# GLWG (Leverage Shares 2X Long GLW Daily ETF)

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

Three months to Oct 2, 2026: GLWG returned −41.9% where its own daily promise gave −39.7%, 2.2 points short.

## Key facts

- GLWG, what GLW did: −16.4%, as of Oct 2, 2026.
- GLWG, what 2 times a day gives: −39.7%, as of Oct 2, 2026.
- GLWG, what the fund returned: −41.9%, as of Oct 2, 2026.
- GLWG, the fund itself cost: −2.2 pts, as of Oct 2, 2026.
- GLWG, net assets: $134m (issuer page, as of Oct 1, 2026).
- GLWG, expense ratio: 0.75% (485BPOS XBRL, Jan 9, 2026).

## GLWG over each window to Oct 2, 2026

| Window | Fund | GLW | +2x the move | Difference | GLW moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +22.2% | +13.9% | +27.8% | −5.6 pts | 70% |
| 3 months | −41.9% | −16.4% | −32.8% | −9.1 pts | 73% |
| 6 months | −20.0% | +11.4% | +22.8% | −42.7 pts | 85% |
| Since launch | −9.9% | +20.9% | +41.9% | −51.8 pts | 84% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of GLW, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.55 times, against +2 stated | ETFIQ |
| Underlying | GLW | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $134m | issuer page, as of Oct 1, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, Jan 9, 2026 |
| Launched | Mar 10, 2026 | ETFIQ |
| Underlying volatility over the window | 73% annualized | ETFIQ |

## Questions

### Did GLWG return +2 times GLW?

Over the window to Oct 2, 2026, GLW moved −16.4% and GLWG returned −41.9%. 2 times that move is −32.8%, so the fund came out 9.1 points short of it.

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

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

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