- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 4th Floor, 3 George's Dock, IFSC Dublin Ireland D01 X5X0
- IPO Date
- Jun 4, 2020
- Business
- Leverage Shares 3x Facebook ETP Securities (FB3.L) is an exchange-traded commodity (ETC) that seeks to provide three times (3x) the daily performance of Meta Platforms Inc. (formerly Facebook Inc.) stock, adjusted for fees and costs associated with maintaining the leveraged position; it achieves this through physical replication by directly investing in the underlying stock and using margin borrowing to amplify exposure. Issued by Leverage Shares Public Limited Company, an Irish-domiciled SICAV established in 2020 and listed on the London Stock Exchange, the ETC tracks the iSTOXX Leveraged 3X FB (USD) (NR) Index with an expense ratio of 3.78%, accumulating dividends and targeting professional investors seeking magnified short-term returns on Meta Platforms shares. Leverage Shares, founded in 2017 and headquartered in Greenwich, Connecticut, with additional offices in Dublin, Ireland, and across Europe, operates as Europe's leading provider of physically replicated leveraged and inverse ETPs/ETCs, offering over 180 products including 5x, 3x, 2x long/short exposures to single stocks, ETFs, indices, and commodities listed on major exchanges such as the London Stock Exchange, Euronext, and Borsa Italiana.
The firm serves institutional and professional investors across Europe and beyond, focusing on active traders interested in high-conviction bets on technology leaders like Meta Platforms, with geographic operations spanning the UK, EU member states, and select Asian markets. Core offerings from Leverage Shares include leveraged single-stock ETPs/ETCs such as 3x Long Meta Platforms (FB3.L), 3x Long Tesla (TSL3), and inverse products like -3x Short equivalents; unleveraged stock trackers; basket ETPs like 3x Long FAANG+; and custom white-label solutions for third-party asset managers.
In recent developments, Leverage Shares launched 19 new ETPs on the London Stock Exchange in September 2025, including the first-ever 3x leveraged products on Robinhood (HOOD), Hims & Hers (HIMS), and UnitedHealth (UNH), alongside 5x long/short exposures on FTSE 100 and FTSE MIB indices, and new 3x products on Intel, Broadcom, ASML, and Eli Lilly. Further expansions in 2025 encompassed 3x Bitcoin and Ethereum ETPs listed on SIX Swiss Exchange in November, single-stock leveraged ETFs via its "by Themes" platform (e.g., 2x BBA, 2x Palantir), and cross-listings such as IncomeShares on Euronext Amsterdam, driving year-to-date turnover up 86% versus 2024 and average monthly trading up nearly 50%. These initiatives underscore ongoing product innovation and portfolio growth amid surging demand for leveraged trading tools, with assets under management exceeding $1.5 billion.