Leverage Shares 2X Long GEV Daily ETF (GEVG)

The Leverage Shares 2X Long GEV Daily ETF (GEVG) is a single-stock leveraged exchange-traded fund offered by Leverage Shares. It seeks daily investment results, before fees and expenses, equal to two times (200%) the daily percentage change in the share price of GE Vernova Inc., the power generation and electrification equipment maker spun off from General Electric.

The fund gains its exposure primarily through swap agreements and other derivatives referencing GE Vernova shares, backed by cash and short-term instruments. Because the leverage resets each day, the fund targets daily returns only, and its results over longer periods can differ significantly from twice the stock's return.