- What does BOEG invest in?
- The fund is an actively managed ETF. The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of BA, consistent with the fund’s investment objective. The fund is non-diversified.
- What is the expense ratio of BOEG?
- Leverage Shares 2X Long BA Daily ETF (BOEG) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.
- Is BOEG a good long-term hold?
- BOEG 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 BOEG's daily reset work?
- BOEG 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 BOEG?
- Leverage Shares 2X Long BA Daily ETF (BOEG) manages $4.3M 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 BOEG actively managed or an index fund?
- BOEG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
