Leverage Shares 2X Long MU Daily ETF (MUG)

Leverage Shares 2X Long MU Daily ETF is a single-stock leveraged fund from Leverage Shares. It seeks daily investment results equal to two times (2x) the daily performance of Micron Technology, a producer of memory and storage semiconductors.

The fund generally uses swaps and other derivatives to reach its target exposure. The 2x objective applies to a single day, and because exposure resets daily, returns over longer periods can vary significantly from twice Micron's cumulative return. Shares trade on Cboe BZX.