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Dividend Vision

FPSX ETF — Leverage Shares 2X Long FPS Daily ETF

Leverage Shares 2X Long FPS Daily ETF (FPSX)

Updated October 16, 2026.

FPSX is an ETF linked to Forgent Power Solutions (FPS). its expense ratio is 0.75%. Total return is -78.7% over the past 0.3 years, 32.1 points behind FPS at -46.6%.

This ETF seeks to deliver twice-daily leveraged exposure to Forgent Power Solutions stock by investing at least 80% of its assets in the underlying security and related financial instruments, with an expense ratio of 0.75%. As a leveraged daily reset fund, it is designed for short-term tactical trading rather than long-term holding and carries amplified volatility and tracking risk. It does not currently have an established distribution schedule and appeals to experienced traders seeking magnified price movements in a single stock.

FPSX holdings and sector exposure

Holdings are not available for this snapshot.

Economic / reference exposure: FPS (physical holdings below may be collateral and options, not the reference asset itself).

FPSX performance versus FPS

Price and return data through 2026-10-16.

Total return is -78.7% over the past 0.3 years, 32.1 points behind FPS at -46.6%.

WindowTotal returnCAGR
1M-22.2%—
3M-48.9%—
YTD-78.7%—
Since inception (0.3 years)-78.7%—

FPSX key facts

Issuer
Leverage Shares
Asset type
ETF
Asset class
Equity
Inception date
06/22/2026
Expense ratio
0.75%
Distribution frequency
None
Last close
$2.95 (as of 2026-10-16)
AUM
$3,848,242
Average volume
113065.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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: Forgent Power Solutions (FPS); 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.

FPSX risks and drawbacks

Total return has trailed FPS over the available window.

Who may consider FPSX — and who may not

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

More on FPSX

Tagged: Leverage.

Frequently asked questions

Does FPSX pay monthly?

No. FPSX does not currently distribute.

What is FPSX linked to?

FPSX is linked to Forgent Power Solutions (FPS), not a broad market index.

What is FPSX's expense ratio?

FPSX's expense ratio is 0.75%.

When does FPSX pay a dividend?

FPSX does not currently distribute.

How has FPSX performed?

Total return is -78.7% over the past 0.3 years, 32.1 points behind FPS at -46.6%.

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