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Launched

Leverage Shares 2x Long GRAB Daily ETF

GRAGNasdaqLeverageSharesCThis 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.

$5.22+0.40 (+8.35%)

At close: Nov 5, 2026, 4:00 PM ET

C40/ 100

Rank 135 of 380 in Single-Stock Long Leveraged

C40/100Rank 135 of 380inSingle-Stock Long Leveraged
Intraday session: up, 79 prints from 4.82 to 5.22. Range 4.63 to 5.25. Use the arrow keys to read each point.4.604.704.905.005.1010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$3M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
4
Avg volume · 30D
48.8K sh
52W range
low $3.15high $15.37
Launched

The ETF.net GRAG Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
135 of 380
Six-pillar profile for GRAG. Scores out of 100: Cost 70, Risk 48, Mission 67, Tradability 46, Holdings not scored, Durability 44. Strongest: Cost (70). Weakest: Durability (44). Based on 5 of 6 pillars.

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

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
57
This cap took
−17
Published Score
40 Grade C

  • 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.
    B67 out of 100
    Rank 137 of 151

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C48 out of 100
    Rank 185 of 375

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C46 out of 100
    Rank 213 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.
    C44 out of 100
    Rank 218 of 380

Our read on GRAG

ETF.net Research

In short

CTwo times Grab Holdings' daily move, in an ETF you can hold in a plain brokerage account. It costs 0.75%, under the usual toll for single-stock leverage, and the exposure resets every day, which makes it a short-horizon instrument.

Stated mandate

The fund seeks daily investment results equal to 200% (2x) of Grab Holdings Limited stock's daily performance before fees and expenses.

Why people hold it

  • 0.75% a year matches the rest of the Leverage Shares 2x lineup (UNHG, ASMG, AMDG) and undercuts the 0.96% on Direxion's AAPU and GGLL.
  • One dial, no moving parts: 200% of Grab's daily move before fees. No options to roll, no index to track, no margin account or swap agreement of your own.leverageshares.com
  • Single-stock leverage skews US megacap (AAPU on Apple, GGLL on Alphabet). This one aims the same 2x machinery at Grab Holdings, a name outside that pack.

Worth knowing

  • The 2x target is a one-day target. Hold longer and compounding takes over, so multi-day results can drift from twice Grab's move over the same stretch.leverageshares.com
  • One company, doubled. An earnings miss, a regulatory shift or a single headline at Grab lands here at twice the size, with no other holdings to cushion it.
  • It launched in December 2025 and has traded thinly since. Light volume tends to mean wider bid/ask spreads and more slippage on the way in and out.

GRAG Holdings

Asset class
Stocks
Holdings
4
Top-10 weight
208%
Largest holding
Grab Holdings Limited-Swap-Clst-L146.8%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataGrab Holdings Limited-Swap-Clst-L146.79%1,244,873$4.18M1
2No dataGrab Holdings Swap Mar51.43%436,200$1.47M1
3No dataFirst American Treasury Obligations Fund 01/01/20408.12%231,348$231K114
4No dataGrab Holdings Swap Cf1.75%14,800$49.7K1

Showing 1–4 of 4 holdings

GRAG Performance

Launched Dec 11, 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.Not enough history yet.
GRAG$3,793
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,833
Dec 31, 2025 to Nov 5, 2026. GRAG $3,793. SPY $10,833. Use the arrow keys to read each point.$2,500$5,000$7,500$10,000Dec 2025Jun 2026Nov 2026

Dec 31, 2025 – Nov 5, 2026

Returns run to the Nov 5, 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 GRAG. Periods over one year show the average yearly return.
PeriodGRAG
Year to date−62.1%
1 month+17.4%
3 months−20.9%
1 yearFund is under 1 year oldNo data
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 GRAG
YearReturn barGRAG
2026 YTD−62.1%
2025−7.8%

Since listing, Dec 11, 2025

GRAG in the news

GRAG 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 Nov 5, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Dec 2025. No distributions yet.

GRAG Risk

Risk pillarC48 out of 100Rank 185 of 375 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.
Launched Dec 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 Dec 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 Dec 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.
1.40
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.

FMP measures it over up to five years of monthly returns.

GRAG Cost

Compare GRAG 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.

  • GRAG 0.75%

    $14,482

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • GRAG 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$15K051015202530GRAG $14,482GOGL $4,155

Year by year

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

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