# DUOG (Leverage Shares 2X Long DUOL Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Oct 2, 2026

Three months to Oct 2, 2026: DUOG returned +14.5% where its own daily promise gave +19.0%, 4.5 points short.

## Key facts

- DUOG, what DUOL did: +14.7%, as of Oct 2, 2026.
- DUOG, what 2 times a day gives: +19.0%, as of Oct 2, 2026.
- DUOG, what the fund returned: +14.5%, as of Oct 2, 2026.
- DUOG, the fund itself cost: −4.5 pts, as of Oct 2, 2026.
- DUOG, net assets: $3m (issuer page, as of Oct 1, 2026).
- DUOG, expense ratio: 0.75% (485BPOS XBRL, Dec 9, 2025).

## DUOG over each window to Oct 2, 2026

| Window | Fund | DUOL | +2x the move | Difference | DUOL moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −19.5% | −8.6% | −17.2% | −2.3 pts | 56% |
| 3 months | +14.5% | +14.7% | +29.4% | −14.9 pts | 63% |
| 6 months | +73.5% | +49.4% | +98.9% | −25.4 pts | 60% |
| Since launch | −66.0% | −28.2% | −56.4% | −9.5 pts | 59% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of DUOL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +0.99 times, against +2 stated | ETFIQ |
| Underlying | DUOL | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $3m | issuer page, as of Oct 1, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, Dec 9, 2025 |
| Launched | Dec 11, 2025 | ETFIQ |
| Underlying volatility over the window | 63% annualized | ETFIQ |

## Questions

### Did DUOG return +2 times DUOL?

Over the window to Oct 2, 2026, DUOL moved +14.7% and DUOG returned +14.5%. 2 times that move is +29.4%, so the fund came out 14.9 points short of it.

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

Because it resets daily. DUOG 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.


## Cite this page

ETFIQ, DUOG, data as of Oct 2, 2026. https://etfiq.com/funds/duog
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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