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Launched · SEC filings

Leverage Shares 2X Long NU Daily ETF

NUGNasdaqLeverageSharesCThis 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.

$9.42−0.33 (−3.38%) past 5 days

At close: Oct 22, 2026, 4:00 PM ET

C40/ 100

Rank 132 of 380 in Single-Stock Long Leveraged

C40/100Rank 132 of 380inSingle-Stock Long Leveraged
5D price: down, 5 points from 9.75 to 9.42. Range 9.42 to 9.50. Use the arrow keys to read each point.9.509.559.609.659.709.75
Market opens at 9:30 AM ET.
Expense ratio
0.75%
Fund size
$1M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
4
Avg volume · 30D
14K sh
52W range
low $6.40high $20.43
Launched
Filings
SEC EDGAR

The ETF.net NUG Grade

As of · Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
132 of 380
Six-pillar profile for NUG. Scores out of 100: Cost 70, Risk 60, Mission 90, Tradability 47, Holdings not scored, Durability 42. Strongest: Mission (90). Weakest: Durability (42). 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
60
This cap took
−20
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.
    A90 out of 100
    Rank 73 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B60 out of 100
    Rank 115 of 365

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C47 out of 100
    Rank 207 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.
    C42 out of 100
    Rank 229 of 380

Our read on NUG

ETF.net Research

In short

CMost leveraged single-stock ETFs point at US megacap tech. NUG aims the same machinery at Nu Holdings, seeking 200% of that one stock's daily move, and charges less than the typical fund in its leveraged single-stock peer group.

Stated mandate

The fund seeks daily investment results, before fees and expenses, corresponding to 200% of the daily performance of Nu Holdings Ltd. stock.

Why people hold it

  • 0.75% a year, below the typical fee in its leveraged single-stock peer group and in line with the issuer's other 2x daily funds (UNHG, ASMG, AMDG).
  • The mandate leaves nothing to interpretation: 200% of Nu Holdings' daily performance before fees and expenses. No stock picking, no options overlay, no manager discretion.
  • A leveraged wrapper on a name outside the usual megacap tech lineup that dominates this cohort, so the exposure is genuinely hard to find elsewhere in ETF form.
  • Built as a 1940 Act registered fund, the same regulatory wrapper as mainstream ETFs, rather than a commodity-pool style trust.

Worth knowing

  • The leverage resets every day. Returns compound off a new base each morning, so over choppy stretches the result can land well away from 2x the stock's move for that period.
  • Two times the daily move of one company, with no basket to cushion it. Single-stock news lands here at double strength, in both directions.
  • Launched in late 2025 and starting out small and lightly traded, so spreads can run wider than on the megacap-linked leveraged ETFs. Limit orders matter here.

NUG Holdings

As of
Asset class
Stocks
Holdings
4
Top-10 weight
212%
Largest holding
Nu Hldgs Ltd Swap Cs115.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataNu Hldgs Ltd Swap Cs115.75%145,389$2.12MNo data
2No dataNu Hldgs Ltd Swap Cf43.39%54,500$795KNo data
3No dataNu Hldgs Ltd Swap Mar40.84%51,300$748KNo data
4No dataFirst American Treasury Obligations Fund 01/01/204012.33%225,836$226KNo data

Showing 1–4 of 4 holdings

NUG 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.Not enough history yet.
NUG$9,093
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,247
Jul 22, 2026 to Oct 22, 2026. NUG $9,093. SPY $10,247. Use the arrow keys to read each point.$8,000$10,000Jul 2026Sep 2026Oct 2026

Jul 22, 2026 – Oct 22, 2026

Returns run to the Oct 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.

As of
Trailing total return for NUG. Periods over one year show the average yearly return.
PeriodNUG
Year to dateHistory unavailableNo data
1 month+0.1%
3 months−9.1%
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 return data is unavailable.

NUG in the news

NUG 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 22, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Nov 2025. No distributions yet.

NUG Risk

Risk pillarB60 out of 100Rank 115 of 365 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.
0.41
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.

NUG Cost

NUG cost

$14,482

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • NUG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • NUG 0.75%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530NUG $14,482

Year by year

YearNUG
10$1,336
20$5,078
30$14,482