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Launched · SEC filings

Leverage Shares 2x Long CAT Daily ETF

CATGCboeCThis 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.

$9.23−0.70 (−7.05%)

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: down, 62 prints from 9.93 to 9.23. Range 8.86 to 9.68. Use the arrow keys to read each point.8.809.009.409.609.8010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$4M
1Y total return
—
Yield · Last 12 months
—
Holdings
4
Avg volume · 30D
0.1M sh
NAV per share
$9.92
52W range
low $9.41high $19.15
Launched
Filings
SEC EDGAR

The ETF.net CATG Grade

Based on 4 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
131 of 380
Six-pillar profile for CATG. Scores out of 100: Cost 67, Risk 60, Mission not scored, Tradability 54, Holdings not scored, Durability 43. Strongest: Cost (67). Weakest: Durability (43). Based on 4 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
61
This cap took
−21
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.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B60 out of 100
    Rank 113 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C54 out of 100
    Rank 151 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.
    C43 out of 100
    Rank 223 of 380

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 Oct 11, 2026
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$322K151

Showing 1–4 of 4 holdings

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$6,660
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. CATG $6,660. SPY $10,332. Use the arrow keys to read each point.$6,133$8,395$10,657Jul 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 CATG. Periods over one year show the average yearly return.
PeriodCATG
Year to dateFund launched this year—
1 month−5.8%
3 months−33.4%
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 CATG
YearReturn barCATG
2026 YTD−31.7%

Since listing, May 12, 2026

CATG in the news

Filtered to CATG · Single-Stock Long Leveraged

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 Oct 12, 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%

86 of the 333 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.

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