Key stats
About Leverage Shares 2X Long VALE Daily ETF
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Inception date
Dec 18, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Capitalizes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Themes Management Co. LLC
Distributor
ALPS Distributors, Inc.
Identifiers
3
ISIN US88340F6960
VALG is designed for making bullish bets on the stock price of Vale S.A., through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to VALE's daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that should VALE's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if VALE's performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash85.51%
Mutual fund14.49%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
VALG assets under management is 627.01 K USD. It's risen 63.83% over the last month.
VALG fund flows account for 374.99 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, VALG doesn't pay dividends to its holders.
VALG shares are issued by ETP Holding Co. LLC under the brand Leverage Shares. The ETF was launched on Dec 18, 2025, and its management style is Active.
VALG expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
VALG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
VALG invests in cash.
VALG price has risen by 47.80% over the last month, and its yearly performance shows a 49.89% increase. See more dynamics on VALG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 48.56% over the last month, showed a 48.56% increase in three-month performance and has increased by 48.56% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 48.56% over the last month, showed a 48.56% increase in three-month performance and has increased by 48.56% in a year.
VALG trades at a premium (0.60%) meaning the ETF is trading at a higher price than the calculated NAV.