# UECG (Leverage Shares 2X Long UEC Daily ETF)

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

Three months to Oct 2, 2026: UECG returned −34.3% where its own daily promise gave −32.1%, 2.2 points short.

## Key facts

- UECG, what UEC did: −13.7%, as of Oct 2, 2026.
- UECG, what 2 times a day gives: −32.1%, as of Oct 2, 2026.
- UECG, what the fund returned: −34.3%, as of Oct 2, 2026.
- UECG, the fund itself cost: −2.2 pts, as of Oct 2, 2026.
- UECG, net assets: $2m (issuer page, as of Oct 1, 2026).
- UECG, expense ratio: 0.75% (485BPOS XBRL, Jan 9, 2026).

## UECG over each window to Oct 2, 2026

| Window | Fund | UEC | +2x the move | Difference | UEC moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −37.1% | −20.0% | −39.9% | +2.9 pts | 38% |
| 3 months | −34.3% | −13.7% | −27.3% | −7.0 pts | 61% |
| 6 months | −68.1% | −31.5% | −62.9% | −5.2 pts | 77% |
| Since launch | −79.9% | −43.1% | −86.2% | +6.3 pts | 74% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of UEC, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.51 times, against +2 stated | ETFIQ |
| Underlying | UEC | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $2m | issuer page, as of Oct 1, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, Jan 9, 2026 |
| Launched | Feb 10, 2026 | ETFIQ |
| Underlying volatility over the window | 61% annualized | ETFIQ |

## Questions

### Did UECG return +2 times UEC?

Over the window to Oct 2, 2026, UEC moved −13.7% and UECG returned −34.3%. 2 times that move is −27.3%, so the fund came out 7.0 points short of it.

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

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

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