- CEO
- Paul Bartkowiak
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 11755 Wilshire Blvd, Suite 2400 Los Angeles CA United States of America 90025
- IPO Date
- Nov 17, 2025
- Business
- Leverage Shares 2x Long NEM Daily ETF (NEMG) is an actively managed, daily leveraged exchange-traded fund that seeks to deliver two times (200%) the daily performance of Newmont Corporation (NASDAQ: NEM) common stock, minus fees and expenses, through investments in swaps and other financial instruments including NEWMONT CORP COM SWAP CS, NEWMONT CORP COM SWAP MAR, and NEWMONT CORP COM SWAP CF; it trades on the NASDAQ exchange like a stock with no margin call risk and losses capped to the invested amount. The ETF, part of the Themes ETF Trust advised by Themes Management Company LLC (an affiliate of Leverage Shares under common control), targets sophisticated active traders in the basic materials sector with exposure to U.S.-based gold mining via NEM; it features a total expense ratio of 0.75%, which is below the market average for similar single-stock leveraged ETFs, daily rebalancing, and a 30-day median bid/ask spread of 0.54%. Launched on November 17, 2025, with headquarters operations linked to Leverage Shares LLC in Greenwich, Connecticut, the fund operates primarily in the United States market.
In November 2025, Leverage Shares by Themes expanded its U.S. single-stock leveraged ETF lineup with the launch of NEMG alongside eight others including 2x Long NU (NUG), 2x Long NET (NETG), 2x Long OKTA (OKTG), 2x Long TER, 2x Long CMG, 2x Long ABNB, 2x Long SPOT, and 2x Long SBUX, all at the industry-low 0.75% management fee to enhance trader access to amplified daily returns on high-profile equities. The company, pioneered in 2017 by co-founders Jose Gonzalez-Navarro, Dobromir Kamburov, and Tracy Grant with initial incorporation as Leverage Shares PLC in Ireland, has grown to issue over 160 leveraged and unleveraged ETPs across Europe and now the U.S., focusing on single stocks, ETFs, commodities, and recent thematic expansions like 3x products and income/derivative-based offerings amid record trading volumes up 86% year-to-date through 2025. Ongoing U.S. growth includes additional launches such as 2x Long IREN (IREG), 2x Long BE (BEG), 2x Long GEV (GEVG), and 2x Long SATS (SATG) on December 16, 2025, reinforcing Leverage Shares' position as Europe's largest single-stock ETP issuer by AUM and volumes.