Leverage Shares 2X Long META Daily ETF (METG)

The Leverage Shares 2X Long META Daily ETF is a leveraged single-stock fund that seeks daily investment results, before fees and expenses, equal to two times (200%) the daily percentage change in the share price of Meta Platforms, the owner of Facebook, Instagram, WhatsApp and Threads.

The fund uses swap agreements and may hold Meta shares to obtain its exposure, resetting leverage every trading day. It targets the 2x multiple for a single day only, so returns over longer periods can deviate significantly from twice Meta's cumulative performance because of compounding. The fund is sponsored by Leverage Shares.