GLGG

Leverage Shares 2X Long GLXY Daily ETF

$13.97

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Leverage Shares 2X Long GLXY Daily ETF (GLGG) seeks to provide 2x the daily return of the GLXY Index, which tracks the performance of a basket of global large-cap technology stocks.

Overview

ETF tracking Leverage Shares 2X Long GLXY Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-08-21

Market Cap N/A

Average Volume N/A

Dividend Yield N/A

52-Week Range $12.79 - $40.78

VWAP $14.26

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Leverage Shares 2X Long GLXY Daily ETF (GLGG) seeks to provide 2x the daily return of the GLXY Index, which tracks the performance of a basket of global large-cap technology stocks.

🎯 Investment Strategy

The ETF uses leveraged derivatives and other financial instruments to amplify the daily returns of the underlying index. It resets its leverage exposure on a daily basis, aiming to deliver 2x the index's performance over a single trading session.

✨ Key Features

Provides 2x leveraged exposure to a global technology stock index
Resets leverage daily, seeking to track 2x the index's daily performance
Designed for short-term trading, not long-term buy-and-hold investing
Has a very low expense ratio of 0.00%

⚠️ Primary Risks

Significant risk of losses due to the leveraged nature of the fund
Potential for volatility and tracking errors relative to the index
Risks associated with the use of derivatives and other complex financial instruments
Not suitable for investors with a low risk tolerance or long investment horizons

👤 Best For

This ETF is designed for experienced, sophisticated investors with a high risk tolerance who are looking to make short-term, speculative bets on the performance of global technology stocks. It is not suitable for conservative or long-term investors.