Leverage Shares 2X Long COST Daily ETF

Frequently Asked Questions About COTG

What does COTG invest in?

The Fund seeks daily leveraged investment results and is very different from most other exchange-traded funds. The Fund invests at least 80% of its net assets in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of Costco Wholesale Corporation.

What is the expense ratio of COTG?

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

Is COTG a good long-term hold?

COTG 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 with 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 COTG's daily reset work?

COTG 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 COTG?

Leverage Shares 2X Long COST Daily ETF (COTG) manages $10.6M 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 COTG actively managed or an index fund?

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