{
 "ticker": "TXXD",
 "name": "21Shares 2x Long Dogecoin ETF",
 "issuer": "21Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/txxd",
 "html": "https://etfiq.com/funds/txxd",
 "markdown": "https://etfiq.com/funds/txxd.md",
 "as_of": "2026-10-21",
 "verdict": "Over the three months to Oct 21, 2026, TXXD returned 10.6%, against 20.0% for twice Dogecoin's daily moves.",
 "promise": {
  "badge": "missed",
  "label": "Missed",
  "category": "leverage",
  "sentence": "Over three months to Oct 21, 2026, TXXD finished 9.4 points behind twice Dogecoin's daily moves, compounded.",
  "figure": -9.4,
  "unit": "points",
  "from": "2026-07-22",
  "to": "2026-10-21",
  "url": "https://etfiq.com/promise-index/leverage/"
 },
 "key_facts": [
  {
   "key": "what_dogecoin_did",
   "label": "What Dogecoin did",
   "value": "+14.4%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-21",
   "sentence": "TXXD, what Dogecoin did: +14.4%, as of Oct 21, 2026.",
   "cite": {
    "value": "+14.4%",
    "as_of": "2026-10-21",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/txxd#fact-what-dogecoin-did",
    "text": "TXXD, what Dogecoin did: +14.4%, as of Oct 21, 2026."
   }
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "+20.0%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-21",
   "sentence": "TXXD, what 2 times a day gives: +20.0%, as of Oct 21, 2026.",
   "cite": {
    "value": "+20.0%",
    "as_of": "2026-10-21",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/txxd#fact-what-2-times-a-day-gives",
    "text": "TXXD, what 2 times a day gives: +20.0%, as of Oct 21, 2026."
   }
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+10.6%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-21",
   "sentence": "TXXD, what the fund returned: +10.6%, as of Oct 21, 2026.",
   "cite": {
    "value": "+10.6%",
    "as_of": "2026-10-21",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/txxd#fact-what-the-fund-returned",
    "text": "TXXD, what the fund returned: +10.6%, as of Oct 21, 2026."
   }
  },
  {
   "key": "gap_to_2_times_a_day",
   "label": "Gap to 2 times a day",
   "value": "\u22129.4 pts",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-21",
   "sentence": "TXXD, gap to 2 times a day: \u22129.4 pts, as of Oct 21, 2026.",
   "cite": {
    "value": "\u22129.4 pts",
    "as_of": "2026-10-21",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/txxd#fact-gap-to-2-times-a-day",
    "text": "TXXD, gap to 2 times a day: \u22129.4 pts, as of Oct 21, 2026."
   }
  },
  {
   "key": "last_payment_ex_date_feb_25_2026",
   "label": "Last payment, ex-date Feb 25, 2026",
   "value": "$0.0033",
   "source": "Tiingo end-of-day distributions",
   "as_of": "2026-02-25",
   "sentence": "TXXD, last payment, ex-date Feb 25, 2026: $0.0033, as of Feb 25, 2026.",
   "cite": {
    "value": "$0.0033",
    "as_of": "2026-02-25",
    "source": "Tiingo end-of-day distributions",
    "url": "https://etfiq.com/funds/txxd#fact-last-payment-ex-date-feb-25-2026",
    "text": "TXXD, last payment, ex-date Feb 25, 2026: $0.0033, as of Feb 25, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$5m",
   "source": "issuer page, as of Oct 21, 2026",
   "as_of": "2026-10-21",
   "sentence": "TXXD, net assets: $5m (issuer page, as of Oct 21, 2026).",
   "cite": {
    "value": "$5m",
    "as_of": "2026-10-21",
    "source": "issuer page, as of Oct 21, 2026",
    "url": "https://etfiq.com/funds/txxd#fact-net-assets",
    "text": "TXXD, net assets: $5m (issuer page, as of Oct 21, 2026)."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "3.36%",
   "source": "485BPOS XBRL, Apr 29, 2026",
   "as_of": "2026-04-29",
   "sentence": "TXXD, expense ratio: 3.36% (485BPOS XBRL, Apr 29, 2026).",
   "cite": {
    "value": "3.36%",
    "as_of": "2026-04-29",
