Understanding the Leverage Shares 2x Long BA Daily ETF (BOEG)

The Leverage Shares 2x Long BA Daily ETF (BOEG) is a leveraged ETF designed to provide two times the daily return of a specific target. Because it is leveraged, it is built for short-term goals rather than long-term investing.

What the Numbers Show

The recent data for BOEG shows a significant decline in share price. The current price is $10.00. An estimated price from roughly one year ago was $15.91.

Looking at the returns:

• Year-to-Date (YTD) Price Return: -33.93%

• One-Year Price Return: -37.16%

Because this fund does not pay distributions, the total return is the same as the price return. This means the overall value for investors has dropped by approximately 37.16% over the last year.

Income and Distribution Explanation

BOEG is not designed to provide regular income. The data shows a distribution yield of 0%, and no distributions have been detected in the last 12 months. It has an income rating grade of "F."

Price and NAV Erosion Explanation

The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

However, the price-based evidence is significant. BOEG has a severe erosion-risk flag. This flag was triggered because of the split-adjusted price trend and an erosion score of 30, which is labeled as "Significant price erosion." This means the share price has dropped substantially over time.

Top Holdings

As of October 7, 2026, the fund holds:

• First American Treasury Obligs X (FXFXX): 13.99%

Holdings can change over time, and this represents the fund's current structure.

Pros

• Leverage: It allows investors to seek double the daily movement of its target.

Cons

• High Price Decline: The fund has seen a significant drop in share price over the last year.

• No Income: There are no cash distributions for investors seeking yield.

• Erosion Risk: The fund has a severe erosion-risk flag.

Beginner Takeaway

BOEG is a high-risk, leveraged tool, not a traditional "buy and hold" investment. It has experienced a severe decline in share price and provides no income. Investors should be aware that the severe erosion-risk flag indicates a significant downward trend in the fund's price.