{
 "ticker": "MPG",
 "name": "Leverage Shares 2X Long MP Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/mpg",
 "html": "https://etfiq.com/funds/mpg",
 "markdown": "https://etfiq.com/funds/mpg.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: MPG returned \u221232.1% where its own daily promise gave \u221229.9%, 2.2 points short.",
 "key_facts": [
  {
   "key": "what_mp_did",
   "label": "What MP did",
   "value": "\u221211.9%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "MPG, what MP did: \u221211.9%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "\u221229.9%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "MPG, what 2 times a day gives: \u221229.9%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221232.1%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "MPG, what the fund returned: \u221232.1%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22122.2 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "MPG, the fund itself cost: \u22122.2 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$5m",
   "source": "issuer page, as of Oct 1, 2026",
   "as_of": "2026-10-02",
   "sentence": "MPG, net assets: $5m (issuer page, as of Oct 1, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.76%",
   "source": "485BPOS XBRL, Feb 27, 2026",
   "as_of": "2026-10-02",
   "sentence": "MPG, expense ratio: 0.76% (485BPOS XBRL, Feb 27, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of MP, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+2.7 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "MP",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$5m",
   "source": "issuer page, as of Oct 1, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.76%",
   "source": "485BPOS XBRL, Feb 27, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Oct 27, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "64% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u221228.4%",
   "MP": "\u221214.1%",
   "+2x the move": "\u221228.3%",
   "Difference": "\u22120.1 pts",
   "MP moved about": "46%"
  },
  {
   "window": "3 months",
   "Fund": "\u221232.1%",
   "MP": "\u221211.9%",
   "+2x the move": "\u221223.8%",
   "Difference": "\u22128.3 pts",
   "MP moved about": "64%"
  },
  {
   "window": "6 months",
   "Fund": "\u221233.3%",
   "MP": "\u22125.5%",
   "+2x the move": "\u221211.1%",
   "Difference": "\u221222.2 pts",
   "MP moved about": "68%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221271.7%",
   "MP": "\u221228.4%",
   "+2x the move": "\u221256.7%",
   "Difference": "\u221215.0 pts",
   "MP moved about": "71%"
  }
 ],
 "questions": [
  {
   "q": "Did MPG return +2 times MP?",
   "a": "Over the window to Oct 2, 2026, MP moved \u221211.9% and MPG returned \u221232.1%. 2 times that move is \u221223.8%, so the fund came out 8.3 points short of it."
  },
  {
   "q": "Why does MPG not return +2 times over a year?",
   "a": "Because it resets daily. MPG 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)."
}