An actively managed ETF: aims for twice the daily return of VALE stock, using derivatives and, at times, the stock itself. Because it resets daily, its return over weeks or months can differ a lot from twice VALE's.
VALG, the Leverage Shares 2X Long VALE Daily ETF, is a $0 million ETF whose main story is the reshoring trade.
VALG carries this narrative but holds no Share of Narrative, because only unlevered long exposure counts.
Share is each ETF’s slice of the capital carrying this narrative. 1 year is market price total return; cost is the expense ratio. See all 87 ETFs on the narrative page →
1M, 3M, 1Y, 3Y, 5Y: one month to five years. YTD: year to date. * A year, annualised. A dash means the ETF has not traded for the whole period. Since it started trading on December 18, 2025: +0.2%.
Total return on the market price, with each distribution reinvested on its ex-date. Not the NAV return the issuer publishes; the two differ when the ETF trades above or below the value of its holdings. The narrative is the asset-weighted return of the unlevered ETFs that carry it. The market is the asset-weighted return of broad US index ETFs. Past performance is no guarantee of future results.
FRI OCT 2MARKET PRICE TOTAL RETURN
VALG has traded for less than a year, so how it moves against the market is not shown yet.
Where it sits in The reshoring trade
Each dot is one of 42 unlevered ETFs whose main narrative is the reshoring trade, placed by its return (up) and how much it swung (right) over the last year.
Risk
69.4%Volatility, last year
−47.6%Largest fall, last year
−44.1%Below its high now
0.75%Expense ratio, a year
$29,810Traded each day, 3-month average
$213,731Assets
Issued by Leverage · launched December 17, 2025
Cost against its peers
VALG is levered or inverse, so it is shown against the unlevered ETFs but not ranked among them.
How it is built
Seeks 2x the daily return of its exposure. It carries the narrative but does not count toward Share of Narrative, because only unlevered long exposure does.
Leverage2xAims for 2 times the daily move, reset each day
Narrative figures are from the weekly board. Performance is market price total return as of October 2, 2026. Assets are StoryVector’s weekly figure. Classification and measurement. Not investment advice. How the measurement works →