# UUUG (Leverage Shares 2X Long UUUU Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: UUUG returned −48.1% where its own daily promise gave −45.9%, 2.2 points short.

## Key facts

- UUUG, what UUUU did: −22.4%, as of Sep 30, 2026.
- UUUG, what 2 times a day gives: −45.9%, as of Sep 30, 2026.
- UUUG, what the fund returned: −48.1%, as of Sep 30, 2026.
- UUUG, the fund itself cost: −2.2 pts, as of Sep 30, 2026.
- UUUG, net assets: $9m (issuer page, as of Sep 29, 2026).
- UUUG, expense ratio: 0.75% (485BPOS XBRL, Jan 9, 2026).

## UUUG over each window to Sep 30, 2026

| Window | Fund | UUUU | +2x the move | Difference | UUUU moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −45.3% | −25.2% | −50.4% | +5.1 pts | 43% |
| 3 months | −48.1% | −22.4% | −44.9% | −3.3 pts | 65% |
| 6 months | −73.5% | −38.5% | −77.1% | +3.6 pts | 74% |
| Since launch | −82.7% | −43.2% | −86.4% | +3.7 pts | 85% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of UUUU, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.14 times, against +2 stated | ETFIQ |
| Underlying | UUUU | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $9m | issuer page, as of Sep 29, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, Jan 9, 2026 |
| Launched | Jan 13, 2026 | ETFIQ |
| Underlying volatility over the window | 65% annualized | ETFIQ |

## Questions

### Did UUUG return +2 times UUUU?

Over the window to Sep 30, 2026, UUUU moved −22.4% and UUUG returned −48.1%. 2 times that move is −44.9%, so the fund came out 3.2 points short of it.

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

Because it resets daily. UUUG 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.

### Which +2x UUUU ETF tracked its stated multiple most closely?

2 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the figure itself.


## Cite this page

ETFIQ, UUUG, data as of Sep 30, 2026. https://etfiq.com/funds/uuug
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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