VALG ETF — Leverage Shares 2X Long VALE Daily ETF

Leverage Shares 2X Long VALE Daily ETF (VALG)

Updated October 16, 2026.

VALG is an ETF linked to Vale (VALE). its expense ratio is 0.75%. Total return is -10.5% over the past 0.8 years, 15.7 points behind VALE at 5.2%.

This ETF seeks to deliver twice-daily leveraged exposure to Vale, a global mining company, by investing at least 80% of its assets in Vale stock and related financial instruments. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.75%. This security appeals to active traders and sophisticated investors seeking amplified short-term price exposure to Vale, though leverage increases both upside potential and downside risk.

VALG performance versus VALE

Price and return data through 2026-10-16.

Total return is -10.5% over the past 0.8 years, 15.7 points behind VALE at 5.2%. Its deepest 1-year drawdown was 50.2%.

VALG key facts

Issuer

Leverage Shares

Asset type

ETF

Asset class

Equity

Inception date

12/17/2025

Expense ratio

0.75%

Distribution frequency

None

Last close

$13.36 (as of 2026-10-16)

AUM

$219,027

Average volume

538.0

Beta

2.673

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: Vale (VALE); 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.

VALG risks and drawbacks

Total return has trailed VALE over the available window. The deepest 1-year drawdown on record here is 50.2%.

Who may consider VALG — and who may not

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

More on VALG

• All tickers starting with V

Tagged: Leverage.

Frequently asked questions

More securities from Leverage Shares.