# GEVG (Leverage Shares 2X Long GEV Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: GEVG returned −36.1% where its own daily promise gave −34.1%, 1.9 points short.

## Key facts

- GEVG, what GEV did: −16.2%, as of Sep 30, 2026.
- GEVG, what 2 times a day gives: −34.1%, as of Sep 30, 2026.
- GEVG, what the fund returned: −36.1%, as of Sep 30, 2026.
- GEVG, the fund itself cost: −1.9 pts, as of Sep 30, 2026.
- GEVG, net assets: $12m (issuer page, as of Sep 29, 2026).
- GEVG, expense ratio: 0.75% (485BPOS XBRL, Dec 11, 2025).

## GEVG over each window to Sep 30, 2026

| Window | Fund | GEV | +2x the move | Difference | GEV moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +8.6% | +5.8% | +11.6% | −3.0 pts | 42% |
| 3 months | −36.1% | −16.2% | −32.4% | −3.6 pts | 49% |
| 6 months | −7.3% | +6.3% | +12.6% | −19.9 pts | 52% |
| Since launch | +43.0% | +38.8% | +77.5% | −34.5 pts | 51% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of GEV, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.22 times, against +2 stated | ETFIQ |
| Underlying | GEV | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $12m | issuer page, as of Sep 29, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, Dec 11, 2025 |
| Launched | Dec 16, 2025 | ETFIQ |
| Underlying volatility over the window | 49% annualized | ETFIQ |

## Questions

### Did GEVG return +2 times GEV?

Over the window to Sep 30, 2026, GEV moved −16.2% and GEVG returned −36.1%. 2 times that move is −32.4%, so the fund came out 3.6 points short of it.

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

Because it resets daily. GEVG 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.

### Which +2x GEV ETF tracked its stated multiple most closely?

3 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the figure itself.


## Cite this page

ETFIQ, GEVG, data as of Sep 30, 2026. https://etfiq.com/funds/gevg
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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