Leverage Shares 2X Long VIAV Daily ETF (VIAG)

Leverage Shares 2X Long VIAV Daily ETF (VIAG) 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 Viavi Solutions Inc.. It is a single-stock fund, so its performance is tied entirely to one underlying company rather than to a diversified portfolio.

Viavi Solutions Inc. (VIAV) is a U.S. technology company that supplies network test, monitoring and assurance equipment and software to communications service providers, enterprises and data center operators, along with optical coatings and filters used in sensing and anti-counterfeiting applications.

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.