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FUTG

GradeBNASDAQ Global Select

Leverage Shares 2x Long FUTU Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2025-10-14 · SEC filings

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.

$4.00−0.33 (−7.52%)

As of Sep 23, 2026, 3:04 PM EDT

History starts Oct 14, 2025.History starts Oct 14, 2025.
Intraday session: down, 55 prints from 4.32 to 4.00. Range 4.00 to 4.23. Use the arrow keys to read each point.$4.10$4.2010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$21M
1Y return
—
Yield · Last 12 months
—
Holdings
4
Volume · 30D
2.3M sh
NAV per share
$4.30
52W range
low $2.30high $22.90

The ETF.net FUTG Grade

B

59/ 100

Rank 42 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for FUTG. Scores out of 100: Cost 67, Risk 39, Mission 66, Tradability 67, Holdings not scored, Durability 58. Strongest: Cost (67). Weakest: Risk (39). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 59 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 67
    Category rank122/380 · top 32%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 66
    Category rank142/147 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 39
    Category rank190/285 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 67
    Category rank101/380 · top 27%

  • 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 58
    Category rank142/380 · top 37%

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

Our read on FUTG

ETF.net Research

BLeveraged single-stock ETFs mostly crowd around megacap tech. FUTG aims 2x daily leverage at a financials name instead, Futu (FUTU), and charges 0.75% a year to do it.

Stated mandate

The Fund seeks daily investment results, before fees and expenses, corresponding to 200% of the daily performance of the FUTU underlying stock.

Why people hold it

  1. 01Targets 200% of FUTU's daily move in a plain ETF wrapper: no margin account, no options chain, no borrow to arrange.leverageshares.com
  2. 020.75% a year undercuts the typical leveraged single-stock fund and matches the cheapest tier of the category, including Direxion's 2x bulls, which run higher.
  3. 03A 1940 Act fund, not a note: daily holdings disclosure and standard ETF plumbing behind the leverage.leverageshares.com
  4. 04Sits in the upper tier of a very crowded leveraged single-stock field on cost and ease of trading, and it changes hands actively despite a small asset base.

Worth knowing

  1. 01The 2x target resets every day. Hold longer and your result can drift well away from twice FUTU's move, especially through choppy stretches.leverageshares.com
  2. 02Leverage runs both directions: a down day in FUTU lands roughly twice as hard. The prospectus frames this as a position to monitor daily.leverageshares.com
  3. 03Launched in late 2025 with a small asset base and no distributions so far, so there is limited history to judge it on.

FUTG Holdings

As of Sep 21, 2026, 6:58 PM
Asset class
Stocks
Holdings
4
Top-10 weight
209%
Largest holding
FUTU HLDGS LTD SWAP CLEARSTREET83.2%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—FUTU HLDGS LTD SWAP CLEARSTREET83.15%198,360$25M1
002—FUTU HLDGS LTD SWAP MAREX71.43%170,400$21M1
003—FUTU HLDGS LTD SWAP CANTOR45.42%108,350$13M1
004—First American Treasury Obligations Fund 01/01/20409.21%2,717,718$3M147

Showing 1–4 of 4 holdings

FUTG Performance

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

FUTG$3,019
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. FUTG $3,019. SPY $11,430. Use the arrow keys to read each point.$1,290$7,544$13,798Dec 2025May 2026Sep 2026

Dec 31, 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 FUTG. Periods over one year show the average yearly return.
PeriodFUTG
Year to date−69.8%
1 month−17.4%
3 months+16.8%
1 yearFund is under 1 year old—
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 FUTG
YearReturn barFUTG
2026 YTD−69.8%
2025−0.8%

Since listing, Oct 14, 2025

FUTG in the news

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

FUTG 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 Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Oct 2025. No distributions yet.

FUTG 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 Oct 2025; 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 Oct 2025; 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 Oct 2025; 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.
1.37
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.

FUTG Cost

Expense ratio0.75%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

85 of the 329 Single-Stock Long Leveraged funds charge less.

FUTG costs $75.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.