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Dividend Vision

FLEL ETF — Leverage Shares 2X Long FLEX Daily ETF

Leverage Shares 2X Long FLEX Daily ETF (FLEL)

Updated October 23, 2026.

FLEL is an ETF linked to Flex Ltd. (FLEX). Its expense ratio is 0.99%. Total return is -58.8% over the past 0.2 years, 26.5 points behind FLEX at -32.3%.

This ETF seeks daily investment results corresponding to 200% of the daily performance of Flex Ltd., a technology company, through leveraged exposure using derivatives and other financial instruments. The fund does not make regular distributions to shareholders. With a small asset base and an expense ratio of 0.99%, this leveraged product is designed for experienced traders seeking magnified short-term exposure to FLEX's price movements, rather than for buy-and-hold income investors.

FLEL reference asset

Economic / reference exposure: FLEX.

FLEL performance versus FLEX

Total return is -58.8% over the past 0.2 years, 26.5 points behind FLEX at -32.3%.

WindowTotal returnCAGR
1M-56.3%—
YTD-58.8%—
Since inception (0.2 years)-58.8%—

FLEL key facts

Issuer
Leverage Shares
Asset type
ETF
Asset class
Equity
Inception date
08/19/2026
Expense ratio
0.99%
Distribution frequency
None
Last close
$5.43 (as of 2026-10-23)
AUM
$145,168
Average volume
3,700

How Dividend Vision calculates returns

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 or company page; Index: Flex Ltd. (FLEX); 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.

FLEL risks and drawbacks

Total return has trailed FLEX over the available window.

Who may consider FLEL — and who may not

It is a weaker fit for investors who need monthly cash flow (FLEL does not currently distribute); investors whose main goal is matching FLEX total return. This is educational context, not a recommendation to buy or sell.

More on FLEL

Tagged: Leverage, Single, Technology.

Frequently asked questions

Does FLEL pay monthly?

No. FLEL does not currently distribute.

What is FLEL linked to?

FLEL is linked to Flex Ltd. (FLEX), not a broad market index.

What is FLEL's expense ratio?

FLEL's expense ratio is 0.99%.

When does FLEL pay a dividend?

FLEL does not currently distribute.

How has FLEL performed?

Total return is -58.8% over the past 0.2 years, 26.5 points behind FLEX at -32.3%.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.