Leverage Shares 2x Micron Technology ETC GBP

10-Year Study

2MU.LSE · Unknown · Unknown · ETF

Executive Summary: Leverage Shares 2x Micron Technology ETC GBP has compounded at 82.0% annually over the last 10 years, with a maximum drawdown of 81.2% and an annualized volatility of 164.8%.

1Y CAGR
+3500.2%
3Y CAGR
+271.4%
5Y CAGR
+80.3%
10Y CAGR
+82.0%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
81.2%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
1.68
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
5.57
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
126.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +550.3%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -76.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
67%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026111.2-13.0-40.8132.5127.9———————476.7%
202514.1-5.2-22.1-32.352.363.1-20.515.186.975.06.144.8550.3%
2024-5.49.167.2-6.711.217.4-36.2-29.012.2-7.2-4.6-26.7-30.6%
202352.1-11.75.52.315.0-17.224.9-5.3-2.3-5.724.929.5142.9%
2022-28.320.9-24.4-18.45.4-41.518.5-12.8-14.66.6-7.3-17.8-76.4%
202115.226.4-5.2-4.4-10.20.8-17.5-8.4-3.4-9.452.920.145.3%
2020——————-13.6-20.614.95.457.122.159.5%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 164.8%. The dominant macroeconomic risk driver is QQQ.US, accounting for 40.9% of variance. Idiosyncratic stock-specific factors contribute 8.8%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2020-06-0110000
2020-07-018638.517279821628
2020-08-016861.761426978818
2020-09-017887.402452619844
2020-10-018316.610925306577
2020-11-0113065.774804905239
2020-12-0115950.390189520625
2021-01-0118375.139353400224
2021-02-0123221.85061315496
2021-03-0122015.05016722408
2021-04-0121047.9375696767
2021-05-0118910.25641025641
2021-06-0119069.11928651059
2021-07-0115741.360089186175
2021-08-0114414.715719063544
2021-09-0113924.191750278707
2021-10-0112619.84392419175
2021-11-0119292.084726867335
2021-12-0123174.47045707915
2022-01-0116605.35117056856
2022-02-0120078.03790412486
2022-03-0115183.946488294316
2022-04-0112385.730211817168
2022-05-0113056.020066889632
2022-06-017632.385730211817
2022-07-019045.429208472688
2022-08-017883.221850613155
2022-09-016733.556298773689
2022-10-017175.30657748049
2022-11-016651.33779264214
2022-12-015464.743589743589
2023-01-018312.430323299888
2023-02-017338.350055741361
2023-03-017739.687848383501
2023-04-017916.666666666666
2023-05-019105.351170568561
2023-06-017536.231884057971
2023-07-019410.535117056856
2023-08-018914.437012263099
2023-09-018712.3745819398
2023-10-018211.817168338908
2023-11-0110253.34448160535
2023-12-0113276.477146042365
2024-01-0112565.217391304346
2024-02-0113707.079152731327
2024-03-0122923.634336677816
2024-04-0121384.615384615383
2024-05-0123784.28093645485
2024-06-0127917.22408026756
2024-07-0117813.54515050167
2024-08-0112651.059085841694
2024-09-0114192.865105908582
2024-10-0113171.683389074693
2024-11-0112566.332218506132
2024-12-019215.161649944259
2025-01-0110510.869565217392
2025-02-019967.948717948719
2025-03-017760.590858416946
2025-04-015253.623188405797
2025-05-017998.8851727982155
2025-06-0113043.478260869566
2025-07-0110367.892976588628
2025-08-0111928.651059085842
2025-09-0122296.54403567447
2025-10-0139018.952062430326
2025-11-0141387.959866220735
2025-12-0159921.96209587514
2026-01-01126532.88740245262
2026-02-01110089.1861761427
2026-03-0165217.391304347824
2026-04-01151616.49944258638
2026-05-01345596.43255295424
Annual Return Matrix
YearAnnual Return
20210.4529093132972217
2022-0.7641912206855082
20231.429478515874028
2024-0.3059030984969351
20255.502540527461892
20264.767441860465116
Total Factor Risk
1.647570270895567
VTI.US Exposure
-0.1004107910493173
VEA.US Exposure
0.12652601071145272
VWO.US Exposure
0.010825979935498324
QQQ.US Exposure
0.4088241416437649
VTV.US Exposure
0.1444286168348629
IJR.US Exposure
0.037506637228355226
QUAL.US Exposure
-0.043120680803068974
SHV.US Exposure
0.2193326413036992
TLT.US Exposure
0.014620600270845906
LQD.US Exposure
0.0016632878793968768
HYG.US Exposure
0.042919870210568124
GLD.US Exposure
0.016916078223646894
USO.US Exposure
0.005229669190097994
VNQ.US Exposure
-0.0216057981473721
BTC-USD.CC Exposure
-0.003170339675650136
CPER.US Exposure
0.013064350154568307
VIX.INDX Exposure
-0.015499422362924693
UUP.US Exposure
0.05351534418610787
TIP.US Exposure
0.0003187298886660929
Idiosyncratic Exposure
0.08811507437680173
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
164.8%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Forward P/EForward P/E RatioA valuation metric that compares the current stock price to estimated future earnings per share.Click for full definition →No estimate availableN/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Squeeze RiskShort Squeeze RiskA situation where a sharp rise in the price of a stock forces short sellers to buy shares to cover their positions, further driving up the price.Click for full definition →Low
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators: distance from 50/200-Day SMA, 52-Week High proximity, Golden Cross trend signal, RSI momentum gauge, Fibonacci retracement levels, and Beta (market sensitivity).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+145.7%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+432.0%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.8% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.00
Market sensitivity coefficient
Trend SignalGolden Cross & Death CrossTechnical chart patterns that occur when a short-term moving average crosses over a long-term moving average.Click for full definition →
✦ Golden Cross
Bullish — 50 SMA above 200 SMA
RSI (14-Day)Relative Strength Index (RSI)A momentum oscillator that measures the speed and change of price movements to identify overbought or oversold conditions.Click for full definition →
82
OversoldNeutralOverbought
Overbought
Fibonacci LevelsFibonacci RetracementTechnical levels based on mathematical ratios that indicate potential support and resistance areas.Click for full definition →
38.2% retracement+59.0%
50.0% retracement+95.5%
61.8% retracement+153.5%
% distance of current price from each 52-week Fibonacci support level.

Frequently Asked Questions & Methodology

Is Leverage Shares 2x Micron Technology ETC GBP a high-risk investment?

Leverage Shares 2x Micron Technology ETC GBP (2MU.LSE) has an annualized volatility of 164.8% and experienced a maximum drawdown of 81.2% over the last 10 years. Its primary macro risk driver is QQQ.US.

What is the 10-year return of 2MU.LSE?

Over the past 10 years, 2MU.LSE has generated a Compound Annual Growth Rate (CAGR) of 82.0%. It has had a positive return in 67% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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