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LNAS

Geared

Global X Ultra Long NASDAQ 100 Complex ETF

About this ETF

The Fund will attempt to meet its investment objective primarily by investing its assets in a portfolio of long futures contracts to achieve geared exposure to the Index within the Target Range. The Fund may also hold securities, cash and cash equivalents from time to time.

IssuerGlobal X
Management fee (MER)1.00% p.a.
Inception date13 Jul 2020
BenchmarkNASDAQ 100 TR USD

Scout Score

34/100
Ranked #14 of 14 in Geared

An independent score calculated by ETF Scout across 7 real-data factors (cost, diversification, tracking, liquidity, fund strength, performance, income), ranked against other funds in the same category.

Cost15
Diversification—
Tracking0
Liquidity73
Fund Strength65
Performance—
Income77

Strengths

  • Attractive yield — 0.00%, higher than 77% of Geared peers.
  • Highly liquid — 0.19% bid/ask spread, better than 73% of Geared peers.

Weaknesses

  • Wider index tracking — 46.00% tracking error, looser than 100% of Geared peers.
  • Higher fee — 1.00% p.a., more expensive than 85% of Geared funds.
⚠ Geared fund — higher risk

This is a geared (leveraged) fund. It borrows to amplify returns from its underlying exposure — gains and losses are both magnified compared to an unleveraged fund, and losses can compound quickly in falling or volatile markets. Not suitable for a typical long-term buy-and-hold portfolio without understanding this risk.

Performance (as of 5 Nov 2026)

Total returns, net of fees. Periods longer than 1 year are annualised.

1 Month-31.58%
3 Months-24.03%
YTD-1.52%
1 Year-7.17%
3 Years (p.a.)+31.39%
5 Years (p.a.)+4.86%

Price history

Cumulative return over the selected period, indexed to 0% at the start of the range.

-89%-31%+26%+84%+141%2021-112023-022024-052025-082026-11