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Launched

Leverage Shares 2x Long BLSH Daily ETF

BLSGNasdaqCThis 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.

$2.57+0.03 (+1.05%)

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

C40/ 100

Rank 131 of 380 in Single-Stock Long Leveraged

C40/100Rank 131 of 380inSingle-Stock Long Leveraged
Intraday session: up, 33 prints from 2.54 to 2.57. Range 2.47 to 2.63. Use the arrow keys to read each point.2.482.502.522.602.6310 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$2M
1Y total return
—
Yield · Last 12 months
—
Holdings
5
Avg volume · 30D
0.1M sh
NAV per share
$2.69
52W range
low $1.26high $16.20
Launched

The ETF.net BLSG Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
131 of 380
Six-pillar profile for BLSG. Scores out of 100: Cost 67, Risk 26, Mission 97, Tradability 46, Holdings not scored, Durability 44. Strongest: Mission (97). Weakest: Risk (26). Based on 5 of 6 pillars.

Score 40 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.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
51
This cap took
−11
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B67 out of 100
    Rank 87 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A97 out of 100
    Rank 20 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D26 out of 100
    Rank 304 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C46 out of 100
    Rank 205 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.
    C44 out of 100
    Rank 220 of 380

Our read on BLSG

ETF.net Research

CA one-stock, one-day instrument: BLSG aims for 200% of Bullish stock's daily move, reset every morning. Launched in late 2025 at 0.75%, it comes in under the usual toll for 2x single-stock funds.

Stated mandate

The fund seeks daily investment results, before fees and expenses, corresponding to 200% of the daily performance of Bullish stock.

Why people hold it

  1. 01Aims to deliver 200% of Bullish (BLSH) stock's daily move inside a registered 1940 Act ETF, so the leverage arrives in a normal brokerage ticket with no margin account to maintain.leverageshares.com
  2. 020.75% expense ratio sits below the typical fee in the 2x single-stock crowd. It is the same house rate as Leverage Shares siblings AMDG and UNHG, while Direxion's GGLL and AAPU list 0.96%.
  3. 03The mechanism does what the prospectus says: day-to-day results have tracked the stated 2x daily target closely, which is the whole job for a tool like this.

Worth knowing

  1. 01The 2x target resets daily. Hold past a day and the result depends on the path BLSH takes, not just the endpoint; choppy stretches drag on compounded returns.
  2. 02One stock, doubled. No diversification cushions an earnings surprise or a single headline at Bullish, and the fund has not paid distributions.
  3. 03Young and small: launched October 2025 with a modest asset base and moderate volume, so spreads can be wider than on the household-name 2x tickers.

BLSG Holdings

As of Oct 11, 2026
Asset class
Stocks
Holdings
5
Top-10 weight
216%
Largest holding
Bullish Swap-L - Marex158.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Bullish Swap-L - Marex158.01%130,064$4M1
002—Bullish Swap-L - Cantor21.08%17,350$528K1
003—Bullish Swap-L - Clearstreet20.59%16,946$515K1
004—First American Treasury Obligations Fund 01/01/204015.86%397,013$397K151
005—Tradr 2X Long Blsh Daily Etf-Swap-Jnst-L0.31%257$8K1

Showing 1–5 of 5 holdings

BLSG Performance

Launched Oct 27, 2025

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.
BLSG$3,924
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,500
Dec 31, 2025 to Oct 12, 2026. BLSG $3,924. SPY $11,500. Use the arrow keys to read each point.$1,374$7,076$12,777Dec 2025May 2026Oct 2026

Dec 31, 2025 – 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 BLSG. Periods over one year show the average yearly return.
PeriodBLSG
Year to date−60.8%
1 month−23.2%
3 months+39.7%
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 BLSG
YearReturn barBLSG
2026 YTD−60.8%
2025−60.0%

Since listing, Oct 27, 2025

BLSG in the news

Filtered to BLSG · Single-Stock Long Leveraged

BLSG 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 Oct 2025. No distributions yet.

BLSG 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 Oct 2025; 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 Oct 2025; 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 Oct 2025; 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.
0.20
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.

BLSG Cost

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

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

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

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