{
 "ticker": "ENTL",
 "name": "Leverage Shares 2X Long ENTG Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/entl",
 "html": "https://etfiq.com/funds/entl",
 "markdown": "https://etfiq.com/funds/entl.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: ENTL returned +10.2% where its own daily promise gave +13.7%, 3.5 points short.",
 "key_facts": [
  {
   "key": "what_entg_did",
   "label": "What ENTG did",
   "value": "+13.6%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "ENTL, what ENTG did: +13.6%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "+13.7%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "ENTL, what 2 times a day gives: +13.7%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+10.2%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "ENTL, what the fund returned: +10.2%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22123.5 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "ENTL, the fund itself cost: \u22123.5 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$223,250",
   "source": "issuer page, as of Oct 1, 2026",
   "as_of": "2026-10-02",
   "sentence": "ENTL, net assets: $223,250 (issuer page, as of Oct 1, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, May 6, 2026",
   "as_of": "2026-10-02",
   "sentence": "ENTL, expense ratio: 0.75% (485BPOS XBRL, May 6, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of ENTG, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+0.75 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "ENTG",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$223,250",
   "source": "issuer page, as of Oct 1, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, May 6, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jun 23, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "71% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+55.5%",
   "ENTG": "+26.8%",
   "+2x the move": "+53.6%",
   "Difference": "+1.9 pts",
   "ENTG moved about": "52%"
  },
  {
   "window": "3 months",
   "Fund": "+10.2%",
   "ENTG": "+13.6%",
   "+2x the move": "+27.2%",
   "Difference": "\u221217.0 pts",
   "ENTG moved about": "71%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221222.2%",
   "ENTG": "\u22120.9%",
   "+2x the move": "\u22121.9%",
   "Difference": "\u221220.3 pts",
   "ENTG moved about": "76%"
  }
 ],
 "questions": [
  {
   "q": "Did ENTL return +2 times ENTG?",
   "a": "Over the window to Oct 2, 2026, ENTG moved +13.6% and ENTL returned +10.2%. 2 times that move is +27.2%, so the fund came out 17.0 points short of it."
  },
  {
   "q": "Why does ENTL not return +2 times over a year?",
   "a": "Because it resets daily. ENTL 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)."
}