ETF Evaluator:
Leverage Shares 2X Long GOOGL Daily ETF (GOOL)
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Best Performing in Trading--Leveraged Equity Over the Last Year
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ETF Details
Leverage Shares 2X Long GOOGL Daily ETF Overview
Leverage Shares 2X Long GOOGL Daily ETF (GOOL) is an actively managed Miscellaneous Trading--Leveraged Equity exchange-traded fund (ETF). Themes ETF Trust launched the ETF in 2026.
The investment seeks daily leveraged investment results, before fees and expenses, of two times (200%) of the daily percentage change in the price of the common stock of GOOGL.
It invests at least 80% of its net assets (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of the Underlying Security, on a daily basis, consistent with the fund’s investment objective. The fund is non-diversified.
About Leverage Shares 2X Long GOOGL Daily ETF (GOOL)
There are 3 members of the management team with an average tenure of 0.07 years: Dingxun(Kevin) Shao (2026), Calvin Tsang (2026) and Paul Bartkowiak (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
Leverage Shares 2X Long GOOGL Daily ETF has 7 securities in its portfolio. The top 10 holdings constitute 203.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Leverage Shares 2X Long GOOGL Daily ETF is part of the Other global asset class and is within the Miscellaneous ETF group. Leverage Shares 2X Long GOOGL Daily ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 188.1% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Leverage Shares 2X Long GOOGL Daily ETF has -78.3% of the portfolio in cash.
Assets Under Management
The fund has $2 million in total assets, which is below the $251 million average for the Trading--Leveraged Equity category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
GOOL Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Leverage Shares 2X Long GOOGL Daily ETF expense ratio is high compared to funds in the Trading--Leveraged Equity category. Leverage Shares 2X Long GOOGL Daily ETF has an expense ratio of 0.99%, which is 4% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Leverage Shares 2X Long GOOGL Daily ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 396% for the Trading--Leveraged Equity category.
Recently, in the month of July 2026, Leverage Shares 2X Long GOOGL Daily ETF returned 0.0%, which earned it a grade of NA, as the Trading--Leveraged Equity category had an average return of -18.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Leverage Shares 2X Long GOOGL Daily ETF has a trailing yield of 0.00%, which is below the 5.84% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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GOOL Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GOOL Return (NAV) | na | na | na | na | na | na |
| GOOL Return (Price) | na | na | na | na | na | na |
| NAV +/- Price Return | na | na | na | na | na | na |
| Trading--Leveraged Equity Avg | -18.2% | -10.8% | 47.2% | 18.3% | 6.2% | 9.2% |
| GOOL Grade (NAV) | na | na | na | na | na | na |
| +/- Category (NAV) | na | na | na | na | na | na |
| GOOL Tax-Cost Ratio | na | na | na | na | na | na |
GOOL Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GOOL Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| GOOL Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Trading--Leveraged Equity Avg | 3.8% | 41.3% | 29.5% | 62.2% | -36.7% | 45.0% | 6.2% | 64.1% | -31.9% | 61.0% | 29.3% |
| GOOL Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 2 Mil |
| Share Class Assets: | $ 2 Mil |
| Turnover: | na |
| Expense Ratio: | 0.99% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | Yes |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 0.1 years | |||
| Average Tenure: 0.1 years | |||
| Managers (Year): Shao Dingxun(Kevin) (2026), Tsang Calvin (2026), Bartkowiak Paul (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 7 |
| % in Top 10 Holdings: | 203.6% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 188.1% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -9.8% |
| Cash: | -78.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Themes ETF Trust |
| Phone Number: | 866-584-3637 |
| Website: | www.ThemesETFs.com |
| Inception Date: | July 6, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.99% (Rating: High) |
| Category Average Expense Ratio (%): | 0.95% |