- What does ASMG invest in?
- The Leverage Shares 2x Long ASML Daily ETF, identified by the ticker ASMG, is a specialized financial instrument that provides amplified exposure to the daily price fluctuations of ASML stock. This daily double-leveraged (bullish) ETF is specifically tailored for active investors who aim to maximize their short-term returns. Its fundamental goal is to deliver two hundred percent (200%) of ASML's daily performance, before accounting for any associated operational costs or fees.
- What is the expense ratio of ASMG?
- Leverage Shares 2x Long ASML Daily ETF (ASMG) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.
- Is ASMG a good long-term hold?
- ASMG 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 ASMG's daily reset work?
- ASMG 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 ASMG?
- Leverage Shares 2x Long ASML Daily ETF (ASMG) manages $35.2M 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 ASMG actively managed or an index fund?
- ASMG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
