Leverage Shares 2X Long AAPL Daily ETF (AAPE)

The Leverage Shares 2X Long AAPL 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 Apple Inc., the Cupertino, California-based maker of the iPhone, Mac, iPad and Apple Watch and provider of related software and services.

Offered under the Leverage Shares brand by Themes ETFs, the fund obtains its exposure mainly through swap agreements referencing Apple stock and resets its leverage every trading day. As a result, returns over periods longer than a single day can differ meaningfully from twice Apple's return over the same span, especially in volatile markets.

The ETF trades on Cboe BZX under the ticker AAPE.