FCXG Leverage Shares 2x Long FCX Daily ETF

About this ETF

Leverage Shares 2x Long FCX Daily ETF is an actively managed exchange-traded fund designed to provide 2x leveraged daily exposure to the performance of Freeport-McMoRan Inc. stock. Launched on February 19, 2026, this bull ETF aims to deliver 200% of the underlying stock's daily return, minus fees and expenses, making it a tool for active traders seeking amplified short-term results in the commodities sector, particularly copper mining. Key features include a total expense ratio of 0.75%, which is lower than the category average, daily rebalancing, and holdings primarily consisting of swaps on Freeport-McMoRan and treasury obligations for collateral. With no risk of margin calls and losses capped to the invested amount, it trades like a stock during market hours. The fund's structure introduces effects from compounding and volatility, causing performance to diverge from 2x the underlying over periods longer than one day, even if Freeport-McMoRan rises. It holds significant market relevance for those tracking global growth themes like energy transition and infrastructure, where copper demand plays a pivotal role, but requires frequent monitoring due to heightened risks.