Leverage Shares 2X Long ASML Daily ETF (ASMG)

The Leverage Shares 2X Long ASML Daily ETF (ASMG) is a leveraged single-stock fund from Leverage Shares. It seeks, before fees and expenses, two times (200%) the daily percentage change in the share price of ASML Holding N.V.

ASML, headquartered in Veldhoven, the Netherlands, makes photolithography systems used to print circuit patterns on silicon wafers, and is the sole supplier of extreme ultraviolet (EUV) lithography machines used to manufacture the most advanced chips. The fund gains leveraged exposure primarily through swap agreements.

The 2x target is reset daily, so longer-term results can differ meaningfully from twice ASML's cumulative return.