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Launched · SEC filings

Leverage Shares 2x Long FIG Daily ETF

FIGGNasdaqLeverageSharesBThis 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.

$16.41+0.83 (+5.34%)

At close: Nov 2, 2026, 4:00 PM ET

B59/ 100

Rank 44 of 380 in Single-Stock Long Leveraged

B59/100Rank 44 of 380inSingle-Stock Long Leveraged
Intraday session: up, 79 prints from 15.58 to 16.41. Range 15.17 to 17.44. Use the arrow keys to read each point.16.0017.0017.5010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$9M
1Y total return
−91.1%
Yield · Last 12 months
No data
Holdings
5
Avg volume · 30D
145K sh
52W range
low $12.40high $175.60
Launched
Filings
SEC EDGAR

The ETF.net FIGG Grade

Based on 5 of 6 pillars

B

Score 59 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
44 of 380
Six-pillar profile for FIGG. Scores out of 100: Cost 70, Risk 33, Mission 98, Tradability 66, Holdings not scored, Durability 55. Strongest: Mission (98). Weakest: Risk (33). Based on 5 of 6 pillars.

Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A70 out of 100
    Rank 87 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A98 out of 100
    Rank 12 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D33 out of 100
    Rank 268 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B66 out of 100
    Rank 98 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.
    B55 out of 100
    Rank 154 of 380

Our read on FIGG

ETF.net Research

In short

BOne ticker, two times Figma's daily move. FIGG rebuilds that exposure every trading day and charges 0.75%, less than the 2x single-stock crowd typically asks.

Stated mandate

The Fund seeks daily returns, before fees and expenses, equal to two times the daily percentage change in the price of FIG common stock. It is intended as a short-term trading vehicle and does not target its multiple over periods other than one trading day.

Why people hold it

  • Charges 0.75%, under the typical fee for 2x single-stock funds and level with the cheapest of the group (UNHG, ASMG, AMDG sit at the same rate).leverageshares.com
  • Does its stated job closely: two times the daily percentage change in FIG stock, before fees and expenses.leverageshares.com
  • One of the stronger implementations in a crowded field of bull single-stock leveraged funds.
  • Geared Figma exposure in a 1940 Act fund wrapper, no margin account or options chain required.leverageshares.com

Worth knowing

  • The leverage resets daily. Hold longer and results can drift far from 2x the stock's move; the prospectus calls it a short-term trading vehicle.leverageshares.com
  • One stock carries the entire fund, doubled. No basket underneath to soften a rough day at Figma.
  • A 2025 launch that trades moderately rather than heavily, so spreads can run wider than the mega-cap-linked leveraged funds.

FIGG Performance

Launched Oct 14, 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.
FIGG$888
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FIGG $888. SPY $11,199. Use the arrow keys to read each point.$0$5,000$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 FIGG. Periods over one year show the average yearly return.
PeriodFIGG
Year to date−82.9%
1 month+1.2%
3 months−34.3%
1 year−91.1%
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 FIGG
YearReturn barFIGG
2026 YTD−82.9%
2025−66.0%

Since listing, Oct 14, 2025

FIGG in the news

FIGG Dividends

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

No distributions in the last 12 months.

FIGG Risk

Risk pillarD33 out of 100Rank 268 of 368 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.
171.2%
Annualised · 12 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.
−0.54
vs 3-month T-bills · 12 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.
−95.8%
12 months · trough Jun 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.
2.77
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.

FIGG Cost

Compare FIGG 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.

  • FIGG 0.75%

    $14,482

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • FIGG 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$15K051015202530FIGG $14,482GOGL $4,155

Year by year

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

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