- What does GLWG invest in?
- The Leverage Shares 2X Long GLW Daily ETF, an exchange-traded fund launched by Themes ETF Trust and overseen by Themes Management Company LLC, primarily directs its investments into public stock markets. This fund targets corporations within the electronic equipment and instrumentation industries. Its portfolio is constructed using a mix of direct equity holdings and various derivatives, such as swaps and options. It seeks exposure to both growth-focused and value-oriented companies spanning a broad range of market capitalizations. This ETF is registered in the United States.
- What is the expense ratio of GLWG?
- Leverage Shares 2X Long GLW Daily ETF (GLWG) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.
- Is GLWG a good long-term hold?
- GLWG 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 GLWG's daily reset work?
- GLWG 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 GLWG?
- Leverage Shares 2X Long GLW Daily ETF (GLWG) manages $145.7M 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 GLWG actively managed or an index fund?
- GLWG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.