# GFSG (Leverage Shares 2X Long GFS Daily ETF)

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

Three months to Oct 2, 2026: GFSG returned −53.9% where its own daily promise gave −52.2%, 1.7 points short.

## Key facts

- GFSG, what GFS did: −28.0%, as of Oct 2, 2026.
- GFSG, what 2 times a day gives: −52.2%, as of Oct 2, 2026.
- GFSG, what the fund returned: −53.9%, as of Oct 2, 2026.
- GFSG, the fund itself cost: −1.7 pts, as of Oct 2, 2026.
- GFSG, net assets: $2m (issuer page, as of Oct 1, 2026).
- GFSG, expense ratio: 0.99% (485BPOS XBRL, Jun 9, 2026).

## GFSG over each window to Oct 2, 2026

| Window | Fund | GFS | +2x the move | Difference | GFS moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +27.8% | +14.4% | +28.8% | −1.0 pts | 45% |
| 3 months | −53.9% | −28.0% | −56.0% | +2.1 pts | 55% |
| Since launch | −68.6% | −39.6% | −79.2% | +10.6 pts | 58% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of GFS, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.92 times, against +2 stated | ETFIQ |
| Underlying | GFS | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $2m | issuer page, as of Oct 1, 2026 |
| Expense ratio | 0.99% | 485BPOS XBRL, Jun 9, 2026 |
| Launched | Jun 23, 2026 | ETFIQ |
| Underlying volatility over the window | 55% annualized | ETFIQ |

## Questions

### Did GFSG return +2 times GFS?

Over the window to Oct 2, 2026, GFS moved −28.0% and GFSG returned −53.9%. 2 times that move is −56.0%, so the fund came out 2.1 points ahead of it.

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

Because it resets daily. GFSG 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, GFSG, data as of Oct 2, 2026. https://etfiq.com/funds/gfsg
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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