{
 "ticker": "BLSG",
 "name": "Leverage Shares 2X Long BLSH Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/blsg",
 "html": "https://etfiq.com/funds/blsg",
 "markdown": "https://etfiq.com/funds/blsg.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: BLSG returned +47.1% where its own daily promise gave +54.5%, 7.5 points short.",
 "key_facts": [
  {
   "key": "what_blsh_did",
   "label": "What BLSH did",
   "value": "+33.9%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "BLSG, what BLSH did: +33.9%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "+54.5%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "BLSG, what 2 times a day gives: +54.5%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+47.1%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "BLSG, what the fund returned: +47.1%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22127.5 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "BLSG, the fund itself cost: \u22127.5 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2m",
   "source": "issuer page, as of Oct 1, 2026",
   "as_of": "2026-10-02",
   "sentence": "BLSG, net assets: $2m (issuer page, as of Oct 1, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.79%",
   "source": "485BPOS XBRL, Feb 27, 2026",
   "as_of": "2026-10-02",
   "sentence": "BLSG, expense ratio: 0.79% (485BPOS XBRL, Feb 27, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of BLSH, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.39 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "BLSH",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2m",
   "source": "issuer page, as of Oct 1, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.79%",
   "source": "485BPOS XBRL, Feb 27, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Oct 27, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "77% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+2.7%",
   "BLSH": "+4.9%",
   "+2x the move": "+9.7%",
   "Difference": "\u22127.0 pts",
   "BLSH moved about": "83%"
  },
  {
   "window": "3 months",
   "Fund": "+47.1%",
   "BLSH": "+33.9%",
   "+2x the move": "+67.7%",
   "Difference": "\u221220.7 pts",
   "BLSH moved about": "77%"
  },
  {
   "window": "6 months",
   "Fund": "\u221239.8%",
   "BLSH": "\u22125.9%",
   "+2x the move": "\u221211.8%",
   "Difference": "\u221228.0 pts",
   "BLSH moved about": "77%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221281.5%",
   "BLSH": "\u221239.2%",
   "+2x the move": "\u221278.4%",
   "Difference": "\u22123.1 pts",
   "BLSH moved about": "75%"
  }
 ],
 "questions": [
  {
   "q": "Did BLSG return +2 times BLSH?",
   "a": "Over the window to Oct 2, 2026, BLSH moved +33.9% and BLSG returned +47.1%. 2 times that move is +67.7%, so the fund came out 20.7 points short of it."
  },
  {
   "q": "Why does BLSG not return +2 times over a year?",
   "a": "Because it resets daily. BLSG 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)."
}