Leverage Shares 2X Long UPS Daily ETF

Leverage Shares 2X Long UPS Daily ETF is an exchange-traded fund designed to provide daily leveraged investment exposure to United Parcel Service Inc., magnifying the daily performance of UPS stock by 200 percent. Launched in December 2025, this non-diversified fund trades on NASDAQ under the ticker UPSG and offers a liquid ETF wrapper for leveraged exposure without the risk of margin calls. The fund holds a single underlying security through swap contracts and cash positions, employing daily rebalancing to maintain its 2x leveraged objective. Due to the compounding effects of daily rebalancing, the fund's performance over periods longer than one day will likely differ significantly from 200 percent of UPS's performance over the same period. The fund carries substantial risk, including the potential for significant losses during market volatility, and is designed exclusively for knowledgeable investors who actively monitor their portfolios and understand leveraged investment consequences. With a total expense ratio of 0.75 percent, it serves traders and investors seeking magnified short-term exposure to UPS stock performance.