# MXLL (Leverage Shares 2X Long MXL Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Oct 9, 2026

One month to Oct 9, 2026: MXLL returned +61.2% where its own daily promise gave +63.6%, 2.3 points short.

## Key facts

- MXLL, what MXL did: +34.5%, as of Oct 9, 2026.
- MXLL, what 2 times a day gives: +63.6%, as of Oct 9, 2026.
- MXLL, what the fund returned: +61.2%, as of Oct 9, 2026.
- MXLL, the fund itself cost: −2.3 pts, as of Oct 9, 2026.
- MXLL, net assets: $3m (issuer page, as of Oct 8, 2026).
- MXLL, expense ratio: 0.99% (485BPOS XBRL, Aug 3, 2026).

## MXLL over each window to Oct 9, 2026

| Window | Fund | MXL | +2x the move | Difference | MXL moved about, annualized |
| --- | --- | --- | --- | --- | --- |
| 1 month | +61.2% | +34.5% | +68.9% | −7.7 pts | 104% |
| Since launch | +56.9% | +39.3% | +78.6% | −21.7 pts | 100% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of MXL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.78 times, against +2 stated | ETFIQ |
| Underlying | MXL | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $3m | issuer page, as of Oct 8, 2026 |
| Expense ratio | 0.99% | 485BPOS XBRL, Aug 3, 2026 |
| First traded | Aug 11, 2026 | ETFIQ |
| Underlying volatility over the window | 104% annualized | ETFIQ |

## Money in and out, to Oct 8, 2026

Monthly figures only. Oct 2026: +$586k, from ETFIQ, the sum of its days, Oct 6 to Oct 8.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: https://etfiq.com/data/flows/funds/mxll.json. Method: https://etfiq.com/methodology/flows

## Questions

### Did MXLL return +2 times MXL?

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.

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

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.


## Cite this page

ETFIQ, MXLL, leveraged ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/mxll
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/mxll  ·  JSON: https://etfiq.com/funds/mxll.json