Leverage Shares 2X Long MXL Daily ETF (MXLL)

The Leverage Shares 2X Long MXL Daily ETF is a leveraged exchange-traded fund from Leverage Shares by Themes that seeks daily investment results equal to 200% (two times) the daily performance of the common stock of MaxLinear (MXL).

The objective applies to a single trading day only. The fund typically uses swap agreements and similar derivatives to obtain its leveraged exposure, and because it resets its leverage every day, its returns over periods longer than one day can differ significantly from twice the underlying stock's return over the same period. The fund is listed on Cboe BZX.