Openbookopenbook
Openbook
VPCU
+0.03 · +0.20%
£12.95 · LSE
Leverage Shares Vanilla Blue Chip Portfolio ETP | US Large-Cap Blend Equity
Leverage Shares Public Limited Company · Ireland
AUM:$21.2M
#– of – in US Large-Cap Blend Equity ETFs
ℹ️
Reward Rating
25
Weak
5.89% 1Y return
ℹ️
Risk Rating
47
Moderate
Risk Assessment
ℹ️

Educational tool only – Scores are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

📈 Up 5.9% over the past year, showing positive momentum.

Cost Efficiency

⚠️ Ongoing charge of 1.30% — above average for this category.

What is VPCU?

Leverage Shares Vanilla Blue Chip Portfolio ETP tracks Morningstar US Large-Mid NR USD, providing diversified exposure across 23 holdings. Its ongoing charge is 1.30%.

Performance Highlights

Investment Breakdown

Positive 1-Year Return
VPCU returned 5.9% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Ongoing charge of 1.30% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 57.0% of the ETF — significant weight in a small number of names.

Openbook Analysis

Performance: Weak (25)

The scoring profile reflects subdued historical performance over the measured period. The ongoing charge of 1.30% should be considered against long-term return expectations. Risk indicators are moderate, in line with typical market exposure (historical).

For informational and educational purposes only. Not financial advice. Past performance is not indicative of future results.

ETF Information
AUM$21.2M
Ongoing Charge1.30%
Dividend Yield0.00%
Holdings23
Inception DateMar 2024
DomicileIreland
Distribution–
IndexMorningstar US Large-Mid NR USD
ProviderLeverage Shares Public Limited Company
Beta–
CategoryUS Large-Cap Blend Equity
CurrencyUSD
Portfolio Impact

How would VPCU affect your portfolio?

Sign in to see exactly what adding this ETF changes — sector exposure, yield, diversification, volatility. Real numbers from your actual holdings.

Sign in
Example preview
6168
+7 points · better diversified
Alternatives
Similar ETFs to compare
CSP1
iShares Core S&P 500
TER 0.07%
1Y+18.1%
AUM£78B
Yield1.3%
VUAG
Vanguard S&P 500 Acc
TER 0.07%
1Y+18.0%
AUM£12B
Yield—
SWDA
iShares MSCI World
TER 0.20%
1Y+15.4%
AUM£62B
Yield1.6%
VWRP
Vanguard FTSE All-World
TER 0.22%
1Y+14.8%
AUM£14B
Yield1.8%

Chart Tools

My Portfolio

Sign in to overlay your portfolio on the chart.

Sign in
Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-2.6%
1Y
+6.7%
3Y
+22.9%
5Y
+22.9%
OpenBook InsightIf you had invested £10,000 in VPCU 5 years ago, it would have grown to £12,292 — a gain of £2,292.

Annual Returns

Calendar year performance

VPCU delivered positive returns in 3 of the last 3 calendar years.
YearVPCU
2026 YTD+0.1%
2025+4.9%
2024+16.1%
CAGR 2yr+10.4%
3/3 positive yearsAvg return: +7.0%Worst year: +0.1% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
12.3%
Low
Momentum
-1.1%
30-day change
Support Level
13.01
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.

Reward Rating Breakdown

Our reward rating analyses VPCU's attractiveness using 4 weighted factors. Each factor is scored 0-100, then combined using the weights shown below. Past performance does not guarantee future results.

Overall Reward Rating
25
Weak REWARD
Data Coverage: %
Factor Framework
Performance
Has the ETF delivered strong historical returns versus similar ETFs?
Cost Efficiency
Is the ETF cheap to own over long periods?
Income
Does it provide attractive and consistent distributions?
Diversification Quality
Does it spread exposure across holdings, sectors, and regions?

📈 Performance

Weight: 30%
30/100

Has the ETF delivered strong historical returns versus similar ETFs? Combines 1/3/5/10-year returns with the Sharpe ratio (risk-adjusted return).

1Y Return
5.89%
Weak
3Y Return
0.00%
Weak
5Y Return
0.00%
Weak
10Y Return
0.00%
Weak
Sharpe Ratio
—
No Data

Weak historical performance: 1-year return of 5.89%, 3-year annualised 0.00%, 5-year annualised 0.00%. Past performance is not indicative of future results.

💰 Cost Efficiency

Weight: 30%
15/100

Is the ETF cheap to own over long periods? Low ongoing charges compound into meaningful additional returns over a 10-year horizon.

Ongoing Charge
1.30%
Very Weak
Net Expense Ratio
—
No Data
Annual Turnover
—
No Data
Tracking Difference
—
No Data

Higher-than-average cost profile: ongoing charge of 1.30%.

