- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 11755 Wilshire Blvd, Suite 2400 Los Angeles CA United States of America 90025
- IPO Date
- Jan 24, 2025
- Business
- Leverage Shares 2x Long AMD Daily ETF (AMDG) is an actively managed exchange-traded fund that seeks to deliver two times (200%) the daily performance of the common stock of Advanced Micro Devices, Inc. (NASDAQ: AMD), less fees and expenses, through swap agreements with major financial institutions including Cantor, Marex, and Clearstreet; the fund holds related swaps, U.S. Treasury obligations such as the First American Treasury Obligations Fund, and cash equivalents as collateral, with a total expense ratio of 0.75%, inception date of January 24, 2025, and listing on NASDAQ. Issued by Themes ETFs Trust under the Leverage Shares by Themes brand, AMDG forms part of a broader suite of single-stock leveraged ETFs targeting technology sector leaders, including those providing 2x long exposure to Nvidia (NVDG), Tesla (TSLG), ASML (ASMG), ARM Holdings (ARMG), and Taiwan Semiconductor (TSMG); the fund caters to sophisticated active traders seeking magnified short-term exposure without margin call risks or direct stock ownership. Leverage Shares, the pioneering European issuer of single-stock exchange-traded products founded in 2017 and headquartered in Dublin, Ireland, with principal U.S. operations in Greenwich, Connecticut, expanded its U.S. offerings through its sister company Themes ETFs—established in 2023—launching AMDG in January 2025 as its sixth leveraged single-stock ETF amid rapid portfolio growth. Recent major developments include surpassing $1 billion in assets under management across Themes ETFs and Leverage Shares by Themes product suites in October 2025; launching 19 new exchange-traded products on the London Stock Exchange in September 2025, featuring the first 3x single-stock exposures to stocks like Robinhood (HOOD), Hims & Hers (HIMS), and UnitedHealth (UNH); and introducing four additional U.S. 2x long ETFs on IREN, BE, GEV, and SATS in December 2025, alongside expansions in November 2025 covering NU, NET, OKTA, TER, NEM, CMG, ABNB, SPOT, and SBUX, reflecting accelerated product innovation and record trading volumes up 86% year-to-date through August 2025. The fund operates in the U.S. domestic equity market, focusing on large-cap semiconductors within the information technology sector, with no currency hedging and daily rebalancing to maintain targeted leverage amid heightened volatility risks.