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GLGG

GradeCNASDAQ Global Market

Leverage Shares 2x Long GLXY Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2025-08-21

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.

$5.50−0.43 (−7.22%)

As of Sep 23, 2026, 3:03 PM EDT

History starts Aug 21, 2025.
Intraday session: down, 31 prints from 5.93 to 5.50. Range 5.50 to 5.93. Use the arrow keys to read each point.$5.60$5.70$5.80$5.9010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$3M
1Y return
−78.0%
Yield · Last 12 months
—
Holdings
5
Volume · 30D
0.1M sh
NAV per share
$5.46
52W range
low $3.13high $45.80

The ETF.net GLGG Grade

C

40/ 100

Rank 163 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for GLGG. Scores out of 100: Cost 67, Risk 31, Mission 96, Tradability 45, Holdings not scored, Durability 48. Strongest: Mission (96). Weakest: Risk (31). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned52This cap took−12Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank125/380 · top 33%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 96
    Category rank38/147 · top 26%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 31
    Category rank227/285 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 45
    Category rank195/380 · mid-pack

  • 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.
    CScore 48
    Category rank205/380 · mid-pack

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

Our read on GLGG

ETF.net Research

CA 2x daily play on Galaxy Digital, the Nasdaq-listed crypto shop now pouring concrete for AI data centers. It wasn't first to that trade, but at 0.75% it undercuts the typical leveraged single-stock fund.

Stated mandate

The fund seeks daily investment results, before fees and expenses, that correspond to 200% of the daily performance of the GLXY underlying stock.

Why people hold it

  1. 01Charges 0.75% a year against a peer-group median near 1%. On a product traded in and out of, fee drag is the piece you actually control.leverageshares.com
  2. 02Exposure runs through swaps backed by US Treasury obligations. Unlike buying the stock on margin, you can't lose more than you put in and no broker calls for cash.leverageshares.com
  3. 03One job, stated plainly: 200% of GLXY's daily move. Sibling 2x funds from the same shop (UNHG, ASMG, AMDG) rank among the strongest in this peer group.

Worth knowing

  1. 01Leverage resets every day. Hold past one session and a choppy stretch can leave you well away from 2x the stock's move over that period.leverageshares.com
  2. 02The underlying is one stock riding two jumpy stories, digital assets and an AI data center buildout. The 2x wrapper doubles each day's swing in both directions.news.bitcoin.com
  3. 03Small and only moderately traded next to the category's headline names, so spreads and order timing carry more weight here.

GLGG Holdings

As of Sep 21, 2026, 6:58 PM
Asset class
Stocks
Holdings
5
Top-10 weight
205%
Largest holding
GALAXY DIGITAL INC SWAP - L - CLEARSTREET126.2%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—GALAXY DIGITAL INC SWAP - L - CLEARSTREET126.20%158,552$4M1
002—GALAXY DIGITAL INC SWAP - L - MAREX64.55%81,100$2M1
003—GALAXY DIGITAL INC SWAP - L - CANTOR8.76%11,000$260K1
004—First American Treasury Obligations Fund 01/01/20405.25%156,044$156K147
005—GALAXY DIGITAL-SWAP-JNST-L0.50%633$15K1

Showing 1–5 of 5 holdings

GLGG Performance

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

GLGG$2,196
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. GLGG $2,196. SPY $11,723. Use the arrow keys to read each point.$63$8,120$16,176Sep 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 GLGG. Periods over one year show the average yearly return.
PeriodGLGG
Year to date−34.6%
1 month+22.7%
3 months−48.5%
1 year−78.0%
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 GLGG
YearReturn barGLGG
2026 YTD−34.6%
2025−36.6%

Since listing, Aug 21, 2025

GLGG in the news

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

GLGG Dividends

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

No distributions in the last 12 months.

GLGG 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.
189.5%
Annualised · 12 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.
0.24
vs 3-month T-bills · 12 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.
−92.2%
13 months · trough Jul 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.
7.45
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.

GLGG 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.

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