{
 "ticker": "MXLL",
 "name": "Leverage Shares 2X Long MXL Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/mxll",
 "html": "https://etfiq.com/funds/mxll",
 "markdown": "https://etfiq.com/funds/mxll.md",
 "as_of": "2026-10-09",
 "verdict": "One month to Oct 9, 2026: MXLL returned +61.2% where its own daily promise gave +63.6%, 2.3 points short.",
 "key_facts": [
  {
   "key": "what_mxl_did",
   "label": "What MXL did",
   "value": "+34.5%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "MXLL, what MXL did: +34.5%, as of Oct 9, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "+63.6%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "MXLL, what 2 times a day gives: +63.6%, as of Oct 9, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+61.2%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "MXLL, what the fund returned: +61.2%, as of Oct 9, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22122.3 pts",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "MXLL, the fund itself cost: \u22122.3 pts, as of Oct 9, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$3m",
   "source": "issuer page, as of Oct 8, 2026",
   "as_of": "2026-10-09",
   "sentence": "MXLL, net assets: $3m (issuer page, as of Oct 8, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.99%",
   "source": "485BPOS XBRL, Aug 3, 2026",
   "as_of": "2026-10-09",
   "sentence": "MXLL, expense ratio: 0.99% (485BPOS XBRL, Aug 3, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of MXL, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.78 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "MXL",
   "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 8, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.99%",
   "source": "485BPOS XBRL, Aug 3, 2026"
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Aug 11, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "104% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+61.2%",
   "MXL": "+34.5%",
   "+2x the move": "+68.9%",
   "Difference": "\u22127.7 pts",
   "MXL moved about, annualized": "104%"
  },
  {
   "window": "Since launch",
   "Fund": "+56.9%",
   "MXL": "+39.3%",
   "+2x the move": "+78.6%",
   "Difference": "\u221221.7 pts",
   "MXL moved about, annualized": "100%"
  }
 ],
 "questions": [
  {
   "q": "Did MXLL return +2 times MXL?",
   "a": "Over the month to Oct 9, 2026, MXL moved +34.5% and MXLL returned +61.2%. 2 times that move is +68.9%, so the fund came out 7.7 points short of it. Against its own daily promise, 2 times each day's move compounded, it was 2.3 points short."
  },
  {
   "q": "Why does MXLL not return +2 times over a year?",
   "a": "Because it resets daily. MXLL 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."
  }
 ],
 "flows": {
  "as_of": "2026-10-08",
  "coverage": "daily",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/mxll.json",
  "windows": [],
  "latest_month": {
   "month": "2026-10",
   "net_flow_usd": 585600,
   "net_flow": "+$586k",
   "source": "ETFIQ, the sum of its days, Oct 6 to Oct 8"
  }
 },
 "generated": "2026-10-10",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, MXLL, leveraged ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/mxll"
}