Leverage Shares 2X Long COHR Daily ETF (COHH): ETF
ETF traded on BATS under symbol COHH. Quoted in usd.
Leverage Shares 2X Long COHR Daily ETF
COHH is designedfor makingbullishbets on the stock price ofCoherent Corporation (NYSE: COHR), through swap agreements. Theobjectiveis to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. Tomaintainthis exposure, daily rebalancing is performed tomake adjustmentsin response toCOHR's daily price movements. As a geared product, the fund is intended as a short-term tactical tool, ratherthan asa long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that shouldCOHR's value decline by more than 50%relativeto thefund,investors could face a total loss. Additionally, the fund could potentially lose money over time, even ifCOHR's performance strengthens. The fund is expected to invest inmoneymarket funds, deposit accounts, and short-term debts.
Largest holdings
- COHERENT CORP.-SWAP-CLST-L119.62%
- COHERENT CORP.-SWAP-MREX-L70.53%
- COHERENT CORP.-SWAP-CANT-L9.83%
- First American Treasury Obligations Fund 01/01/20405.65%
- Cash & Other-105.62%
30d
2.79M
60d
1.97M
90d
1.70M