L&G FTSE 100 Leveraged (Daily 2x) UCITS ETF

10-Year Study

LUK2.LSE · · GB · ETF

Executive Summary: L&G FTSE 100 Leveraged (Daily 2x) UCITS ETF has compounded at 12.2% annually over the last 10 years, with a maximum drawdown of 47.9% and an annualized volatility of 27.6%.

1Y CAGR
+47.4%
3Y CAGR
+24.9%
5Y CAGR
+17.6%
10Y CAGR
+12.2%

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 →
47.9%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.46
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.64
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
24.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +43.7%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · -30.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20265.813.7-12.88.1————————13.4%
202512.13.0-4.5-3.37.2-0.38.11.73.27.40.03.643.7%
2024-3.00.39.04.73.5-2.63.80.9-3.5-3.84.7-3.49.8%
20237.72.9-5.66.0-10.12.14.1-5.64.1-8.33.87.66.6%
20221.70.42.40.71.3-11.17.4-2.5-10.55.714.2-3.23.8%
2021-1.92.19.27.82.00.7-0.63.9-0.24.0-4.78.934.8%
2020-7.1-18.1-28.36.95.23.6-8.32.0-3.4-9.426.75.3-30.4%
20197.04.96.04.2-5.97.94.3-9.36.9-4.13.25.232.5%
2018-4.7-6.8-3.913.15.8-1.33.1-7.32.5-9.8-4.1-7.2-20.7%
2017-0.56.22.0-3.29.7-5.52.03.1-2.03.8-3.910.222.3%
2016———2.8-0.17.87.43.13.21.8-4.710.235.2%

