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Launched · SEC filings

Leverage Shares 2x Long NET Daily ETF

NETGNasdaqLeverageSharesBThis 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.

$13.20−1.66 (−11.17%)

At close: Nov 2, 2026, 4:00 PM ET

B65/ 100

Rank 18 of 380 in Single-Stock Long Leveraged

B65/100Rank 18 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 14.86 to 13.20. Range 13.12 to 15.28. Use the arrow keys to read each point.13.5014.0014.5010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$5M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
4
Avg volume · 30D
80.9K sh
52W range
low $7.40high $27.10
Launched
Filings
SEC EDGAR

The ETF.net NETG Grade

Based on 5 of 6 pillars

B

Score 65 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
18 of 380
Six-pillar profile for NETG. Scores out of 100: Cost 70, Risk 70, Mission 91, Tradability 59, Holdings not scored, Durability 49. Strongest: Mission (91). Weakest: Durability (49). Based on 5 of 6 pillars.

Score 65 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.
    A70 out of 100
    Rank 87 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A91 out of 100
    Rank 70 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A70 out of 100
    Rank 72 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B59 out of 100
    Rank 135 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.
    C49 out of 100
    Rank 193 of 380

Our read on NETG

ETF.net Research

In short

BTwo times Cloudflare's daily move, priced at 0.75% a year. Leverage Shares got to this trade second and answered with the cheaper ticket, matching its house rate for 2x single-stock funds.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of Cloudflare, Inc. stock (NET).

Why people hold it

  • 0.75% a year puts it under the typical 2x single-stock fee and matches Leverage Shares' house rate, below what Direxion charges on GGLL and AAPU.
  • Clean single-name mechanics: 200% of Cloudflare's daily move, before fees. No basket, no index, nothing else diluting the trade.leverageshares.com
  • Hits its stated 2x daily target closely, one of the tighter implementations in the leveraged single-stock group.

Worth knowing

  • The leverage resets every day. Hold longer than a session and compounding pulls results away from 2x the stock's move, with choppy tape widening the gap.
  • One company, doubled. An earnings print or a Cloudflare outage headline moves the entire position, with no other holdings to absorb it.
  • Launched in November 2025 with a small asset base and no distributions, so it has less trading depth and track record behind it than entrenched funds.

NETG Performance

Launched Nov 17, 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.
NETG$11,618
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. NETG $11,618. SPY $11,169. Use the arrow keys to read each point.$10,000$15,000$20,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 NETG. Periods over one year show the average yearly return.
PeriodNETG
Year to date+16.2%
1 month−37.8%
3 months−12.2%
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 NETG
YearReturn barNETG
2026 YTD+16.2%
2025−7.8%

Since listing, Nov 17, 2025

NETG in the news

NETG 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 30, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Nov 2025. No distributions yet.

NETG Risk

Risk pillarA70 out of 100Rank 72 of 368 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 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.
−1.67
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.

NETG Cost

Compare NETG 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.

  • NETG 0.75%

    $14,482

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • NETG 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$15K051015202530NETG $14,482GOGL $4,155

Year by year

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

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