBRL, Jun 26, 2026).

## AAPE over each window to Sep 30, 2026

| Window | Fund | AAPL | +2x the move | Difference | AAPL moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +9.2% | +5.1% | +10.2% | −1.0 pts | 23% |
| Since launch | +10.0% | +7.3% | +14.6% | −4.6 pts | 27% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of AAPL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.8 times, against +2 stated | ETFIQ |
| Underlying | AAPL | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $797,000 | issuer page, as of Sep 29, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, Jun 26, 2026 |
| Launched | Jul 7, 2026 | ETFIQ |
| Underlying volatility over the window | 23% annualized | ETFIQ |

## Questions

### Did AAPE return +2 times AAPL?

Over the window to Sep 30, 2026, AAPL moved +5.1% and AAPE returned +9.2%. 2 times that move is +10.2%, so the fund came out 1.0 points short of it.

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

Because it resets daily. AAPE 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 AAPL ETF tracked its stated multiple most closely?

5 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 figure itself.


## Cite this page

ETFIQ, AAPE, data as of Sep 30, 2026. https://etfiq.com/funds/aape
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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