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 27.6%. The dominant macroeconomic risk driver is VEA.US, accounting for 58.6% of variance. Idiosyncratic stock-specific factors contribute 8.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110279.547423678712
2016-05-0110265.27699913358
2016-06-0111068.498037816626
2016-07-0111885.225014015594
2016-08-0112257.27536822792
2016-09-0112645.634779063248
2016-10-0112878.803322970287
2016-11-0112267.213699607564
2016-12-0113520.972427501149
2017-01-0113458.794149125937
2017-02-0114291.320523928443
2017-03-0114571.377605626625
2017-04-0114100.453595637327
2017-05-0115461.240507619386
2017-06-0114603.740889862902
2017-07-0114891.952499872585
2017-08-0115350.135059375158
2017-09-0115046.378879771673
2017-10-0115613.373426430866
2017-11-0115000.50965801947
2017-12-0116532.796493552825
2018-01-0115753.529381784823
2018-02-0114683.247540900054
2018-03-0114111.156414046176
2018-04-0115966.311604913104
2018-05-0116884.97018500586
2018-06-0116673.462106926254
2018-07-0117198.409866979255
2018-08-0115943.376994037002
2018-09-0116347.280974466134
2018-10-0114741.858213138983
2018-11-0114134.091024922278
2018-12-0113110.952550838389
2019-01-0114028.336985882472
2019-02-0114708.730441873504
2019-03-0115598.083685846797
2019-04-0116250.445950767036
2019-05-0115287.192293970746
2019-06-0116496.355945160798
2019-07-0117213.699607563325
2019-08-0115614.647571479536
2019-09-0116684.929412364305
2019-10-0116008.35839151929
2019-11-0116514.193975842212
2019-12-0117374.24188369604
2020-01-0116138.321186483869
2020-02-0113224.351460170225
2020-03-019486.264716375312
2020-04-0110144.233219509708
2020-05-0110673.5130727282
2020-06-0111062.127312573264
2020-07-0110144.233219509708
2020-08-0110351.154375414098
2020-09-019994.393761785841
2020-10-019054.584373885124
2020-11-0111476.224453391775
2020-12-0112086.539931705827
2021-01-0111861.016258090822
2021-02-0112108.200397533255
2021-03-0113225.625605218898
2021-04-0114252.586514448803
2021-05-0114537.99500535141
2021-06-0114638.652464196524
2021-07-0114546.914020692117
2021-08-0115119.005147545997
2021-09-0115083.32908618317
2021-10-0115692.370419448549
2021-11-0114954.640436267264
2021-12-0116287.396157178533
2022-01-0116565.159777789104
2022-02-0116631.415320320066
2022-03-0117031.496865603178
2022-04-0117148.718210081035
2022-05-0117364.048723306663
2022-06-0115440.089699811426
2022-07-0116582.997808470518
2022-08-0116163.804087457316
2022-09-0114466.642882625758
2022-10-0115289.74058406809
2022-11-0117463.432037103103
2022-12-0116898.985780541258
2023-01-0118193.517149992356
2023-02-0118717.19076499669
2023-03-0117668.569389939352
2023-04-0118729.93221548341
2023-05-0116842.923398399675
2023-06-0117190.764996687223
2023-07-0117890.27062840834
2023-08-0116888.79262015188
2023-09-0117587.02410682432
2023-10-0116130.676316191833
2023-11-0116742.26593955456
2023-12-0118012.588553080885
2024-01-0117464.70618215178
2024-02-0117510.575403903982
2024-03-0119081.596248916976
2024-04-0119970.94949289027
2024-05-0120664.084399368025
2024-06-0120127.66933387697
2024-07-0120902.34952346975
2024-08-0121089.648845624586
2024-09-0120341.725702053922
2024-10-0119569.593802558484
2024-11-0120480.607512359205
2024-12-0119779.82773558942
2025-01-0122163.75312165537
2025-02-0122819.937821721625
2025-03-0121786.606187248355
2025-04-0121074.35910504052
2025-05-0122585.495132765915
2025-06-0122509.046429845574
2025-07-0124325.977269252333
2025-08-0124751.541715508894
2025-09-0125554.25309617247
2025-10-0127439.987768207535
2025-11-0127445.084348402223
2025-12-0128428.72432597727
2026-01-0130064.726568472553
2026-02-0134187.85994597625
2026-03-0129825.187299322155
2026-04-0132230.773151215533
Annual Return Matrix
YearAnnual Return
20170.22275203075821248
2018-0.20697308794969016
20190.32517006802721093
2020-0.30434144910530947
20210.3475648323845668
20220.03754987092231876
20230.0658976098921813
20240.09811133903940017
20250.4372584385467664
20260.13373969164575117
Total Factor Risk
0.2758009234166325
VTI.US Exposure
0.04926006783022451
VEA.US Exposure
0.5864543334344401
VWO.US Exposure
0.05533595048163032
QQQ.US Exposure
-0.06823888111337395
VTV.US Exposure
0.01986935675762566
IJR.US Exposure
-0.02866876878281593
QUAL.US Exposure
-0.02024316805003262
SHV.US Exposure
0.2623527374378594
TLT.US Exposure
0.04594273498258375
LQD.US Exposure
-0.03413271284517189
HYG.US Exposure
0.010745907597887983
GLD.US Exposure
0.0027754109455107936
USO.US Exposure
-0.001199680775153641
VNQ.US Exposure
-0.002562994594091298
BTC-USD.CC Exposure
-0.0021076186902682353
CPER.US Exposure
-0.0018625063958888342
VIX.INDX Exposure
0.0219703484969595
UUP.US Exposure
0.02249242637520757
TIP.US Exposure
0.0014102797528513745
Idiosyncratic Exposure
0.08040677715401547
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
27.6%

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
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%
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 relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

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 →
+3.5%
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 →
+17.0%
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 →
5.7% 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

Frequently Asked Questions & Methodology

Is L&G FTSE 100 Leveraged (Daily 2x) UCITS ETF a high-risk investment?

L&G FTSE 100 Leveraged (Daily 2x) UCITS ETF (LUK2.LSE) has an annualized volatility of 27.6% and experienced a maximum drawdown of 47.9% over the last 10 years. Its primary macro risk driver is VEA.US.

What is the 10-year return of LUK2.LSE?

Over the past 10 years, LUK2.LSE has generated a Compound Annual Growth Rate (CAGR) of 12.2%. It has had a positive return in 80% 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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