Leverage Shares 2X Long FLEX Daily ETF (FLEL)

Leverage Shares 2X Long FLEX Daily ETF (FLEL) is a leveraged single-stock exchange-traded fund from Leverage Shares, with Themes Management Company as adviser, launched in 2026. It seeks daily investment results, before fees and expenses, of two times the daily percentage change in the share price of Flex Ltd. (FLEX).

Flex Ltd. is a global contract manufacturer that provides design, engineering, manufacturing and supply chain services for electronics and other products used in industries such as data centers, automotive, health care and industrial equipment. The fund obtains its leveraged exposure largely through derivatives such as swaps.

The 2x target applies to a single day and leverage is reset daily, so performance over longer periods can differ significantly from twice the stock's return.