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FPSXLeverage Shares 2X Long FPS Daily ETF

Seeks daily investment results of 200% of the daily percentage change in the price of the common stock of FPS.

Annual Cost

Fund Size

Return (1Y)Goal

N/A

Track Record

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks daily investment results of 200% of the daily percentage change in the price of the common stock of FPS.
Strategy
Actively managed ETF that invests at least 80% of net assets in the common stock of FPS and financial instruments to achieve 200% daily leveraged exposure. Utilizes derivatives like swaps and options to maintain this exposure, with daily rebalancing to align with the Fund's investment objective.

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

Most of these lose money

These funds amplify one stock's daily move, then reset every day. More than half of them have lost money outright, and the daily reset plus financing costs drag roughly 9.5% a year off the return. The longer you hold, the more that compounding works against you.

Sources: Bessembinder, 'Leveraged Single-Stock ETFs' (SSRN 2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-24