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Launched · SEC filings

Leverage Shares 2X Long NU Daily ETF

NUGNasdaqCThis 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.

$10.91−0.60 (−5.17%)

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

C40/ 100

Rank 131 of 380 in Single-Stock Long Leveraged

C40/100Rank 131 of 380inSingle-Stock Long Leveraged
Intraday session: down, 19 prints from 11.51 to 10.91. Range 10.91 to 11.16. Use the arrow keys to read each point.11.0011.1011.2011.3011.4010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$2M
1Y total return
—
Yield · Last 12 months
—
Holdings
4
Avg volume · 30D
0M sh
NAV per share
$11.68
52W range
low $6.40high $20.43
Launched
Filings
SEC EDGAR

The ETF.net NUG Grade

Based on 4 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
131 of 380
Six-pillar profile for NUG. Scores out of 100: Cost 67, Risk 56, Mission not scored, Tradability 49, Holdings not scored, Durability 43. Strongest: Cost (67). Weakest: Durability (43). Based on 4 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
58
This cap took
−18
Published Score
40 Grade C

  • 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.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B56 out of 100
    Rank 133 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C49 out of 100
    Rank 183 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.
    C43 out of 100
    Rank 223 of 380

Our read on NUG

ETF.net Research

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

  1. 010.75% 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).
  2. 02The mandate leaves nothing to interpretation: 200% of Nu Holdings' daily performance before fees and expenses. No stock picking, no options overlay, no manager discretion.
  3. 03A 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.
  4. 04Built as a 1940 Act registered fund, the same regulatory wrapper as mainstream ETFs, rather than a commodity-pool style trust.

Worth knowing

  1. 01The 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.
  2. 02Two times the daily move of one company, with no basket to cushion it. Single-stock news lands here at double strength, in both directions.
  3. 03Launched 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 Oct 11, 2026
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 valueIn ETFs
001—Nu Hldgs Ltd Swap Cs115.75%145,389$2M1
002—Nu Hldgs Ltd Swap Cf43.39%54,500$795K1
003—Nu Hldgs Ltd Swap Mar40.84%51,300$748K1
004—First American Treasury Obligations Fund 01/01/204012.33%225,836$226K151

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$12,232
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. NUG $12,232. SPY $10,332. Use the arrow keys to read each point.$6,962$9,883$12,805Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – 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 NUG. Periods over one year show the average yearly return.
PeriodNUG
Year to dateHistory unavailable—
1 month+14.6%
3 months+22.3%
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 return data is unavailable.

NUG in the news

Filtered to NUG · Single-Stock Long Leveraged

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 12, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Nov 2025. No distributions yet.

NUG 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.
0.41
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.

NUG 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.

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

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