Leverage Shares 2X Long ARM Daily ETF (ARMG)

The Leverage Shares 2X Long ARM Daily ETF (ARMG) is a leveraged single-stock fund from Leverage Shares. It aims to deliver, before fees and expenses, 200% of the daily percentage change in the price of Arm Holdings plc American depositary shares.

Arm Holdings develops CPU architectures, processor cores and related intellectual property licensed to semiconductor companies, with its designs found in smartphones, PCs, servers, vehicles and connected devices. The fund achieves leveraged exposure primarily through swap agreements.

Because the fund rebalances to its 2x daily target each day, its performance over extended periods can diverge from twice the return of Arm shares.