Leverage Shares 2x Long AMD Daily ETF

Frequently Asked Questions About AMDG

What does AMDG invest in?

Bearing the ticker symbol AMDG, the Leverage Shares 2x Long AMD Daily ETF is specifically designed for active traders. This exchange-traded fund functions as a 'bull' instrument, aiming to provide two times (200%) the daily performance of Advanced Micro Devices (AMD) stock. Its purpose is to magnify short-term results for investors, prior to the deduction of its associated fees and expenses.

What is the expense ratio of AMDG?

Leverage Shares 2x Long AMD Daily ETF (AMDG) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

Is AMDG a good long-term hold?

AMDG is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does AMDG's daily reset work?

AMDG rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is AMDG?

Leverage Shares 2x Long AMD Daily ETF (AMDG) manages $24.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is AMDG actively managed or an index fund?

AMDG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.