Leverage Shares 2X Long SNDK Daily ETF (SNDG) is an actively managed exchange-traded fund that seeks to deliver 200% of the daily performance of SanDisk Corporation common stock, using derivatives and direct exposure to the underlying security. The fund is sponsored within the Leverage Shares ETF family and is listed on Cboe BZX Exchange; it was formed and launched on May 12, 2026, is domiciled in the United States, and is based in the context of Themes ETF Trust and Themes Management Company LLC as issuer and manager references in market data sources. Its core investment approach is concentrated and non-diversified, with at least 80% of net assets invested in the underlying security and financial instruments designed to provide leveraged exposure, including swap agreements and options contracts. The ETF is intended for sophisticated investors and active traders seeking short-term bullish exposure to Sandisk, whose business includes flash storage products and memory solutions used in consumer electronics, data centers, and enterprise storage systems. Recent company changes include the fund’s May 2026 launch, its introduction as a new single-stock leveraged ETF product, and the associated listing, pricing, and public market availability reported in 2026 market data. The fund’s expense ratio is 0.75%, and recent market data show ongoing trading activity and updated net asset values in 2026.