Leverage Shares 2X Long LULU Daily ETF (LULG)

Leverage Shares 2X Long LULU Daily ETF is a leveraged single-stock fund from Leverage Shares, a sponsor of leveraged and inverse exchange-traded products. It seeks to deliver twice (200%) the daily performance of Lululemon Athletica Inc. (LULU), the Vancouver-based designer and retailer of athletic and athleisure apparel, footwear and accessories.

The fund obtains its leveraged exposure primarily through swap agreements and other derivatives, supported by cash collateral, and resets that exposure each trading day.

Because the 2X objective is measured on a daily basis, compounding means returns over longer periods can differ significantly from twice the cumulative return of Lululemon stock, particularly during volatile stretches. The product is designed for short-term trading.