Leverage Shares 2X Long CAT Daily ETF (CATG)

The Leverage Shares 2X Long CAT Daily ETF (CATG) is a single-stock leveraged fund that seeks to deliver twice (200%) the daily performance of Caterpillar Inc. (CAT), the manufacturer of construction and mining equipment, engines, turbines and diesel-electric locomotives.

The fund resets its exposure each trading day and targets 2x returns over a single day only. Over longer holding periods, compounding can cause its performance to diverge from twice the return of Caterpillar stock. It generally obtains its leveraged exposure through swap agreements.

CATG is sponsored by Leverage Shares, a provider of leveraged single-stock exchange-traded products, and trades on Cboe BZX.