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Leverage Shares 2x Long BULL Daily ETF

BULGNasdaqLeverageSharesCThis 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.

$13.19−0.76 (−5.45%)

As of Nov 10, 2026, 11:16 AM ET

C40/ 100

Rank 136 of 367 in Single-Stock Long Leveraged

C40/100Rank 136 of 367inSingle-Stock Long Leveraged
Intraday session: down, 22 prints from 13.95 to 13.19. Range 13.00 to 13.93. Use the arrow keys to read each point.13.0013.4013.6013.8010 AM12 PM2 PM4 PM
Expense ratio
0.87%
Fund size
$2M
1Y total return
−87.0%
Yield · Last 12 months
No data
Holdings
5
Avg volume · 30D
10.8K sh
52W range
low $13.25high $118.20
Launched

The ETF.net BULG Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
136 of 367
Six-pillar profile for BULG. Scores out of 100: Cost 59, Risk 40, Mission 74, Tradability 48, Holdings not scored, Durability 46. Strongest: Mission (74). Weakest: Risk (40). 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.
    B59 out of 100
    Rank 150 of 367

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A74 out of 100
    Rank 125 of 143

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C40 out of 100
    Rank 227 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C48 out of 100
    Rank 199 of 367

  • 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.
    C46 out of 100
    Rank 208 of 367

Our read on BULG

ETF.net Research

In short

CTwo times the daily move in Webull stock, wrapped in a 1940 Act ETF. The same daily-reset machinery Leverage Shares runs across its single-stock shelf, pointed at one young, headline-prone online broker.

Stated mandate

The fund seeks daily investment results equal to 200% of the daily performance of Webull Corp stock, before fees and expenses.

Why people hold it

  • The mandate is blunt: 200% of Webull's daily move before fees, reset each day. One stock, one multiple, no index committee or hedging overlay in between.leverageshares.com
  • Fee sits below the median for leveraged single-stock ETFs, a category running to hundreds of tickers.
  • A 1940 Act registered fund, exchange-listed: no margin account, no options approval, no swap paperwork of your own.leverageshares.com
  • One of dozens of near-identical 2x wrappers from the same shop (TSMG, OKTG, PANG). The machinery is well-worn; the underlying is the only real variable.

Worth knowing

  • Daily reset means multi-day results compound off each new base. The issuer calls it a short-term tactical tool, often a single-day hold.leverageshares.com
  • No diversification by design: one company's headlines move this fund at double speed, in both directions.
  • Assets are modest and trading is light. Leverage Shares closed 13 subscale ETFs in October 2026, so fund size and spreads are worth watching.leverageshares.com

BULG Performance

Launched Aug 11, 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.
BULG$1,301
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. BULG $1,301. SPY $11,339. Use the arrow keys to read each point.$5,000$10,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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 BULG. Periods over one year show the average yearly return.
PeriodBULG
Year to date−78.4%
1 month−42.0%
3 months−63.8%
1 year−87.0%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 BULG
YearReturn barBULG
2026 YTD−78.4%
2025−78.1%

Since listing, Aug 11, 2025

BULG in the news

BULG Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

BULG Risk

Risk pillarC40 out of 100Rank 227 of 363 in Single-Stock Long Leveraged

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.
151.8%
Annualised · 14 months to Oct 2026
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.
−0.79
vs 3-month T-bills · 14 months to Oct 2026
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.
−96.1%
14 months · trough Nov 2026
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.
8.28
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.

FMP measures it over up to five years of monthly returns.

BULG Cost

Compare BULG and GOGL

Overpaying vs GOGL, tied cheapest in Single-Stock Long Leveraged

$12,381

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BULG 0.87%

    $16,536

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • BULG 0.87%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530BULG $16,536GOGL $4,155

Year by year

YearBULGGOGLOverpaying
10$1,542$365$1,177
20$5,830$1,421$4,409
30$16,536$4,155$12,381

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