- Business
- Leverage Shares 2x NVIDIA ETP Securities A (NVD2.L) is an exchange-traded product (ETP) issued by Leverage Shares PLC that seeks to deliver two times (2x) the daily performance of NVIDIA Corporation (NVDA) stock, adjusted for fees and the costs of maintaining the leveraged position; it physically replicates exposure by investing directly in NVDA shares supplemented by margin borrowing to achieve the target leverage factor. The ETP features an intraday rebalance mechanism known as an "airbag" to mitigate extreme intra-day declines, trades like an equity security on major exchanges with multiple market makers ensuring liquidity, and carries an annual management fee of 0.75%; it is structured as a collateralized debt instrument domiciled in Ireland with ISIN XS2820604853. Listed on the London Stock Exchange (Main Market) since December 12, 2017, in USD (NVD2), GBP (2NVD), and EUR (NVDE) under the NYSE Leveraged 2x NVDA Index, the product is also available on Euronext Amsterdam and eligible for SIPPs and ISAs in eligible markets; it targets sophisticated investors comfortable with daily rebalancing, leverage compounding effects, and potential full principal loss but no margin call risk. Leverage Shares PLC, founded in 2017 and headquartered at 2nd Floor, Block 5, Irish Life Centre, Abbey Street Lower, Dublin 1, Ireland, with additional offices in Greenwich, Connecticut, USA, operates across Europe including the United Kingdom, Italy, Germany, France, Spain, the Netherlands, Ireland, Poland, and Belgium, providing a broad suite of leveraged, inverse, and single-stock ETPs managed by industry experts with margin provision from Interactive Brokers LLC and/or Morgan Stanley & Co. LLC.
In September 2025, Leverage Shares expanded its product lineup significantly by launching 19 new ETPs on the London Stock Exchange, including the first-ever 3x leveraged products on single stocks such as Robinhood (HOOD), Hims & Hers (HIMS), UnitedHealth (UNH), Intel (INTC), Broadcom (AVGO), ASML, and Eli Lilly (LLY), alongside 5x long/short exposures on FTSE 100 and FTSE MIB indices, a 3x long FAANG+ basket, and 3x products on Rheinmetall (RHM) and Futu (FUTU), plus a white-label Pantarai ADAPT ETP; this strategic expansion reflects robust trading momentum with year-to-date turnover through August 2025 up 86% versus 2024 and average monthly trading volume nearly 50% higher than the prior year. The firm, managing over $1.5 billion in assets under management across more than 180 ETPs, continues to innovate in the leveraged and inverse equity segment for professional traders seeking magnified short-term exposure to leading technology and growth stocks.