Leverage Shares 2X Long AAOI Daily ETF (AAOG)

The Leverage Shares 2X Long AAOI Daily ETF is a single-stock leveraged fund that seeks daily results equal to two times (200%) the daily percentage change in the share price of Applied Optoelectronics, a Sugar Land, Texas-based maker of fiber-optic networking products such as optical transceivers used in data centers and cable television networks.

The fund is offered under the Leverage Shares brand by Themes ETFs and builds its exposure primarily through swap agreements on Applied Optoelectronics stock, resetting its leverage every trading day. Because the 2x objective applies to each day individually, performance over longer holding periods can diverge meaningfully from twice the stock's cumulative return.

The ETF trades on Cboe BZX under the ticker AAOG.