Leverage Shares 2X Long UUUU Daily ETF (UUUG)

Leverage Shares 2X Long UUUU Daily ETF (UUUG) is a leveraged exchange-traded fund that seeks daily investment results equal to two times (2x) the daily percentage change in the share price of Energy Fuels Inc.. It is a single-stock fund, so its performance is tied entirely to one underlying company rather than to a diversified portfolio.

Energy Fuels Inc. (UUUU) is a U.S.-based producer of uranium and a processor of rare earth elements, operating the White Mesa Mill in Utah, which also has been used to recover vanadium and other critical minerals.

The fund typically obtains its leveraged exposure through swap agreements and similar instruments rather than by simply holding twice as many shares. Because the 2x target applies to each single trading day and the leverage is reset daily, results over periods longer than one day can differ meaningfully from twice the stock's return over the same period. The fund is sponsored by Leverage Shares, part of the Themes ETFs family.