Leverage Shares 2X Long ADI Daily ETF (ADIU)

The Leverage Shares 2X Long ADI 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 Analog Devices, a semiconductor company headquartered in Wilmington, Massachusetts, that designs analog, mixed-signal and power management chips used in industrial, automotive, communications and consumer equipment.

Offered under the Leverage Shares brand by Themes ETFs, the fund obtains its exposure mainly through swap agreements on Analog Devices stock and rebalances daily to maintain the 2x target. Because the leverage resets each trading day, returns over longer periods can differ substantially from twice the stock's cumulative return.

The ETF trades on Cboe BZX under the ticker ADIU.