AALG

Leverage Shares 2X Long AAL Daily ETF

$12.86

+0.00%

Market closed. Last update: 11:54 AM ET

📎 Investment Objective

The Leverage Shares 2X Long AAL Daily ETF seeks to provide 2x the daily return of the American Airlines Group Inc. (AAL) stock.

Overview

ETF tracking Leverage Shares 2X Long AAL Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-07-11

Market Cap N/A

Average Volume N/A

Dividend Yield N/A

52-Week Range $10.46 - $15.51

VWAP $12.98

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Leverage Shares 2X Long AAL Daily ETF seeks to provide 2x the daily return of the American Airlines Group Inc. (AAL) stock.

🎯 Investment Strategy

The ETF uses derivatives and leveraged instruments to amplify the daily performance of the underlying AAL stock. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 2x the daily performance of AAL stock
Utilizes derivatives and leverage to magnify returns
Resets exposure daily, not designed for long-term holding
Very small asset size and no performance history

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for large daily fluctuations and volatility
Unlikely to achieve the target 2x return over periods longer than one day
Lack of track record and very low assets under management

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors with a very short-term investment horizon who understand the risks of leveraged and volatile products. It is not recommended for long-term or buy-and-hold investors.