Leverage Shares 2X Long OSCR Daily ETF

Leverage Shares 2X Long OSCR Daily ETF is a specialized exchange-traded fund designed to deliver twice (200%) the daily return of Oscar Health, Inc., a publicly traded health insurance technology company in the United States. This ETF employs derivatives such as swaps to achieve its leveraged exposure, allowing investors to magnify the short-term movements of Oscar Health's stock within a liquid, exchange-tradable vehicle. Unlike conventional ETFs, it is structured specifically for active traders and those who seek leveraged daily performance in the healthcare sector, with daily rebalancing to maintain its 2x objective. Notably, the fund does not require a margin account and caps losses to the invested amount, offering 2x bullish exposure without the risk of margin calls. However, its returns over periods longer than a single day can significantly diverge from double the underlying stock’s performance due to compounding and market volatility—making it unsuitable for passive, long-term investors. The ETF concentrates its holdings in swaps tied to Oscar Health and maintains an expense ratio of 0.75%, reflecting its focus on leveraged, non-diversified investment in the U.S. healthcare industry.