BEG Leverage Shares 2X Long BE Daily ETF

About this ETF

Leverage Shares 2X Long BE Daily ETF is an exchange-traded fund designed to provide 200% leveraged daily exposure to the performance of Bloom Energy Corporation's common stock. Launched on December 16, 2025, as part of the Themes ETF Trust and managed by Themes Management Company LLC, this ETF magnifies the daily returns of the underlying security (NYSE: BE), a company focused on solid oxide fuel cell technology for clean energy solutions. Its primary function enables investors to achieve amplified participation in Bloom Energy's single-stock movements within a liquid ETF structure that trades like a stock, with shares created and redeemed in large blocks by authorized participants. Key features include a total expense ratio of 0.75%, a single holding concentrated in the underlying stock and related derivatives like swaps, no margin call risks, and losses capped at the invested amount. The fund employs leverage through financial instruments to target 2x daily performance before fees, making it suitable for short-term trading strategies tied to the clean energy sector's volatility. With a limited operating history, it carries heightened risks such as compounding effects over multiple days, derivatives exposure, and sector-specific challenges in energy markets. This ETF plays a niche role in offering precise, high-conviction leveraged access to individual equity performance amid growing interest in sustainable technologies.