Leverage Shares 2X Long SNDK Daily ETF (SNDG): ETF
ETF traded on BATS under symbol SNDG. Quoted in usd.
Leverage Shares 2X Long SNDK Daily ETF
SNDG is designedfor makingbullishbets on the stock price ofSandisk Corporation (Nasdaq: SNDK), 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 toSNDK'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 shouldSNDK'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 ifSNDK's performance strengthens. The fund is expected to invest inmoneymarket funds, deposit accounts, and short-term debts.
Largest holdings
- SANDISK CORPORATION-SWAP-MREX-L135.99%
- SANDISK CORPORATION-SWAP-CLST-L52.16%
- SANDISK CORPORATION-SWAP-CANT-L11.77%
- First American Treasury Obligations Fund 01/01/20405.71%
- Cash & Other-105.64%
30d
11.07M
60d
8.19M
90d
8.03M