# BULG (Leverage Shares 2X Long BULL Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Oct 21, 2026

Promise check: Partly. Over three months to Oct 21, 2026, BULG finished 3.5 points behind twice BULL's daily moves, compounded. https://etfiq.com/promise-index/leverage/

Over the three months to Oct 21, 2026, BULG lost 54.5%, against −51.0% for twice BULL's daily moves.

## Key facts

- BULG, what BULL did: −24.8%, as of Oct 21, 2026.
- BULG, what 2 times a day gives: −51.0%, as of Oct 21, 2026.
- BULG, what the fund returned: −54.5%, as of Oct 21, 2026.
- BULG, gap to 2 times a day: −3.5 pts, as of Oct 21, 2026.
- BULG, net assets: $3m (issuer page, as of Oct 21, 2026).
- BULG, expense ratio: 0.87% (485BPOS XBRL, Feb 27, 2026).

## BULG over each window to Oct 21, 2026

| Window | Total return | BULL | +2x the move | Difference | BULL moved about, annualized |
| --- | --- | --- | --- | --- | --- |
| 1 month | −50.4% | −26.1% | −52.2% | +1.8 pts | 77% |
| 3 months | −54.5% | −24.8% | −49.6% | −4.9 pts | 70% |
| 6 months | −51.2% | −16.2% | −32.4% | −18.8 pts | 66% |
| Year to date | −65.7% | −21.6% | −43.2% | −22.5 pts | 65% |
| 1 year | −85.0% | −45.3% | −90.6% | +5.6 pts | 63% |
| Since launch | −92.5% | −59.0% | not meaningful over this window | not meaningful over this window | 62% |
| Since launch, annualised | −88.6% | – | – | – | – |

## BULG key stats

- 52-week high, daily closes to Oct 21, 2026: $156.80 on Oct 27, 2025 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Oct 21, 2026: $19.80 on Mar 30, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 21, 2026, within that range: $22.15, 2% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)
- Beta to its underlying, 1 year: 1.98, against BULL (computed by ETFIQ from Tiingo daily prices)
- R-squared, the same days: 1.00 (computed by ETFIQ from Tiingo daily prices)
- Beta and R-squared measured over: 251 daily total returns, Oct 22, 2025 to Oct 21, 2026 (computed by ETFIQ from Tiingo daily prices)

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of BULL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.20169 times, against +2 stated | ETFIQ |
| Underlying | BULL | ETFIQ |
| Segment | sector or country, index | ETFIQ |
| Net assets | $3m | issuer page, as of Oct 21, 2026 |
| Expense ratio | 0.87% | 485BPOS XBRL, Feb 27, 2026 |
| First traded | Aug 11, 2025 | ETFIQ |
| Underlying volatility over the window | 70% annualized | ETFIQ |

## Money in and out, to Oct 21, 2026

| Window | Dates | Net flow |
| --- | --- | --- |
| 1 day | Oct 21, 2026 | $0 |

Daily counts start Oct 19, 2026, so these windows have no daily figure: 1 week, 1 month, 3 months, Year to date, 1 year.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/bulg.json>. Method: https://etfiq.com/methodology/flows

## Questions

### Did BULG return +2 times BULL?

Over the three months to Oct 21, 2026, BULL moved −24.8% and BULG returned −54.5%. 2 times that move is −49.6%, so the fund came out 4.9 points short of it. That is not its objective, which is daily. Against 2 times each day's move, compounded, it was 3.5 points short.

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

Because it resets daily. BULG aims at +2 times each day's move, and daily results compound. If the underlying falls and recovers, a holder ends up behind +2 times the period move; in a steady run in one direction, possibly ahead. The longer the holding and the more the underlying swings, the wider the gap.


## Cite this page

ETFIQ, BULG, leveraged ETFs, data as of Oct 21, 2026. https://etfiq.com/funds/bulg
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

HTML: https://etfiq.com/funds/bulg  ·  JSON: https://etfiq.com/funds/bulg.json