💵 Income

Weight: 15%
15/100

Does the ETF provide attractive and consistent distributions? Combines the current yield with distribution frequency.

Distribution Yield
0.00%
Very Weak
Distribution Frequency
—
No Data

Low-income profile — better suited as a growth holding: distribution yield of 0.00%.

🌐 Diversification Quality

Weight: 25%
35/100

Does the ETF spread exposure across many holdings, sectors, and regions? Concentrated funds can be doing exactly what they're meant to do — treat the score as context, not a verdict.

Holdings
23
Very Weak
Top 10 Concentration
56.97%
Very Weak
Top Sector
Industrials20.9%
Good
Top Region
North America85.3%
Weak

Heavily concentrated — returns will be driven by a narrow slice of the market: 23 holdings, top 10 at 57.0%, Industrials sector at 20.9%, North America at 85.3%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Past performance is not indicative of future results.

Risk Rating Breakdown

Our risk rating analyses VPCU using 4 weighted factors. A higher score indicates higher risk. This is a framework for understanding exposure — concentrated funds can still be doing exactly what they're meant to do.

Overall Risk Rating
47
Moderate RISK
Data Coverage: 75%
Factor Framework
Holdings Concentration
How much of the fund sits in its largest positions? Few dominant names mean returns ride on those companies.
Market Exposure
Geographic, sector and cyclical dependencies. High single-country or single-sector weight increases macro sensitivity.
Volatility
Historical price movement, beta and drawdowns — how sharply the fund moves relative to the market.
Income Reliability
How dependable the distribution yield is — cyclical-sector dependency and unusually high yields can flag payout risk.

🎯 Holdings Concentration

Weight: 25%
68/100

How much of the fund sits in a small number of positions? If the top holdings dominate, returns will be driven by those specific companies rather than the broader index.

Top 10 Weight
56.97%
Elevated
Largest Holding
13.59%
Elevated
Number of Holdings
23
High Risk
HHI (weight²)
395
Low Risk

Moderate holdings concentration: top 10 holdings at 57.0%, largest single position at 13.59%, 23 total holdings.

🌍 Market Exposure

Weight: 25%
64/100

How dependent is the fund on a single country, sector or economic cycle? Heavy exposure to one market means a single macro event can drive most of the return.

Top Region
North America85.3%
Elevated
Top Sector
Industrials20.9%
Lower Risk
Top 2 Sectors
40.75%
Moderate
Cyclical Sectors
54.34%
Elevated

Notable regional or sector dependency: North America at 85.3%, Industrials sector at 20.9%, 54.3% in cyclical sectors.

📊 Volatility

Weight: 35%
20/100

How sharply does the fund move day-to-day and how deep have its drawdowns been? High volatility means wider return outcomes over short horizons.

1Y Volatility
8.77%
Lower Risk
Beta
—
No Data
Max Drawdown
—
No Data

Below-average volatility: 1Y volatility of 8.77% (historical).

💵 Income Reliability

Weight: 15%
Not applicable

This is an accumulating ETF. Distributions are reinvested inside the fund, so there's no dividend-reliability risk to assess. The 15% income weight is redistributed to the other three factors.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Risk scoring is model-based and past data does not guarantee future results.
openbook

Stock research for everyday UK investors. Make smarter decisions, faster.

Questions? Email us at contact@openbookanalytics.com

© 2026 Openbook Analytics Ltd · Company No. SC843579 · Registered in Scotland

256-bit encryption GDPR compliant UK data centres

Openbook Analytics Ltd (Company No. SC843579) is registered in Scotland. Registered office: Strathclyde Inspire Hub, University of Strathclyde, Graham Hills Building (Level 6), 50 Richmond Street, Glasgow, G1 1XP. Openbook Analytics is not authorised or regulated by the Financial Conduct Authority (FCA). The content on this platform is provided for general informational and educational purposes only and does not constitute financial advice, investment advice, trading advice, or any other form of advice. You should not treat any content on this platform as a recommendation to buy, sell, or hold any financial instrument. Past performance is not a reliable indicator of future results. The value of investments and the income from them can go down as well as up, and you may get back less than you invest. User-generated content, including community posts and commentary, reflects the personal opinions of individual users, is not verified for accuracy, and does not represent the views of Openbook Analytics Ltd. You should always conduct your own research or consult a qualified, FCA-regulated financial adviser before making investment decisions. Data displayed on this platform may be delayed or inaccurate and is provided "as is" without warranty. Openbook Analytics Ltd accepts no liability for any loss arising from reliance on the information provided.