Leverage Shares 2X Long FLEX Daily ETF
The fund does not yet have enough measurable history for a letter. Young funds age in naturally as their record builds; nothing is wrong.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.
The ETF.net FLEL Grade
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Not yet graded
The fund does not yet have enough measurable history for a letter. Young funds age in naturally as their record builds; nothing is wrong.
FLEL Performance
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.Not enough history yet.
FLEL$4,802
Returns run to the Nov 2, 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.
| Period | FLEL |
|---|---|
| Year to date | |
| 1 month | −52.0% |
| 3 months | |
| 1 year | |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FLEL |
|---|---|---|
| 2026 YTD | −51.3% |
FLEL in the news
FLEL Dividends
Listed Aug 2026. No distributions yet.
FLEL 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 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.
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.
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.
- 0.00
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.
FLEL Cost
Overpaying vs GOGL, tied cheapest in Single-Stock Long Leveraged
$14,370
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FLEL 0.99%
$18,525
GOGL 0.20% Tied cheapest
$4,155
Cost over time
Year by year
| Year | FLEL | GOGL | Overpaying |
|---|---|---|---|
| 10 | $1,746 | $365 | $1,381 |
| 20 | $6,565 | $1,421 | $5,144 |
| 30 | $18,525 | $4,155 | $14,370 |
Other funds in Single-Stock Long Leveraged
- ATSMGLeverage Shares 2x Long TSM Daily ETFExpense ratio 0.76%1 year return +36.4%
- AUNHGLeverage Shares 2x Long UNH Daily ETFExpense ratio 0.77%1 year return +8.4%
- AOKTGLeverage Shares 2x Long OKTA Daily ETFExpense ratio 0.75%1 year return
- APANGLeverage Shares 2x Long PANW Daily ETFExpense ratio 0.76%1 year return +76.3%
- BAMDGLeverage Shares 2x Long AMD Daily ETFExpense ratio 0.78%1 year return +80.1%
