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CATG

GradeCChicago Board Options Exchange

Leverage Shares 2x Long CAT Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2026-05-12 · SEC filings

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.

$10.30+0.03 (+0.29%)

As of Sep 23, 2026, 2:05 PM EDT

History starts May 12, 2026.History starts May 12, 2026.History starts May 12, 2026.
Intraday session: up, 22 prints from 10.27 to 10.30. Range 10.04 to 10.30. Use the arrow keys to read each point.$10.10$10.2010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$3M
1Y return
—
Yield · Last 12 months
—
Holdings
4
Volume · 30D
0M sh
NAV per share
$10.45
52W range
low $9.41high $19.15

The ETF.net CATG Grade

C

40/ 100

Rank 150 of 380 in Single-Stock Long Leveraged⁠

Confidence Medium

Six-pillar profile for CATG. Scores out of 100: Cost 67, Risk 62, Mission not scored, Tradability 40, Holdings not scored, Durability 42. Strongest: Cost (67). Weakest: Tradability (40). 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 earned58This cap took−18Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank104/380 · top 27%

  • 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.
    BScore 62
    Category rank83/285 · top 29%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 40
    Category rank224/380 · 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 42
    Category rank234/380 · mid-pack

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

Our read on CATG

ETF.net Research

CMost 2x single-stock ETFs chase megacap tech. CATG points the same daily-reset machinery at Caterpillar, the yellow-iron bellwether of construction, mining and global capex, aiming for twice CAT's daily move at a below-average fee.

Stated mandate

The fund seeks to deliver twice the daily performance of Caterpillar Inc. stock, before fees and expenses.

Why people hold it

  1. 01Aims to deliver twice Caterpillar's daily move from a plain brokerage account, with no margin loan or options ladder to manage.leverageshares.com
  2. 020.75% a year, under the typical fee for 2x single-stock funds and below Direxion peers such as AAPU and GGLL at 0.96%.
  3. 03A 1940 Act ETF wrapper: the 2x multiple and daily reset are spelled out in the prospectus, and your exposure stops at the shares you hold.leverageshares.com
  4. 04Industrial rather than tech exposure: the reference is one machinery maker tied to construction and mining demand, a corner rarely covered by leveraged funds.

Worth knowing

  1. 01The leverage resets daily. Hold for weeks and results can drift far from twice CAT's move over that stretch, with choppy markets doing the most damage.
  2. 02Two-times cuts both ways: a 1% fall in CAT is designed to be about a 2% fall here, before fees.
  3. 03A small, thinly traded fund launched in 2026, so spreads and order sizing matter. It pays no distributions; everything rides on price.

CATG Holdings

As of Sep 21, 2026, 6:57 PM
Asset class
Stocks
Holdings
4
Top-10 weight
211%
Largest holding
CATERPILLAR INC.-SWAP-CLST-L164.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CATERPILLAR INC.-SWAP-CLST-L164.68%5,641$5M1
002—CATERPILLAR INC.-SWAP-CANT-L18.48%633$524K1
003—CATERPILLAR INC.-SWAP-MREX-L16.79%575$476K1
004—First American Treasury Obligations Fund 01/01/204011.34%321,580$322K147

Showing 1–4 of 4 holdings

CATG Performance

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

CATG$5,859
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. CATG $5,859. SPY $10,415. Use the arrow keys to read each point.$5,054$8,155$11,255Jun 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 CATG. Periods over one year show the average yearly return.
PeriodCATG
Year to dateFund launched this year—
1 month−6.0%
3 months−41.4%
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 CATG
YearReturn barCATG
2026 YTD−29.4%

Since listing, May 12, 2026

CATG in the news

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

CATG 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 May 2026. No distributions yet.

CATG 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 May 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 May 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 May 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.
−2.25
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.

CATG 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.

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