Leverage Shares 2X Long ADBE Daily ETF (ADBG)

The Leverage Shares 2X Long ADBE Daily ETF is a single-stock leveraged fund that seeks daily investment results equal to two times (200%) the daily percentage change in the share price of Adobe Inc., the San Jose, California-based software company behind Photoshop, Acrobat and the Creative Cloud and Document Cloud subscription offerings.

Offered under the Leverage Shares brand by Themes ETFs, the fund obtains its exposure mainly through swap agreements referencing Adobe stock and rebalances daily to maintain its 2x target. Because the objective resets each day, returns over periods longer than one day can differ significantly from twice Adobe's return over the same period.

The ETF trades on the Nasdaq under the ticker ADBG.