{
 "ticker": "FIGG",
 "name": "Leverage Shares 2X Long FIG Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/figg",
 "html": "https://etfiq.com/funds/figg",
 "markdown": "https://etfiq.com/funds/figg.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: FIGG returned \u221218.7% where its own daily promise gave \u221214.1%, 4.6 points short.",
 "key_facts": [
  {
   "key": "what_fig_did",
   "label": "What FIG did",
   "value": "+0.1%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "FIGG, what FIG did: +0.1%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "\u221214.1%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "FIGG, what 2 times a day gives: \u221214.1%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221218.7%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "FIGG, what the fund returned: \u221218.7%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22124.6 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "FIGG, the fund itself cost: \u22124.6 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$16m",
   "source": "issuer page, as of Oct 1, 2026",
   "as_of": "2026-10-02",
   "sentence": "FIGG, net assets: $16m (issuer page, as of Oct 1, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Feb 27, 2026",
   "as_of": "2026-10-02",
   "sentence": "FIGG, expense ratio: 0.75% (485BPOS XBRL, Feb 27, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of FIG, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "FIG moved +0.1% over this window, too little to read a multiple from",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "FIG",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$16m",
   "source": "issuer page, as of Oct 1, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Feb 27, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Oct 14, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "78% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u221233.9%",
   "FIG": "\u221217.0%",
   "+2x the move": "\u221234.0%",
   "Difference": "+0.1 pts",
   "FIG moved about": "42%"
  },
  {
   "window": "3 months",
   "Fund": "\u221218.7%",
   "FIG": "+0.1%",
   "+2x the move": "+0.2%",
   "Difference": "\u221218.9 pts",
   "FIG moved about": "78%"
  },
  {
   "window": "6 months",
   "Fund": "\u221234.1%",
   "FIG": "+0.4%",
   "+2x the move": "+0.8%",
   "Difference": "\u221234.9 pts",
   "FIG moved about": "81%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221294.1%",
   "FIG": "\u221264.9%",
   "+2x the move": "\u2212129.8%",
   "Difference": "+35.6 pts",
   "FIG moved about": "75%"
  }
 ],
 "questions": [
  {
   "q": "Did FIGG return +2 times FIG?",
   "a": "Over the window to Oct 2, 2026, FIG moved +0.1% and FIGG returned \u221218.7%. 2 times that move is +0.2%, so the fund came out 18.9 points short of it."
  },
  {
   "q": "Why does FIGG not return +2 times over a year?",
   "a": "Because it resets daily. FIGG 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)."
}