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LULG

GradeBNASDAQ Global Market

Leverage Shares 2x Long LULU Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2025-11-05

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.

$4.39−0.08 (−1.79%)

As of Sep 23, 2026, 2:19 PM EDT

History starts Nov 5, 2025.History starts Nov 5, 2025.
Intraday session: down, 51 prints from 4.47 to 4.39. Range 4.27 to 4.46. Use the arrow keys to read each point.$4.25$4.30$4.35$4.4510 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$13M
1Y return
—
Yield · Last 12 months
—
Holdings
4
Volume · 30D
0.4M sh
NAV per share
$4.26
52W range
low $3.79high $28.32

The ETF.net LULG Grade

B

58/ 100

Rank 47 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for LULG. Scores out of 100: Cost 67, Risk 37, Mission 90, Tradability 63, Holdings not scored, Durability 53. Strongest: Mission (90). Weakest: Risk (37). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 58 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 rank133/380 · top 35%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 90
    Category rank83/147 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 37
    Category rank193/285 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 63
    Category rank115/380 · top 30%

  • 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 53
    Category rank175/380 · top 46%

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

Our read on LULG

ETF.net Research

BLeveraged single-stock ETFs mostly chase megacap tech. LULG points the same machinery at lululemon, aiming for 200% of the stock's daily move, and charges 0.75% to do it.

Stated mandate

The fund seeks daily investment results equal to 200% of the daily performance of lululemon athletica inc stock, before fees and expenses.

Why people hold it

  1. 010.75% a year, below the typical leveraged single-stock fund and under the 0.96% Direxion charges on 2x bull products like AAPU and GGLL.
  2. 02The mandate is narrow and literal: 200% of lululemon's daily performance, before fees. No stock picking, no discretion, one job.leverageshares.com
  3. 03It has hewed closely to that stated daily target, and stands among the stronger implementations in a crowded leveraged single-stock cohort.
  4. 04Standard 1940 Act ETF wrapper, so the leverage arrives inside an ordinary brokerage account with no margin loan to service and no options to roll.leverageshares.com

Worth knowing

  1. 01The 2x target resets daily. Hold past a session and compounding takes over, so multi-day results can drift well away from twice the stock's move.
  2. 02Everything rides on one apparel retailer. An earnings miss or a guidance cut lands here at double strength, with no other holdings to soften it.
  3. 03Launched in November 2025, so there is little history to judge it on, and it pays no distributions. Returns come from price alone.

LULG Holdings

As of Sep 21, 2026, 6:58 PM
Asset class
Stocks
Holdings
4
Top-10 weight
211%
Largest holding
LULULEMON SWAP CANTOR182.5%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—LULULEMON SWAP CANTOR182.49%113,870$14M1
002—First American Treasury Obligations Fund 01/01/204010.84%819,019$819K147
003—LULULEMON SWAP MAREX9.50%5,925$717K1
004—LULULEMON SWAP CS8.02%5,007$606K1

Showing 1–4 of 4 holdings

LULG Performance

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

LULG$1,857
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. LULG $1,857. SPY $11,430. Use the arrow keys to read each point.$806$6,532$12,258Dec 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 LULG. Periods over one year show the average yearly return.
PeriodLULG
Year to date−81.4%
1 month−31.7%
3 months−14.5%
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 LULG
YearReturn barLULG
2026 YTD−81.4%
2025+47.3%

Since listing, Nov 5, 2025

LULG in the news

LULG 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 Nov 2025. No distributions yet.

LULG 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 Nov 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 Nov 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 Nov 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.
−0.30
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.

LULG 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.

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