Leverage Shares 2X Long BBAI Daily ETF (BAIG) Performance
BAIG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −91.6% since Dec 31, 2025
- 1 year
- −95.8% total return
- Since first price
- −94.7% since 2025
BAIG trailing returns vs SPY, QQQ, AGG
| Period | BAIG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −46.7% | −46.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −52.1% | −52.1% | +3.2% | +1.9% | −0.4% |
| 6 months | −76.6% | −76.6% | +7.8% | +8.4% | −1.5% |
| YTD | −91.6% | −91.6% | +12.3% | +15.1% | −1.0% |
| 1 year | −95.8% | −96.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 21, 2025 | −94.7% | −94.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BAIG vs SPY
From Aug 21, 2025: BAIG grew to $533, SPY to $12,120.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BAIG returns by calendar year
2026 is year to date.
BAIG annual returns table
| Year | BAIG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −91.6% | −94.0% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BAIG largest drawdowns
Now 97.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 14, 2025 | −97.7% | Oct 22, 2026 | not yet | 1.0 years | 1.0 years so far |
| Sep 23, 2025 | −35.6% | Sep 29, 2025 | Oct 13, 2025 | 6 days | 20 days |
| Aug 22, 2025 | −27.8% | Sep 10, 2025 | Sep 16, 2025 | 19 days | 25 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BAIG risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −87.8% |
| Volatility (annualized) | 124.1% |
| Sharpe ratio | -1.00 |
| Sortino ratio | -1.25 |
| Best month | +53.7% |
| Worst month | −50.5% |
| Best 12 months | −85.3% |
| Worst 12 months | −93.3% |
| Positive months | 38% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BAIG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 3 | −96.0% | −93.3% | −85.3% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
BAIG performance overview
Leverage Shares 2X Long BBAI Daily ETF (BAIG) returned −95.8% over the past year, with distributions reinvested. Since its first recorded price on Aug 21, 2025 it has returned −94.7%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −97.7%, from Oct 14, 2025 to Oct 22, 2026; the fund has not yet regained that high. Volatility has been 124.1% a year.
Related: BAIG chart, BAIG dividends. See the BAIG overview for the latest quote and fund facts.
BAIG performance FAQ
What is the BAIG return over the past year?
BAIG returned −95.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 96.0%.
How much would $10,000 invested in BAIG be worth?
$10,000 invested in BAIG at its first recorded close on August 21, 2025 would be worth about $533 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of BAIG?
The largest peak-to-trough decline was −97.7% between October 14, 2025 and October 22, 2026. It has not yet recovered to that high; it is 97.7% below its peak.
How volatile is BAIG?
Over the past history BAIG had an annualized volatility of 124.1% and a Sharpe ratio of -1.00 (excess return over 1–3 month T-bills per unit of risk).