{
 "ticker": "VIAG",
 "name": "Leverage Shares 2X Long VIAV Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/viag",
 "html": "https://etfiq.com/funds/viag",
 "markdown": "https://etfiq.com/funds/viag.md",
 "as_of": "2026-10-09",
 "verdict": "Three months to Oct 9, 2026: VIAG returned \u22129.4% where its own daily promise gave \u22125.7%, 3.7 points short.",
 "key_facts": [
  {
   "key": "what_viav_did",
   "label": "What VIAV did",
   "value": "+5.5%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "VIAG, what VIAV did: +5.5%, as of Oct 9, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "\u22125.7%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "VIAG, what 2 times a day gives: \u22125.7%, as of Oct 9, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u22129.4%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "VIAG, what the fund returned: \u22129.4%, as of Oct 9, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22123.7 pts",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "VIAG, the fund itself cost: \u22123.7 pts, as of Oct 9, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$781,200",
   "source": "issuer page, as of Oct 8, 2026",
   "as_of": "2026-10-09",
   "sentence": "VIAG, net assets: $781,200 (issuer page, as of Oct 8, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.99%",
   "source": "485BPOS XBRL, Jun 9, 2026",
   "as_of": "2026-10-09",
   "sentence": "VIAG, expense ratio: 0.99% (485BPOS XBRL, Jun 9, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of VIAV, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "-1.71 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "VIAV",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$781,200",
   "source": "issuer page, as of Oct 8, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.99%",
   "source": "485BPOS XBRL, Jun 9, 2026"
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Jul 7, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "80% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+26.8%",
   "VIAV": "+16.0%",
   "+2x the move": "+32.1%",
   "Difference": "\u22125.3 pts",
   "VIAV moved about, annualized": "69%"
  },
  {
   "window": "3 months",
   "Fund": "\u22129.4%",
   "VIAV": "+5.5%",
   "+2x the move": "+11.0%",
   "Difference": "\u221220.5 pts",
   "VIAV moved about, annualized": "80%"
  },
  {
   "window": "Since launch",
   "Fund": "+3.4%",
   "VIAV": "+13.0%",
   "+2x the move": "+26.1%",
   "Difference": "\u221222.7 pts",
   "VIAV moved about, annualized": "79%"
  }
 ],
 "questions": [
  {
   "q": "Did VIAG return +2 times VIAV?",
   "a": "Over the three months to Oct 9, 2026, VIAV moved +5.5% and VIAG returned \u22129.4%. 2 times that move is +11.0%, so the fund came out 20.5 points short of it. Against its own daily promise, 2 times each day's move compounded, it was 3.7 points short."
  },
  {
   "q": "Why does VIAG not return +2 times over a year?",
   "a": "Because it resets daily. VIAG 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."
  }
 ],
 "flows": {
  "as_of": "2026-10-08",
  "coverage": "daily",
  "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/viag.json",
  "windows": [],
  "latest_month": {
   "month": "2026-10",
   "net_flow_usd": 0,
   "net_flow": "$0",
   "source": "ETFIQ, the sum of its days, Oct 6 to Oct 8"
  }
 },
 "generated": "2026-10-10",
 "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, VIAG, leveraged ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/viag"
}