# XPEG (Leverage Shares 2X Long XPEV Daily ETF)

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

Three months to Oct 2, 2026: XPEG returned −53.8% where its own daily promise gave −52.1%, 1.6 points short.

## Key facts

- XPEG, what XPEV did: −29.3%, as of Oct 2, 2026.
- XPEG, what 2 times a day gives: −52.1%, as of Oct 2, 2026.
- XPEG, what the fund returned: −53.8%, as of Oct 2, 2026.
- XPEG, the fund itself cost: −1.6 pts, as of Oct 2, 2026.
- XPEG, net assets: $1m (issuer page, as of Oct 1, 2026).
- XPEG, expense ratio: 0.75% (485BPOS XBRL, Jan 9, 2026).

## XPEG over each window to Oct 2, 2026

| Window | Fund | XPEV | +2x the move | Difference | XPEV moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −31.9% | −16.5% | −33.0% | +1.2 pts | 30% |
| 3 months | −53.8% | −29.3% | −58.6% | +4.8 pts | 40% |
| 6 months | −76.9% | −47.7% | −95.5% | +18.5 pts | 42% |
| Since launch | −85.0% | −55.7% | −111.4% | +26.4 pts | 46% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of XPEV, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.84 times, against +2 stated | ETFIQ |
| Underlying | XPEV | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $1m | issuer page, as of Oct 1, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, Jan 9, 2026 |
| Launched | Jan 15, 2026 | ETFIQ |
| Underlying volatility over the window | 40% annualized | ETFIQ |

## Questions

### Did XPEG return +2 times XPEV?

Over the window to Oct 2, 2026, XPEV moved −29.3% and XPEG returned −53.8%. 2 times that move is −58.6%, so the fund came out 4.8 points ahead of it.

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

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

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