AALG ETF — Leverage Shares 2X Long AAL Daily ETF

Leverage Shares 2X Long AAL Daily ETF (AALG)

Updated October 2, 2026.

AALG is an ETF linked to American Airlines Group (AAL). its trailing-12-month yield is 2.84%, its expense ratio is 0.78%. Dividend Vision Distribution Safety Score™ is 45/100 (Unproven). Total return is -26.1% over the past 1.2 years, 32.0 points behind AAL at 5.9%.

This ETF provides twice-daily leveraged exposure to American Airlines Group stock, aiming to deliver 200% of the airline's daily price movements through financial instruments and borrowing. The fund carries a modest expense ratio and distributes annually, though its latest payout was special and may not recur on a regular basis. The fund appeals to traders and short-term speculators seeking amplified equity exposure rather than income investors, and its small asset base reflects its narrow, tactical focus.

AALG performance versus AAL

Price and return data through 2026-10-02.

Total return is -26.1% over the past 1.2 years, 32.0 points behind AAL at 5.9%. Its deepest 1-year drawdown was 64.2%.

AALG key facts

Distribution Safety Score™

45 · Unproven

Issuer

Leverage Shares

Asset type

ETF

Asset class

Equity

Inception date

07/10/2025

Expense ratio

0.78%

Distribution frequency

Annual

Trailing yield

2.84%

Last close

$9.71 (as of 2026-10-02)

AUM

$4,531,254

Average volume

76800.0

Last dividend

$0.276

Last ex-dividend date

12/30/2025

Last payment date

01/02/2026 (as of 2026-01-02)

Beta

3.8665

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.84%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Leverage Shares; Index: American Airlines Group (AAL); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AALG risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed AAL over the available window. The deepest 1-year drawdown on record here is 64.2%.

Who may consider AALG — and who may not

It is a weaker fit for investors who need monthly cash flow (AALG pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching AAL total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Leverage Shares.