BLSG +2x Leverage Shares 2X Long BLSH Daily ETF

BLSG

ETF +2x BULL standard
Leverage Shares 2X Long BLSH Daily ETF
Issuer: Leverage Shares · Tracks: BLSH · Listed: 2025-10-24
Implied AUM
$1.3M
Last Close
$1.56
20260720
30d Avg Vol
100,099
Options
available
Realized return vs theoretical +2x BLSH
Other leveraged products tracking BLSH
Symbol Factor Direction Issuer Name Implied AUM 30d Vol Options
BLSX +2x BULL Tradr Tradr 2X Long BLSH Daily ETF $1.9M 14,131

How BLSG works

BLSG targets +2x the daily return of BLSH — not the cumulative return over multi-day windows. The fund rebalances at the close each day using swaps or futures, which is what creates the volatility drag the chart above visualizes.

Mathematical headline: drag ≈ −0.5 × N × (N−1) × σ² per period. For a +2x product on an underlying with 25% annualized vol, expected annual drag is around 6.2%. Add expense ratio and the realized number is typically worse.

  • Short-term tactical: daily and intraday holds are where these products were designed to live.
  • Premium selling: options on BLSG carry very rich IV — see the quote page for IV rank and straddle pricing.
  • Multi-day directional: works in strong trends; gets eaten alive in chop. Use the chart above to gauge the realized vs theoretical track record.