{
 "ticker": "ALBG",
 "name": "Leverage Shares 2X Long ALB Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/albg",
 "html": "https://etfiq.com/funds/albg",
 "markdown": "https://etfiq.com/funds/albg.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: ALBG returned \u221244.5% where its own daily promise gave \u221242.7%, 1.8 points short.",
 "key_facts": [
  {
   "key": "what_alb_did",
   "label": "What ALB did",
   "value": "\u221222.6%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "ALBG, what ALB did: \u221222.6%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "\u221242.7%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "ALBG, what 2 times a day gives: \u221242.7%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221244.5%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "ALBG, what the fund returned: \u221244.5%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22121.8 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "ALBG, the fund itself cost: \u22121.8 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1m",
   "source": "issuer page, as of Oct 1, 2026",
   "as_of": "2026-10-02",
   "sentence": "ALBG, net assets: $1m (issuer page, as of Oct 1, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Jan 9, 2026",
   "as_of": "2026-10-02",
   "sentence": "ALBG, 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 ALB, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.97 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "ALB",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1m",
   "source": "issuer page, as of Oct 1, 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": "41% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u221243.7%",
   "ALB": "\u221223.8%",
   "+2x the move": "\u221247.6%",
   "Difference": "+3.9 pts",
   "ALB moved about": "43%"
  },
  {
   "window": "3 months",
   "Fund": "\u221244.5%",
   "ALB": "\u221222.6%",
   "+2x the move": "\u221245.2%",
   "Difference": "+0.7 pts",
   "ALB moved about": "41%"
  },
  {
   "window": "6 months",
   "Fund": "\u221271.9%",
   "ALB": "\u221240.9%",
   "+2x the move": "\u221281.9%",
   "Difference": "+10.0 pts",
   "ALB moved about": "53%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221274.4%",
   "ALB": "\u221240.4%",
   "+2x the move": "\u221280.7%",
   "Difference": "+6.3 pts",
   "ALB moved about": "55%"
  }
 ],
 "questions": [
  {
   "q": "Did ALBG return +2 times ALB?",
   "a": "Over the window to Oct 2, 2026, ALB moved \u221222.6% and ALBG returned \u221244.5%. 2 times that move is \u221245.2%, so the fund came out 0.7 points ahead of it."
  },
  {
   "q": "Why does ALBG not return +2 times over a year?",
   "a": "Because it resets daily. ALBG 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": "2026-10-03",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}