    "source": "485BPOS XBRL, Apr 29, 2026",
    "url": "https://etfiq.com/funds/txxd#fact-expense-ratio",
    "text": "TXXD, expense ratio: 3.36% (485BPOS XBRL, Apr 29, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of Dogecoin, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+0.736627 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "Dogecoin",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "asset class, crypto",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$5m",
   "source": "issuer page, as of Oct 21, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "3.36%",
   "source": "485BPOS XBRL, Apr 29, 2026"
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Nov 20, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "60% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "\u221232.8%",
   "Dogecoin": "\u221215.9%",
   "+2x the move": "\u221231.8%",
   "Difference": "\u22121.0 pts",
   "Dogecoin moved about, annualized": "50%"
  },
  {
   "window": "3 months",
   "Total return": "+10.6%",
   "Dogecoin": "+14.4%",
   "+2x the move": "+28.8%",
   "Difference": "\u221218.2 pts",
   "Dogecoin moved about, annualized": "60%"
  },
  {
   "window": "6 months",
   "Total return": "\u221245.3%",
   "Dogecoin": "\u221214.3%",
   "+2x the move": "\u221228.6%",
   "Difference": "\u221216.7 pts",
   "Dogecoin moved about, annualized": "54%"
  },
  {
   "window": "Year to date",
   "Total return": "\u221272.5%",
   "Dogecoin": "\u221229.1%",
   "+2x the move": "\u221258.2%",
   "Difference": "\u221214.3 pts",
   "Dogecoin moved about, annualized": "66%"
  },
  {
   "window": "Since launch",
   "Total return": "\u221285.5%",
   "Dogecoin": "\u221244.4%",
   "+2x the move": "\u221288.8%",
   "Difference": "+3.3 pts",
   "Dogecoin moved about, annualized": "68%"
  }
 ],
 "questions": [
  {
   "q": "Did TXXD return +2 times Dogecoin?",
   "a": "Over the three months to Oct 21, 2026, Dogecoin moved +14.4% and TXXD returned +10.6%. 2 times that move is +28.8%, so the fund came out 18.2 points short of it. That is not its objective, which is daily. Against 2 times each day's move, compounded, it was 9.4 points short."
  },
  {
   "q": "Why does TXXD not return +2 times over a year?",
   "a": "Because it resets daily. TXXD aims at +2 times each day's move, and daily results compound. If the underlying falls and recovers, a holder ends up behind +2 times the period move; in a steady run in one direction, possibly ahead. The longer the holding and the more the underlying swings, the wider the gap."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "High since Nov 20, 2025, daily closes to Oct 21, 2026",
   "value": "$259.58 on Nov 26, 2025",
   "as_of": "2025-11-26",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 259.584,
   "window": {
    "from": "2025-11-20",
    "to": "2026-10-21"
   }
  },
  {
   "key": "low52",
   "label": "Low since Nov 20, 2025, daily closes to Oct 21, 2026",
   "value": "$28.40 on Aug 6, 2026",
   "as_of": "2026-08-06",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 28.4,
   "window": {
    "from": "2025-11-20",
    "to": "2026-10-21"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Oct 21, 2026, within that range",
   "value": "$35.45, 3% of the way from the low to the high",
   "as_of": "2026-10-21",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 35.4532
  }
 ],
 "flows": {
  "as_of": "2026-06-30",
  "coverage": "monthly",
  "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/txxd.json",
  "windows": [],
  "latest_month": {
   "month": "2026-06",
   "net_flow_usd": -34845,
   "net_flow": "\u2212$35k",
   "source": "SEC Form N-PORT"
  }
 },
 "generated": "2026-10-22",
 "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, TXXD, leveraged ETFs, data as of Oct 21, 2026. https://etfiq.com/funds/txxd"
}