# TELG (Leverage Shares 2X Long TEL Daily ETF)

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

Three months to Oct 2, 2026: TELG returned +17.9% where its own daily promise gave +22.4%, 4.5 points short.

## Key facts

- TELG, what TEL did: +12.0%, as of Oct 2, 2026.
- TELG, what 2 times a day gives: +22.4%, as of Oct 2, 2026.
- TELG, what the fund returned: +17.9%, as of Oct 2, 2026.
- TELG, the fund itself cost: −4.5 pts, as of Oct 2, 2026.
- TELG, net assets: $213,300 (issuer page, as of Oct 1, 2026).
- TELG, expense ratio: 0.99% (485BPOS XBRL, Jun 9, 2026).

## TELG over each window to Oct 2, 2026

| Window | Fund | TEL | +2x the move | Difference | TEL moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +16.4% | +9.0% | +18.0% | −1.5 pts | 30% |
| 3 months | +17.9% | +12.0% | +24.1% | −6.2 pts | 31% |
| Since launch | −4.0% | +1.9% | +3.9% | −7.9 pts | 32% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of TEL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.49 times, against +2 stated | ETFIQ |
| Underlying | TEL | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $213,300 | issuer page, as of Oct 1, 2026 |
| Expense ratio | 0.99% | 485BPOS XBRL, Jun 9, 2026 |
| Launched | Jun 16, 2026 | ETFIQ |
| Underlying volatility over the window | 31% annualized | ETFIQ |

## Questions

### Did TELG return +2 times TEL?

Over the window to Oct 2, 2026, TEL moved +12.0% and TELG returned +17.9%. 2 times that move is +24.1%, so the fund came out 6.2 points short of it.

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

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

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