ETF Evaluator:
2x Sui ETF (SUIL)
Follow This ETF
(as of Sep 04)
Best Performing in Trading--Miscellaneous Over the Last Year
| 222.7% | Roundhill AMD WeeklyPay ETF (AMDW) |
| 65.9% | Roundhill GOOGL WeeklyPay ETF (GOOW) |
| 39.4% | Roundhill AAPL WeeklyPay ETF (AAPW) |
| 29.5% | ProShares Short VIX Short-Term Futures (SVXY) |
| 26.7% | ProShares UltraShort Yen (YCS) |
Risk
Index
Risk
Index
ETF Details
2x Sui ETF Overview
2x Sui ETF (SUIL) is an actively managed Miscellaneous Trading--Miscellaneous exchange-traded fund (ETF). Volatility Shares LLC launched the ETF in 2026.
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of SUI. The fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Under normal circumstances, the fund will invest at least 80% of the value of its net assets (plus borrowings for investment purposes) in SUI-Linked Instruments. SUI is a digital commodity that is emitted and transmitted through the operations of the delegated proof-of-stake Sui Network, a decentralized network of computers that operates on cryptographic protocols. It is non-diversified.
About 2x Sui ETF (SUIL)
There are 3 members of the management team with an average tenure of 0.30 years: Charles Lowery (2026), Anand Desai (2026) and Dustin Shidaker (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
2x Sui ETF has 10 securities in its portfolio. The top 10 holdings constitute 242.7% 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.
2x Sui ETF is part of the Other global asset class and is within the Miscellaneous ETF group. 2x Sui ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% 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). 2x Sui ETF has 5.6% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $110 million average for the Trading--Miscellaneous 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.
SUIL 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 2x Sui ETF expense ratio is high compared to funds in the Trading--Miscellaneous category. 2x Sui ETF has an expense ratio of 1.85%, which is 43% higher than its category average, making the fund expense ratio grade a D. 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. 2x Sui 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 38% for the Trading--Miscellaneous category.
Recently, in the month of August 2026, 2x Sui ETF returned 9.2%, which earned it a grade of C, as the Trading--Miscellaneous category had an average return of 18.3%. 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.
2x Sui ETF has a trailing yield of 0.00%, which is below the 38.46% 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.
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about 2x Sui ETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
SUIL Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SUIL Return (NAV) | 9.2% | -43.2% | na | na | na | na |
| SUIL Return (Price) | 7.9% | -43.8% | na | na | na | na |
| NAV +/- Price Return | 1.288% | 0.619% | na | na | na | na |
| Trading--Miscellaneous Avg | 18.3% | -5.8% | -16.3% | -7.2% | -10.8% | -11.4% |
| SUIL Grade (NAV) | C | F | na | na | na | na |
| +/- Category (NAV) | -9.2% | -37.4% | na | na | na | na |
| SUIL Tax-Cost Ratio | na | na | na | na | na | na |
SUIL Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SUIL Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| SUIL 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--Miscellaneous Avg | -10.3% | -17.7% | 3.2% | -17.0% | -10.3% | -12.4% | 6.5% | -12.0% | 5.8% | -4.1% | -10.4% |
| SUIL 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: | $ 1 Mil |
| Share Class Assets: | $ 1 Mil |
| Turnover: | na |
| Expense Ratio: | 1.85% |
| 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: 0.3 years | |||
| Average Tenure: 0.3 years | |||
| Managers (Year): Lowery Charles (2026), Desai Anand (2026), Shidaker Dustin (2026) | |||
Portfolio Composition (as of 8/31/26)
| # of Holdings: | 10 |
| % in Top 10 Holdings: | 242.7% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 94.4% |
| Cash: | 5.6% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Volatility Shares LLC |
| Phone Number: | 866-261-0273 |
| Website: | |
| Inception Date: | May 14, 2026 |
Expenses and Fees
| Expense Ratio (%): | 1.85% (Rating: High) |
| Category Average Expense Ratio (%): | 1.30% |
