What this ETF is trying to do

The Leverage Shares 2X Long GRAB Daily ETF (ticker: GRAG) is an exchange-traded fund that trades on the NASDAQ. This is a "leveraged" ETF, which means it is designed to aim for twice the daily performance of its target. Because it is leveraged, the price can move much faster than the underlying asset it follows.

What the numbers show

As of October 5, 2026, the current price of GRAG is $4.45. Looking at how the price has changed this year, the year-to-date (YTD) price return is -67.69%. This means the share price has experienced a significant decline since the start of the year.

The YTD total return is also -67.69%. In many cases, total return and price return are different because total return includes cash payments, but for this ETF, they are currently the same. Data for one-year and three-year returns was not supplied in the current report.

Income and distribution explanation

Some investors buy ETFs to receive regular cash payments, which are called distributions. The distribution yield describes how much cash an ETF pays out compared to its price. For GRAG, the distribution yield is 0%. No distributions have been detected, and there have been no payouts in the last 12 months.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held inside the ETF). While some investors worry about this, StockValueFinder has not issued a severe erosion-risk flag for this ETF. An erosion score was not provided because there is not enough verified price history available to calculate it.

Pros

• Leverage: This fund provides 2X leverage, which aims to multiply daily movements.

• Portfolio Exposure: The fund includes holdings such as FIRST AMERICAN TREASURY OBLIGS X (FXFXX), which makes up 9.25% of the portfolio.

Cons

• Share-price decline: The ETF has seen a large YTD price return of -67.69%.

• No income: There are currently no distributions or cash payouts for investors.

• Limited history: There is not enough historical data available to show how the fund performs over long periods, such as one or three years.

Beginner takeaway

When learning about ETFs, it is important to know that a "price return" only tells you how the share price moved. A "total return" includes both price changes and any cash distributions you might have received. Because this is a leveraged ETF, its price can change very quickly. Also, remember that an ETF with no distributions will not provide regular cash income to an investor.