FLEL ETF — Leverage Shares 2X Long FLEX Daily ETF

Leverage Shares 2X Long FLEX Daily ETF (FLEL)

FLEL is an ETF linked to Flex Ltd. (FLEX). As of September 3, 2026, its expense ratio is 0.99%.

Leverage Shares 2X Long FLEX Daily ETF seeks 200% of the daily performance of Flex Ltd. (FLEX), before fees and expenses. It lists on Cboe, charges 0.99%, and incepted 08/19/2026. Daily reset funds are for short-term trading, not buy-and-hold income.

FLEL key facts

Data as of September 3, 2026.

Issuer

Leverage Shares

Asset type

ETF

Asset class

Equity

Inception date

08/19/2026

Expense ratio

0.99%

Distribution frequency

None

Last close

$11.78

NAV

$11.43

Premium / discount

3.06% premium

AUM

$121,753

Average volume

17.0

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 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. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. 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. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

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.

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 hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Leverage Shares.