Leverage Shares 2X Long SATS Daily ETF

Leverage Shares 2X Long SATS Daily ETF is a daily leveraged exchange-traded fund that seeks to magnify the daily performance of EchoStar Corporation stock by 200 percent. Designed for active traders and knowledgeable investors, the fund provides two times exposure to SATS without requiring a margin account or subjecting investors to margin calls. The fund trades on NASDAQ like any standard stock or ETF and implements daily rebalancing to maintain its leverage objective. With a total expense ratio of 0.75 percent, the fund operates through derivative instruments including swaps to achieve its leveraged exposure. Important to note, the fund's performance over periods longer than a single day will differ from 200 percent of the underlying stock's return due to daily compounding effects and market volatility. The fund is structured to appeal specifically to short-term traders seeking to amplify gains on upward price movements in SATS stock, though it carries significant risk including the potential loss of the entire investment if the underlying stock declines substantially in a single trading day.