{
 "ticker": "BAIG",
 "name": "Leverage Shares 2X Long BBAI Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/baig",
 "html": "https://etfiq.com/funds/baig",
 "markdown": "https://etfiq.com/funds/baig.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: BAIG returned \u221251.6% where its own daily promise gave \u221247.8%, 3.8 points short.",
 "key_facts": [
  {
   "key": "what_bbai_did",
   "label": "What BBAI did",
   "value": "\u221224.9%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "BAIG, what BBAI did: \u221224.9%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "\u221247.8%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "BAIG, what 2 times a day gives: \u221247.8%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221251.6%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "BAIG, what the fund returned: \u221251.6%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22123.8 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "BAIG, the fund itself cost: \u22123.8 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$6m",
   "source": "issuer page, as of Oct 1, 2026",
   "as_of": "2026-10-02",
   "sentence": "BAIG, net assets: $6m (issuer page, as of Oct 1, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.78%",
   "source": "485BPOS XBRL, Feb 27, 2026",
   "as_of": "2026-10-02",
   "sentence": "BAIG, expense ratio: 0.78% (485BPOS XBRL, Feb 27, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of BBAI, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+2.07 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "BBAI",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$6m",
   "source": "issuer page, as of Oct 1, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.78%",
   "source": "485BPOS XBRL, Feb 27, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Aug 21, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "55% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u221223.0%",
   "BBAI": "\u221210.2%",
   "+2x the move": "\u221220.3%",
   "Difference": "\u22122.6 pts",
   "BBAI moved about": "36%"
  },
  {
   "window": "3 months",
   "Fund": "\u221251.6%",
   "BBAI": "\u221224.9%",
   "+2x the move": "\u221249.9%",
   "Difference": "\u22121.7 pts",
   "BBAI moved about": "55%"
  },
  {
   "window": "6 months",
   "Fund": "\u221261.0%",
   "BBAI": "\u221226.0%",
   "+2x the move": "\u221252.0%",
   "Difference": "\u22129.0 pts",
   "BBAI moved about": "63%"
  },
  {
   "window": "1 year",
   "Fund": "\u221294.7%",
   "BBAI": "\u221263.5%",
   "+2x the move": "\u2212127.1%",
   "Difference": "+32.4 pts",
   "BBAI moved about": "81%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221291.5%",
   "BBAI": "\u221251.6%",
   "+2x the move": "\u2212103.3%",
   "Difference": "+11.7 pts",
   "BBAI moved about": "81%"
  }
 ],
 "questions": [
  {
   "q": "Did BAIG return +2 times BBAI?",
   "a": "Over the window to Oct 2, 2026, BBAI moved \u221224.9% and BAIG returned \u221251.6%. 2 times that move is \u221249.9%, so the fund came out 1.7 points short of it."
  },
  {
   "q": "Why does BAIG not return +2 times over a year?",
   "a": "Because it resets daily. BAIG 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)."
}