{
 "ticker": "WLDU",
 "name": "Leverage Shares 2X Long World Stock Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/wldu",
 "html": "https://etfiq.com/funds/wldu",
 "markdown": "https://etfiq.com/funds/wldu.md",
 "as_of": "2026-10-21",
 "verdict": "Over the three months to Oct 21, 2026, WLDU returned 0.6%, against 3.5% for twice VT's daily moves.",
 "promise": {
  "badge": "partly",
  "label": "Partly",
  "category": "leverage",
  "sentence": "Over three months to Oct 21, 2026, WLDU finished 2.9 points behind twice VT's daily moves, compounded.",
  "figure": -2.9,
  "unit": "points",
  "from": "2026-07-22",
  "to": "2026-10-21",
  "url": "https://etfiq.com/promise-index/leverage/"
 },
 "key_facts": [
  {
   "key": "what_vt_did",
   "label": "What VT did",
   "value": "+1.9%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-21",
   "sentence": "WLDU, what VT did: +1.9%, as of Oct 21, 2026.",
   "cite": {
    "value": "+1.9%",
    "as_of": "2026-10-21",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/wldu#fact-what-vt-did",
    "text": "WLDU, what VT did: +1.9%, as of Oct 21, 2026."
   }
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "+3.5%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-21",
   "sentence": "WLDU, what 2 times a day gives: +3.5%, as of Oct 21, 2026.",
   "cite": {
    "value": "+3.5%",
    "as_of": "2026-10-21",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/wldu#fact-what-2-times-a-day-gives",
    "text": "WLDU, what 2 times a day gives: +3.5%, as of Oct 21, 2026."
   }
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+0.6%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-21",
   "sentence": "WLDU, what the fund returned: +0.6%, as of Oct 21, 2026.",
   "cite": {
    "value": "+0.6%",
    "as_of": "2026-10-21",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/wldu#fact-what-the-fund-returned",
    "text": "WLDU, what the fund returned: +0.6%, as of Oct 21, 2026."
   }
  },
  {
   "key": "gap_to_2_times_a_day",
   "label": "Gap to 2 times a day",
   "value": "\u22122.9 pts",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-21",
   "sentence": "WLDU, gap to 2 times a day: \u22122.9 pts, as of Oct 21, 2026.",
   "cite": {
    "value": "\u22122.9 pts",
    "as_of": "2026-10-21",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/wldu#fact-gap-to-2-times-a-day",
    "text": "WLDU, gap to 2 times a day: \u22122.9 pts, as of Oct 21, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$3m",
   "source": "issuer page, as of Oct 21, 2026",
   "as_of": "2026-10-21",
   "sentence": "WLDU, net assets: $3m (issuer page, as of Oct 21, 2026).",
   "cite": {
    "value": "$3m",
    "as_of": "2026-10-21",
    "source": "issuer page, as of Oct 21, 2026",
    "url": "https://etfiq.com/funds/wldu#fact-net-assets",
    "text": "WLDU, net assets: $3m (issuer page, as of Oct 21, 2026)."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "497 XBRL, Mar 6, 2026",
   "as_of": "2026-03-06",
   "sentence": "WLDU, expense ratio: 0.75% (497 XBRL, Mar 6, 2026).",
   "cite": {
    "value": "0.75%",
    "as_of": "2026-03-06",
    "source": "497 XBRL, Mar 6, 2026",
    "url": "https://etfiq.com/funds/wldu#fact-expense-ratio",
    "text": "WLDU, expense ratio: 0.75% (497 XBRL, Mar 6, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of VT, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "VT moved +1.9% over this window, too little to read a multiple from",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "VT",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "sector or country, index",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$3m",
   "source": "issuer page, as of Oct 21, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "497 XBRL, Mar 6, 2026"
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Mar 10, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "11% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "\u22124.2%",
   "VT": "\u22121.4%",
   "+2x the move": "\u22122.8%",
   "Difference": "\u22121.4 pts",
   "VT moved about, annualized": "10%"
  },
  {
   "window": "3 months",
   "Total return": "+0.6%",
   "VT": "+1.9%",
   "+2x the move": "+3.8%",
   "Difference": "\u22123.2 pts",
   "VT moved about, annualized": "11%"
  },
  {
   "window": "6 months",
   "Total return": "+5.7%",
   "VT": "+6.3%",
   "+2x the move": "+12.6%",
   "Difference": "\u22126.9 pts",
   "VT moved about, annualized": "13%"
  },
  {
   "window": "Since launch",
   "Total return": "+14.5%",
   "VT": "+11.7%",
   "+2x the move": "+23.4%",
   "Difference": "\u22128.9 pts",
   "VT moved about, annualized": "15%"
  }
 ],
 "questions": [
  {
   "q": "Did WLDU return +2 times VT?",
   "a": "Over the three months to Oct 21, 2026, VT moved +1.9% and WLDU returned +0.6%. 2 times that move is +3.8%, so the fund came out 3.2 points short of it. That is not its objective, which is daily. Against 2 times each day's move, compounded, it was 2.9 points short."
  },
  {
   "q": "Why does WLDU not return +2 times over a year?",
   "a": "Because it resets daily. WLDU 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."
  },
  {
   "q": "Which +2x VT ETF came closest to its daily multiple?",
   "a": "2 issuers sell one. The table on this page ranks them by how far each finished from 2 times the underlying's move, over the days all of them have traded."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "High since Mar 10, 2026, daily closes to Oct 21, 2026",
   "value": "$18.31 on Aug 13, 2026",
   "as_of": "2026-08-13",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 18.3053,
   "window": {
    "from": "2026-03-10",
    "to": "2026-10-21"
   }
  },
  {
   "key": "low52",
   "label": "Low since Mar 10, 2026, daily closes to Oct 21, 2026",
   "value": "$13.14 on Mar 30, 2026",
   "as_of": "2026-03-30",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 13.1375,
   "window": {
    "from": "2026-03-10",
    "to": "2026-10-21"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Oct 21, 2026, within that range",
   "value": "$17.16, 78% of the way from the low to the high",
   "as_of": "2026-10-21",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 17.1586
  }
 ],
 "flows": {
  "as_of": "2026-10-21",
  "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/wldu.json",
  "windows": [
   {
    "window": "1 day",
    "from": "2026-10-21",
    "to": "2026-10-21",
    "net_flow_usd": 0,
    "net_flow": "$0",
    "round_trip_usd": 0,
    "days_counted": 1,
    "trading_days": 1
   }
  ],
  "daily_counts_start": "2026-10-19",
  "windows_without_daily_figure": [
   "1 week",
   "1 month",
   "3 months",
   "Year to date",
   "1 year"
  ]
 },
 "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, WLDU, leveraged ETFs, data as of Oct 21, 2026. https://etfiq.com/funds/wldu"
}