Leverage Shares 2X Long CIEN Daily ETF (CIEG)

The Leverage Shares 2X Long CIEN Daily ETF (CIEG) is a leveraged single-stock exchange-traded fund from Leverage Shares that seeks daily investment results equal to twice the daily performance of Ciena Corporation (CIEN) common stock.

Ciena is a networking company that supplies optical transport systems, routing and switching equipment and related software used by telecom carriers, cloud providers and data center operators. The fund uses derivatives such as swaps and resets its leverage daily, so the 2x objective applies to single-day returns only, and longer-term results can deviate substantially from twice the stock's performance.