- Business
- Leverage Shares 3x Long Airlines ETP Securities (3JEE.L) is an exchange-traded product (ETP) issued by Leverage Shares Public Limited Company that seeks to deliver three times the daily return of the U.S. Global Jets ETF (JETS), adjusted for fees and the costs of maintaining the leveraged position. The ETP employs physical replication by directly investing in shares of the underlying JETS ETF and using margin borrowing to amplify exposure, without relying on derivatives such as swaps; it targets experienced investors seeking magnified returns on the airline sector, which includes major U.S. carriers like Delta Air Lines, American Airlines, and United Airlines as reflected in the JETS holdings. Leverage Shares Public Limited Company, founded in 2017 and headquartered in Dublin, Ireland, with additional offices in Greenwich, Connecticut, and London, United Kingdom, operates across Europe and provides a broad suite of leveraged (2x, 3x, 5x), inverse (-1x, -2x, -3x, -5x), and delta-one ETPs tracking individual stocks, ETFs, indices, commodities, and cryptocurrencies; these products list on exchanges including the London Stock Exchange, Euronext Amsterdam, Börse Frankfurt, and Borsa Italiana. In September 2025, Leverage Shares launched 19 new ETPs on the London Stock Exchange, including first-ever 3x Long products on Robinhood (HOOD), Hims & Hers (HIMS), and UnitedHealth (UNH), alongside 3x exposures to Intel, Broadcom, ASML, and Eli Lilly, 5x Long/Short on FTSE 100 and FTSE MIB indices, and a 3x Long FAANG+ basket, amid record trading volumes with year-to-date turnover up 86% versus 2024. The company continues to expand its physically backed ETP platform, which has grown to over 180 products serving active traders and institutional clients focused on high-conviction strategies, hedging, and short-term tactical positions.