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ALBG

GradeCNASDAQ

Themes ETF Trust - Leverage Shares 2X Long ALB Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2026-01-13

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$5.01−0.24 (−4.54%)

As of Sep 23, 2026, 1:40 PM EDT

History starts Jan 13, 2026.History starts Jan 13, 2026.
Intraday session: down, 25 prints from 5.25 to 5.01. Range 4.86 to 5.06. Use the arrow keys to read each point.$4.85$4.90$4.95$5.0510 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1M
1Y return
—
Yield · Last 12 months
—
Holdings
5
Volume · 30D
0M sh
NAV per share
$4.92
52W range
low $4.53high $21.01

The ETF.net ALBG Grade

C

40/ 100

Rank 139 of 380 in Single-Stock Long Leveraged⁠

Confidence Medium

Six-pillar profile for ALBG. Scores out of 100: Cost 67, Risk 42, Mission not scored, Tradability 29, Holdings not scored, Durability 41. Strongest: Cost (67). Weakest: Tradability (29). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned50This cap took−10Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank91/380 · top 24%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 42
    Category rank177/285 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 29
    Category rank277/380 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 41
    Category rank235/380 · mid-pack

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

ALBG Holdings

As of Sep 21, 2026, 6:59 PM
Asset class
Stocks
Holdings
5
Top-10 weight
210%
Largest holding
ALBEMARLE CORP SWAP CS116.3%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—ALBEMARLE CORP SWAP CS116.29%17,413$2M1
002—ALBEMARLE CORP SWAP MAREX55.33%8,285$1M1
003—ALBEMARLE CORP SWAP CF27.98%4,190$600K1
004—First American Treasury Obligations Fund 01/01/20409.65%206,993$207K147
005—ALBEMARLE CORPORATION-SWAP-JNST-L0.38%57$8K1

Showing 1–5 of 5 holdings

ALBG Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ALBG$5,155
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. ALBG $5,155. SPY $10,415. Use the arrow keys to read each point.$4,108$7,514$10,920Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ALBG. Periods over one year show the average yearly return.
PeriodALBG
Year to dateFund launched this year—
1 month−35.1%
3 months−48.4%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ALBG
YearReturn barALBG
2026 YTD−67.8%

Since listing, Jan 13, 2026

ALBG in the news

ETF.net Research hasn’t filed on ALBG yet — coverage lands here as it’s written.

ALBG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Jan 2026. No distributions yet.

ALBG Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Jan 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Jan 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Jan 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.53
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ALBG Cost

Expense ratio0.75%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

85 of the 329 Single-Stock Long Leveraged funds charge less.

ALBG costs $75.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.