Leverage Shares 2X Long GOOGL Daily ETF (GOOL)

The Leverage Shares 2X Long GOOGL Daily ETF (GOOL) is a leveraged single-stock fund from Leverage Shares. It seeks daily investment results equal to two times the daily percentage change in the Class A shares of Alphabet Inc., the parent company of Google.

The fund uses swap agreements and similar derivatives to gain its leveraged exposure and rebalances each day. Because of daily compounding, its returns over longer periods can differ meaningfully from twice the return of Alphabet stock.

The ETF is listed on Cboe BZX and is intended for short-term trading.