Leverage Shares 2X Long LITE Daily ETF (LITG)

The Leverage Shares 2X Long LITE Daily ETF is a leveraged single-stock fund that seeks to deliver two times the daily percentage change in the share price of Lumentum Holdings, a supplier of optical and photonic components and lasers for cloud data centers, telecommunications and industrial uses.

Its exposure is obtained mainly through swap agreements and other derivatives. Since the 2x objective applies to daily returns only and resets each day, results over longer periods can differ substantially from twice Lumentum's performance.

The fund is offered under the Leverage Shares brand, known for leveraged single-stock products, and trades on Cboe BZX.