Leverage Shares 2X Long AEHR Daily ETF (AEHG)

The Leverage Shares 2X Long AEHR 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 Aehr Test Systems, a Fremont, California-based maker of semiconductor test and burn-in equipment used to screen chips, including silicon carbide power devices, for reliability.

Offered under the Leverage Shares brand by Themes ETFs, the fund gains its exposure primarily through swap agreements on Aehr Test Systems stock and rebalances daily to maintain its 2x target. Because the objective resets each day, the fund's performance over longer periods can differ significantly from twice the stock's return, an effect magnified by volatility.

The ETF trades on Cboe BZX under the ticker AEHG.