{
 "ticker": "GRAG",
 "name": "Leverage Shares 2X Long GRAB Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/grag",
 "html": "https://etfiq.com/funds/grag",
 "markdown": "https://etfiq.com/funds/grag.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: GRAG returned \u221241.8% where its own daily promise gave \u221240.3%, 1.5 points short.",
 "key_facts": [
  {
   "key": "what_grab_did",
   "label": "What GRAB did",
   "value": "\u221221.0%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "GRAG, what GRAB did: \u221221.0%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "\u221240.3%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "GRAG, what 2 times a day gives: \u221240.3%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221241.8%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "GRAG, what the fund returned: \u221241.8%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22121.5 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "GRAG, the fund itself cost: \u22121.5 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$3m",
   "source": "issuer page, as of Oct 1, 2026",
   "as_of": "2026-10-02",
   "sentence": "GRAG, net assets: $3m (issuer page, as of Oct 1, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Dec 9, 2025",
   "as_of": "2026-10-02",
   "sentence": "GRAG, expense ratio: 0.75% (485BPOS XBRL, Dec 9, 2025)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of GRAB, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.99 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "GRAB",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$3m",
   "source": "issuer page, as of Oct 1, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Dec 9, 2025"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Dec 11, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "41% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u221225.8%",
   "GRAB": "\u221212.8%",
   "+2x the move": "\u221225.5%",
   "Difference": "\u22120.3 pts",
   "GRAB moved about": "49%"
  },
  {
   "window": "3 months",
   "Fund": "\u221241.8%",
   "GRAB": "\u221221.0%",
   "+2x the move": "\u221242.1%",
   "Difference": "+0.3 pts",
   "GRAB moved about": "41%"
  },
  {
   "window": "6 months",
   "Fund": "\u221236.2%",
   "GRAB": "\u221214.9%",
   "+2x the move": "\u221229.8%",
   "Difference": "\u22126.3 pts",
   "GRAB moved about": "38%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221271.3%",
   "GRAB": "\u221240.5%",
   "+2x the move": "\u221281.1%",
   "Difference": "+9.8 pts",
   "GRAB moved about": "37%"
  }
 ],
 "questions": [
  {
   "q": "Did GRAG return +2 times GRAB?",
   "a": "Over the window to Oct 2, 2026, GRAB moved \u221221.0% and GRAG returned \u221241.8%. 2 times that move is \u221242.1%, so the fund came out 0.3 points ahead of it."
  },
  {
   "q": "Why does GRAG not return +2 times over a year?",
   "a": "Because it resets daily. GRAG 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)."
}