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Launched

Leverage Shares 2x Long LULU Daily ETF

LULGNasdaqBThis 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.

$3.65−0.02 (−0.54%)

At close: Oct 13, 2026, 4:00 PM

B59/ 100

Rank 43 of 380 in Single-Stock Long Leveraged

B59/100Rank 43 of 380inSingle-Stock Long Leveraged
Intraday session: down, 56 prints from 3.67 to 3.65. Range 3.62 to 3.78. Use the arrow keys to read each point.3.633.703.733.753.7710 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$10M
1Y total return
—
Yield · Last 12 months
—
Holdings
4
Avg volume · 30D
0.4M sh
NAV per share
$3.66
52W range
low $3.35high $28.32
Launched

The ETF.net LULG Grade

Based on 5 of 6 pillars

B

Score 59 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
43 of 380
Six-pillar profile for LULG. Scores out of 100: Cost 67, Risk 36, Mission 92, Tradability 71, Holdings not scored, Durability 53. Strongest: Mission (92). Weakest: Risk (36). Based on 5 of 6 pillars.

Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B67 out of 100
    Rank 87 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A92 out of 100
    Rank 69 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D36 out of 100
    Rank 258 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A71 out of 100
    Rank 83 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.
    C53 out of 100
    Rank 169 of 380

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 Oct 11, 2026
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$819K151
003—Lululemon Swap Marex9.50%5,925$717K1
004—Lululemon Swap Cs8.02%5,007$606K1

Showing 1–4 of 4 holdings

LULG Performance

Launched Nov 5, 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.
LULG$1,523
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,500
Dec 31, 2025 to Oct 12, 2026. LULG $1,523. SPY $11,500. Use the arrow keys to read each point.$631$6,476$12,320Dec 2025May 2026Oct 2026

Dec 31, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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−84.8%
1 month−10.4%
3 months−44.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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−84.8%
2025+47.3%

Since listing, Nov 5, 2025

LULG in the news

Filtered to LULG · Single-Stock Long Leveraged

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 Oct 12, 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%

86 of the 333 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.

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