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COIG

GradeBNASDAQ Global Select

Leverage Shares 2x Long COIN Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2025-03-14

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.

$6.42−0.16 (−2.41%)

As of Sep 23, 2026, 2:16 PM EDT

History starts Mar 14, 2025.
Intraday session: down, 36 prints from 6.58 to 6.42. Range 6.23 to 6.68. Use the arrow keys to read each point.$6.20$6.6010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$13M
1Y return
−82.0%
Yield · Last 12 months
—
Holdings
4
Volume · 30D
0.2M sh
NAV per share
$6.57
52W range
low $3.50high $52.00

The ETF.net COIG Grade

B

66/ 100

Rank 1 of 5 in 2x Long Coinbase (COIN)⁠

Confidence Medium

Six-pillar profile for COIG. Scores out of 100: Cost 69, Risk 34, Mission 81, Tradability 73, Holdings not scored, Durability 56. Strongest: Mission (81). Weakest: Risk (34). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 66 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 69
    Category rank2/5 · top 40%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 81
    Category rank4/4 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 34
    Category rank4/5 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 73
    Category rank1/5 · top 20%

  • 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.
    BScore 56
    Category rank2/5 · top 40%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on COIG

ETF.net Research

BCoinbase stock already trades like a rollercoaster. COIG straps 2x onto it, one day at a time, at a 0.75% fee that undercuts most of the bullish single-stock leveraged crowd.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of Coinbase Global stock (COIN).

Why people hold it

  1. 01A 0.75% expense ratio where the bullish single-stock leveraged median runs above 1%. On a daily-reset trade, fee drag is one of the few variables you control.leverageshares.com
  2. 02Aims for 200% of COIN's daily move before fees, and has stayed close to that daily target since its 2025 launch.leverageshares.com
  3. 03Swap exposure collateralized by US Treasuries inside a 1940 Act fund. Unlike buying COIN on margin, you cannot lose more than you put in and no margin call can arrive.leverageshares.com

Worth knowing

  1. 01The 2x target resets every day. Across a choppy multi-day stretch, the result can drift a long way from twice COIN's move over that period.leverageshares.com
  2. 02Double leverage on a crypto-exchange stock puts this among the most volatile profiles in an already extreme category. Deep drawdowns are built into the math.
  3. 03Young fund, modest asset base, moderate trading. Spreads and execution costs carry more weight here than in the largest leveraged single-stock names.

COIG Holdings

As of Sep 21, 2026, 6:58 PM
Asset class
Stocks
Holdings
4
Top-10 weight
208%
Largest holding
COINBASE SWAP - L - CF95.1%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—COINBASE SWAP - L - CF95.05%55,764$10M1
002—COINBASE SWAP - L - MAR85.47%50,140$9M1
003—COINBASE SWAP - L - CS19.47%11,421$2M1
004—First American Treasury Obligations Fund 01/01/20408.21%898,126$898K147

Showing 1–4 of 4 holdings

COIG Performance

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

COIG$1,803
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. COIG $1,803. SPY $11,723. Use the arrow keys to read each point.$84$7,146$14,209Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – 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 COIG. Periods over one year show the average yearly return.
PeriodCOIG
Year to date−54.5%
1 month+7.1%
3 months+22.1%
1 year−82.0%
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 COIG
YearReturn barCOIG
2026 YTD−54.5%
2025−9.4%

Since listing, Mar 14, 2025

COIG in the news

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

COIG Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

COIG 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.
128.4%
Annualised · 17 months to Aug 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.
0.09
vs 3-month T-bills · 17 months to Aug 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.
−94.0%
18 months · trough Aug 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.
4.40
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.

COIG Cost

Expense ratio0.75%
  • The middle half of 2x Long Coinbase (COIN) funds
  • Median 0.99%

1 of the 5 2x Long Coinbase (COIN) funds charge less.

COIG costs $75.00 a year on $10,000. The median 2x Long Coinbase (COIN) fund costs $99.00.