GRAG ETF — Holdings & Analysis

The Leverage Shares 2x Long GRAB Daily ETF (GRAG) is designed for active traders seeking magnified short-term exposure to GRAB stock.

Launched in December 2025 by LeverageShares, GRAG aims to deliver two times the daily performance of GRAB, less fees and expenses. With a modest AUM, the fund carries an expense ratio of 0.75%. GRAG's strategy focuses on daily leveraged returns, making it a unique tool for tactical, short-term investment strategies rather than long-term holdings.

Leverage Shares 2x Long GRAB Daily ETF (GRAG) ETF — Price, Holdings & Analysis

The Leverage Shares 2x Long GRAB Daily ETF (GRAG) is designed for active traders seeking magnified short-term exposure to GRAB stock. Launched in December 2025 by LeverageShares, GRAG aims to deliver two times the daily performance of GRAB, less fees and expenses. With a modest AUM, the fund carries an expense ratio of 0.75%. GRAG's strategy focuses on daily leveraged returns, making it a unique tool for tactical, short-term investment strategies rather than long-term holdings.

ETF Overview

The Leverage Shares 2x Long GRAB Daily ETF (GRAG) is a 2x Daily Leveraged (Bull) ETF designed for active traders seeking to magnify short-term results. The GRAG ETF aims to achieve two times (200%) the daily performance of GRAB stock, minus fees and expenses.

The Leverage Shares 2x Long GRAB Daily ETF (GRAG) provides a leveraged exposure to the daily price movements of GRAB stock. As a 2x leveraged ETF, GRAG is designed to amplify the daily returns of GRAB, aiming for a 200% correlation. This strategy is tailored for sophisticated traders who seek to capitalize on short-term fluctuations in GRAB's price. GRAG's portfolio currently holds a small number of assets, with a significant portion (9.04%) allocated to First American Treasury Obligs X (FXFXX). The fund's country exposure is entirely focused on 'Other' countries, reflecting the specific nature of GRAB's operations. GRAG is not intended for buy-and-hold investors; its leveraged nature makes it a tool for intraday or short-term tactical maneuvers.

Risk Metrics

GRAG's leveraged nature significantly amplifies both potential gains and losses, making it unsuitable for risk-averse investors. The 2x leverage means that a 1% move in GRAB's stock price results in a 2% move in GRAG's value, before fees and expenses. The fund's concentration in a single stock (GRAB, indirectly) introduces significant concentration risk. With a beta of 0.00 (3Y), GRAG's volatility relative to the broader market is not measurable, but the leverage itself creates substantial risk. The 0.75% expense ratio further erodes returns, especially if held for extended periods, due to the compounding effect of daily resets. Past performance does not guarantee future results.

Expense Ratio

0.75%

What does GRAG hold?

Holding	Weight
First American Treasury Obligs X (FXFXX)	9.04%

How Is the Fund Allocated?

Country	Weight
Other	100.0%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Leverage Shares 2x Long SBUX Daily ETF (SBU) (Equity) — 0.75% expense ratio
Leverage Shares 2x Long CRWV Daily ETF (CRWG) (Equity) — 0.75% expense ratio
Leverage Shares 2x Long MP Daily ETF (MPG) (Equity) — 0.75% expense ratio
Leverage Shares 2X Long NU Daily ETF (NUG) (Equity) — 0.75% expense ratio
Leverage Shares 2x Long ORLY Daily ETF (ORLG) (Equity) — 0.75% expense ratio
Leverage Shares 2x Long XPEV Daily ETF (XPEG) (Equity) — 0.75% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is GRAG and what does it track?

The Leverage Shares 2x Long GRAB Daily ETF (GRAG) is a leveraged exchange-traded fund designed to provide twice the daily performance of GRAB stock.

Launched by LeverageShares in December 2025, GRAG aims to magnify the short-term gains (or losses) experienced by GRAB.

What is the expense ratio for GRAG?

The expense ratio for the Leverage Shares 2x Long GRAB Daily ETF (GRAG) is 0.75%. This means that for every $1000 invested in the fund, $7.50 is used to cover the fund's operating expenses annually.

What are the top holdings in GRAG?

As of 2026-03-15, the top holding in the Leverage Shares 2x Long GRAB Daily ETF (GRAG) is First American Treasury Obligs X (FXFXX), comprising 9.04% of the fund's portfolio.

While GRAG aims to provide leveraged exposure to GRAB stock, it appears to use instruments like FXFXX for cash management or collateral purposes. The fund holds a total of 4 assets.

Is GRAG a good long-term investment?

The Leverage Shares 2x Long GRAB Daily ETF (GRAG) is generally not considered suitable for long-term investment strategies.

Its leveraged nature and daily reset mechanism can lead to significant deviations from the underlying asset's performance over extended periods due to compounding effects. With an expense ratio of 0.75%, the cost of holding GRAG long-term can also erode returns.

How does GRAG compare to similar ETFs?

GRAG is unique as a 2x leveraged ETF specifically targeting the daily performance of GRAB stock. While other leveraged ETFs exist, they typically focus on broader market indices or different sectors.

GRAG's expense ratio of 0.75% is typical for leveraged products.

Does GRAG pay dividends?

According to the available data, the Leverage Shares 2x Long GRAB Daily ETF (GRAG) has a dividend yield of 0.00%. This indicates that the fund does not currently distribute any dividend income to its shareholders.

Investors seeking dividend income should consider other ETFs that focus on dividend-paying stocks or strategies. The primary objective of GRAG is to provide leveraged daily exposure to GRAB stock, not to generate dividend income.