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Launched

Leverage Shares 2x Long XPEV Daily ETF

XPEGNasdaqCThis 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.

$2.56+0.05 (+1.99%)

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: up, 40 prints from 2.52 to 2.56. Range 2.48 to 2.59. Use the arrow keys to read each point.2.482.502.542.5810 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1M
1Y total return
—
Yield · Last 12 months
—
Holdings
4
Avg volume · 30D
0M sh
NAV per share
$2.65
52W range
low $2.29high $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
131 of 380
Six-pillar profile for XPEG. Scores out of 100: Cost 67, Risk 32, Mission 93, Tradability 44, Holdings not scored, Durability 40. Strongest: Mission (93). Weakest: Risk (32). 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
52
This cap took
−12
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.
    A93 out of 100
    Rank 60 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D32 out of 100
    Rank 271 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 218 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.
    C40 out of 100
    Rank 238 of 380

Our read on XPEG

ETF.net Research

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

  1. 01Fee of 0.75%, below the typical 2x single-stock fund and below Direxion's 2x names such as AAPU and GGLL.
  2. 02Plain 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
  3. 03A 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

  1. 01Leverage 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
  2. 02Small fund, thin trading. Spreads can widen, and the 2026 launch means a short track record to judge it by.
  3. 03One Chinese EV maker's ADR is the whole portfolio, and the fund has paid no distributions.sec.gov

XPEG Holdings

As of Oct 11, 2026
Asset class
Stocks
Holdings
4
Top-10 weight
206%
Largest holding
Xpeng Inc Swap Cs155.4%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Xpeng Inc Swap Cs155.44%171,253$2M1
002—Xpeng Inc Swap Marex43.98%48,457$591K1
003—First American Treasury Obligations Fund 01/01/20405.97%80,142$80K151
004—Xpeng Inc Swap Cf0.56%620$8K1

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$5,071
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. XPEG $5,071. SPY $10,332. Use the arrow keys to read each point.$4,123$8,145$12,168Jul 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 XPEG. Periods over one year show the average yearly return.
PeriodXPEG
Year to dateFund launched this year—
1 month−17.8%
3 months−49.3%
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 total returns for XPEG
YearReturn barXPEG
2026 YTD−83.7%

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

Listed Jan 2026. No distributions yet.

XPEG 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 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.

XPEG 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.

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

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