Leverage Shares 2X Long NU Daily ETF
NUG
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Dingxun Shao
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 11755 Wilshire Blvd, Suite 2400 Los Angeles CA United States of America 90025
- IPO Date
- Jan 27, 2016
- CIK
- 0001479026
- Website
- leverageshares.com
- Similar Companies
- Business
- Leverage Shares 2x Long NU Daily ETF (NUG) is an exchange-traded fund that seeks daily 200% exposure to the daily performance of Nu Holdings Ltd. stock (NU), before fees and expenses, through actively managed strategies including swaps and options to achieve its leveraged objective, with daily rebalancing designed for short-term trading. The fund is designed to provide investors with amplified exposure to NU on a daily basis, using swap agreements and option-based structures to achieve synthetic leverage, and it may employ collateral arrangements and credit facilities to support these strategies. It is listed on NASDAQ and targets sophisticated, intraday traders seeking leveraged exposure to NU, while highlighting the risks associated with compounding returns, volatility decay, and the potential for material loss, including the possibility of losing the full principal value in single-day adverse moves. The fund charges an expense ratio in the vicinity of 0.75% and pursues its objective through a combination of direct equity exposure, derivatives, and collateral management, with the aim of delivering 2x NU’s daily percentage change, net of fees, for short-term investment horizons. NUG’s geographic footprint is centered on the United States equity market, with NU as the underlying asset and the fund’s operations governed by U.S. regulatory frameworks for ETFs. The issuer emphasizes that the fund is not a long-term buy-and-hold vehicle and that results over multiple days or longer may diverge from 2x the underlying’s cumulative return due to daily rebalancing and compounding effects. The product is intended for traders and risk-tolerant investors seeking tactical exposure to NU’s daily moves, and it operates within the broader family of Leverage Shares’ leveraged ETF offerings. The fund’s inception and ongoing management establish a framework for leveraging NU’s daily performance while disclosing material risks, liquidity considerations, and the need for active monitoring of positions. The issuer provides detailed disclosures and performance information through its official materials and the fund’s fact sheets, including the latest changes in strategy, regulatory updates, and market conditions affecting leveraged ETF performance. It also notes potential changes to collateral, counterparty risk, and swap or option strategies as part of ongoing risk management and product evolution. The issuer situates NUG within the broader Leveraged and Inverse ETF segment, serving clients seeking short-term differential exposure to individual equity names through a regulated ETF structure.