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Launched · SEC filings

Leverage Shares 2x Long CAT Daily ETF

CATGCboeLeverageSharesCThis 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.

$4.96−0.37 (−6.94%)

As of Nov 10, 2026, 11:22 AM ET

C40/ 100

Rank 136 of 367 in Single-Stock Long Leveraged

C40/100Rank 136 of 367inSingle-Stock Long Leveraged
Intraday session: down, 24 prints from 5.33 to 4.96. Range 4.85 to 5.10. Use the arrow keys to read each point.4.905.105.2010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$4M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
4
Avg volume · 30D
76.5K sh
52W range
low $4.55high $19.15
Launched
Filings
SEC EDGAR

The ETF.net CATG 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 CATG. Scores out of 100: Cost 70, Risk 47, Mission 100, Tradability 56, Holdings not scored, Durability 43. Strongest: Mission (100). Weakest: Durability (43). 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
60
This cap took
−20
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A70 out of 100
    Rank 87 of 367

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 143

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C47 out of 100
    Rank 180 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B56 out of 100
    Rank 146 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.
    C43 out of 100
    Rank 219 of 367

Our read on CATG

ETF.net Research

In short

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

  • Aims to deliver twice Caterpillar's daily move from a plain brokerage account, with no margin loan or options ladder to manage.leverageshares.com
  • 0.75% a year, under the typical fee for 2x single-stock funds and below Direxion peers such as AAPU and GGLL at 0.96%.
  • A 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
  • Industrial 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

  • The 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.
  • Two-times cuts both ways: a 1% fall in CAT is designed to be about a 2% fall here, before fees.
  • A small, thinly traded fund launched in 2026, so spreads and order sizing matter. It pays no distributions; everything rides on price.

CATG Performance

Launched May 12, 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.
CATG$4,647
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,758
Aug 7, 2026 to Nov 9, 2026. CATG $4,647. SPY $9,758. Use the arrow keys to read each point.$5,000$7,500$10,000Aug 2026Sep 2026Nov 2026

Aug 7, 2026 – 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 CATG. Periods over one year show the average yearly return.
PeriodCATG
Year to dateFund launched this yearNo data
1 month−46.3%
3 months−53.5%
1 yearFund is under 1 year oldNo data
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 CATG
YearReturn barCATG
2026 YTD−63.3%

Since listing, May 12, 2026

CATG in the news

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 Nov 9, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed May 2026. No distributions yet.

CATG Risk

Risk pillarC47 out of 100Rank 180 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.
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.

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

CATG Cost

Compare CATG and GOGL

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

$10,327

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

  • CATG 0.75%

    $14,482

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • CATG 0.75%
  • 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$15K051015202530CATG $14,482GOGL $4,155

Year by year

YearCATGGOGLOverpaying
10$1,336$365$971
20$5,078$1,421$3,657
30$14,482$4,155$10,327

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