Leverage Shares 2X Long ORLY Daily ETF

Leverage Shares 2X Long ORLY Daily ETF is an actively managed exchange-traded fund designed to deliver two times (200%) the daily performance of O'Reilly Automotive stock, minus fees and expenses. Launched on January 15, 2026, it targets active traders seeking amplified short-term exposure to this leading automotive aftermarket parts retailer without the risks of margin calls or direct leverage. The ETF employs swaps and other derivatives, including O'Reilly Automotive swaps and cash equivalents, to achieve its leveraged objective through daily rebalancing, resulting in a concentrated portfolio typically holding four positions. With a total expense ratio of 0.75%—notably lower than the peer average of 1.25%—it offers cost-efficient access among U.S.-listed single-stock leveraged ETFs. Tied to the consumer discretionary distribution sector and U.S. markets, the fund underscores O'Reilly Automotive's role in resilient consumer demand for auto parts and services. As part of Leverage Shares by Themes' suite of 73 leveraged single-stock daily ETFs, it facilitates precise, high-conviction trading strategies focused on individual equities.