Skip to content
etf.net

Launched

Leverage Shares 2x Long XPEV Daily ETF

XPEGNasdaqLeverageSharesCThis 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.

$2.44+0.30 (+14.02%)

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

C40/ 100

Rank 136 of 380 in Single-Stock Long Leveraged

C40/100Rank 136 of 380inSingle-Stock Long Leveraged
Intraday session: up, 79 prints from 2.14 to 2.44. Range 2.40 to 2.53. Use the arrow keys to read each point.2.202.302.5010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
4
Avg volume · 30D
52.7K sh
52W range
low $2.11high $15.89
Launched

The ETF.net XPEG Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
136 of 380
Six-pillar profile for XPEG. Scores out of 100: Cost 70, Risk 34, Mission 93, Tradability 43, Holdings not scored, Durability 41. Strongest: Mission (93). Weakest: Risk (34). 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
53
This cap took
−13
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.
    A93 out of 100
    Rank 53 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D34 out of 100
    Rank 258 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C43 out of 100
    Rank 226 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.
    C41 out of 100
    Rank 233 of 380

Our read on XPEG

ETF.net Research

In short

CTwo times XPeng's daily move, in one US-listed ticker. XPEG uses swaps on the EV maker's ADR to double each day's swing (both directions), resets every night, and charges 0.75%.

Stated mandate

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

Why people hold it

  • Fee of 0.75%, below the typical 2x single-stock fund and below Direxion's 2x names such as AAPU and GGLL.
  • Plain mechanics: swaps plus the XPEV ADR target 200% of the stock's daily move, and the fund has stayed very close to that daily target.sec.gov
  • A 1940 Act fund, so you get geared XPeng exposure without a margin account or an options chain, and you cannot lose more than you put in.sec.gov

Worth knowing

  • Leverage resets daily. Hold longer than a day and results can drift far from 2x the stock's move, especially through choppy, back-and-forth stretches.sec.gov
  • Small fund, thin trading. Spreads can widen, and the 2026 launch means a short track record to judge it by.
  • One Chinese EV maker's ADR is the whole portfolio, and the fund has paid no distributions.sec.gov

XPEG Holdings

Asset class
Stocks
Holdings
4
Top-10 weight
206%
Largest holding
Xpeng Inc Swap Cs155.4%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataXpeng Inc Swap Cs155.44%171,253$2.09M1
2No dataXpeng Inc Swap Marex43.98%48,457$591K1
3No dataFirst American Treasury Obligations Fund 01/01/20405.97%80,142$80.1K136
4No dataXpeng Inc Swap Cf0.56%620$7.56K1

Showing 1–4 of 4 holdings

XPEG Performance

Launched Jan 15, 2026

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.
XPEG$4,394
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. XPEG $4,394. SPY $10,141. Use the arrow keys to read each point.$4,000$6,000$8,000$10,000Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – 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 XPEG. Periods over one year show the average yearly return.
PeriodXPEG
Year to dateFund launched this yearNo data
1 month−14.4%
3 months−56.1%
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 total returns for XPEG
YearReturn barXPEG
2026 YTD−86.1%

Since listing, Jan 15, 2026

XPEG in the news

Filtered to XPEG · Single-Stock Long Leveraged

XPEG 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 Jan 2026. No distributions yet.

XPEG Risk

Risk pillarD34 out of 100Rank 258 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 Jan 2026; 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 Jan 2026; 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 Jan 2026; 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.
0.50
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.

XPEG Cost

Compare XPEG 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.

  • XPEG 0.75%

    $14,482

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • XPEG 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$15K051015202530XPEG $14,482GOGL $4,155

Year by year

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

Other funds in Single-Stock Long Leveraged

See others