- ISIN
- US88340C7359
- CUSIP
- 88340C735
- Issuer
- Leverage Shares
- Inception Date
- Nov 4, 2025
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $621K
Share Price Chart
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Performance
GEMG Performance Chart
Leverage Shares 2X Long GEMI Daily ETF (GEMG) is down 88.3% since the beginning of the year. GEMG is currently trading at $10 per share.
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Returns By Period
Leverage Shares 2X Long GEMI Daily ETF
- 1D
- -6.06%
- 1M
- -29.17%
- YTD
- -88.30%
- 6M
- -91.72%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GEMG Monthly Returns History
Based on dividend-adjusted daily data since Nov 5, 2025, GEMG's average daily return is -1.27%, while the average monthly return is -29.70%.
Historically, 13% of months were positive and 88% were negative. The best month was May 2026 with a return of +31.9%, while the worst month was Nov 2025 at -59.0%. The longest winning streak lasted 1 consecutive months, and the longest losing streak was 6 months.
On a daily basis, GEMG closed higher 41% of trading days. The best single day was Mar 4, 2026 with a return of +65.9%, while the worst single day was Nov 11, 2025 at -32.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -34.06% | -52.77% | -57.19% | -4.85% | 31.90% | -30.10% | -88.30% | ||||||
| 2025 | -58.95% | -31.56% | -71.91% |
Benchmark Metrics
Leverage Shares 2X Long GEMI Daily ETF has an annualized alpha of -98.74%, beta of 6.70, and R2 of 0.17 versus S&P 500 Index. Calculated based on daily prices since November 05, 2025.
- This ETF participated in 491.44% of S&P 500 Index downside but only -139.88% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.17 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -98.74%
- Beta
- 6.70
- R²
- 0.17
- Upside Capture
- -139.88%
- Downside Capture
- 491.44%
Expense Ratio
GEMG has an expense ratio of 0.75%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Leverage Shares 2X Long GEMI Daily ETF (GEMG) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GEMG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Leverage Shares 2X Long GEMI Daily ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Leverage Shares 2X Long GEMI Daily ETF was 97.26%, occurring on Jun 5, 2026. The portfolio has not yet recovered.
The current Leverage Shares 2X Long GEMI Daily ETF drawdown is 96.91%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -97.26%Jun 2026 | 7mo 1d | — | 7mo 19dNov 2025 - now |
Drawdown Indicators
| GEMG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.26% | -56.78% | -40.48% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -96.91% | -1.80% | -95.11% |
Average DrawdownAverage peak-to-trough decline | -81.07% | -10.71% | -70.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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