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Launched · SEC filings

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

AXTLCboeCThis 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.

$2.24+0.18 (+8.74%)

At close: Oct 13, 2026, 4:00 PM

C42/ 100

Rank 121 of 380 in Single-Stock Long Leveraged

C42/100Rank 121 of 380inSingle-Stock Long Leveraged
Intraday session: up, 75 prints from 2.06 to 2.24. Range 1.95 to 2.24. Use the arrow keys to read each point.1.952.002.102.152.2010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$5M
1Y total return
—
Yield · Last 12 months
—
Holdings
3
Avg volume · 30D
0.8M sh
NAV per share
$2.53
52W range
low $1.17high $14.69
Launched
Filings
SEC EDGAR

The ETF.net AXTL Grade

Based on 4 of 6 pillars

C

Score 42 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
121 of 380
Six-pillar profile for AXTL. Scores out of 100: Cost 51, Risk 29, Mission not scored, Tradability 39, Holdings not scored, Durability 40. Strongest: Cost (51). Weakest: Risk (29). Based on 4 of 6 pillars.

Score 42 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C51 out of 100
    Rank 168 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D29 out of 100
    Rank 289 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D39 out of 100
    Rank 255 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C40 out of 100
    Rank 238 of 380

AXTL Holdings

As of Oct 11, 2026
Asset class
Stocks
Holdings
3
Top-10 weight
206%
Largest holding
Axt, Inc.-Swap-Mrex-L176.6%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Axt, Inc.-Swap-Mrex-L176.62%104,093$7M1
002—Axt, Inc.-Swap-Clst-L23.41%13,799$976K1
003—First American Treasury Obligations Fund 01/01/20405.75%239,619$240K151

Showing 1–3 of 3 holdings

AXTL Performance

Launched Jun 16, 2026

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
AXTL$7,424
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. AXTL $7,424. SPY $10,332. Use the arrow keys to read each point.$2,463$10,530$18,598Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 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 AXTL. Periods over one year show the average yearly return.
PeriodAXTL
Year to dateFund launched this year—
1 month−2.0%
3 months−25.8%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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 AXTL
YearReturn barAXTL
2026 YTD−75.8%

Since listing, Jun 16, 2026

AXTL in the news

Filtered to AXTL · Single-Stock Long Leveraged

AXTL 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 Oct 12, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Jun 2026. No distributions yet.

AXTL 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 Jun 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 Jun 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 Jun 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.
−9.79
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.

AXTL Cost

Expense ratio0.99%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

167 of the 333 Single-Stock Long Leveraged funds charge less.

AXTL costs $99.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.

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