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Leverage Shares 2X Long DUOL Daily ETF (DUOG)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
3.53 USD +0.29 (8.951%) ⇧ (April 20, 2026, 4 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 1:42 a.m. EDT

DUOG is a failed daily leverage ETF perpetuating a fatal discount vs NAV; the 2X cannot mathematically bridge the gap to par without massive volatility, rendering long-term holding mathemically impossible. Avoid the death spiral as the issuer will likely liquidate the fund rather than continue inequitable pricing.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.179337
MSTL0.179629
AutoETS0.181543
AutoTheta0.373460

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 80%
H-stat 0.89
Ljung-Box p 0.000
Jarque-Bera p 0.240
Excess Kurtosis -0.22

As of April 19, 2026, 1:42 a.m. EDT: Options flow is extremely thin and negative-balanced. Implied Volatility is near zero across all terms, indicating a lack of speculative interest. Notable flow includes new Call volume at OTM strikes (5.0 and 6.0 in July), but comparing this to massive existing Open Interest (OI) at strikes like 5.0 and 6.0 for Calls and prominent OI at 2.0 and 3.0 for Puts suggests a neutral-to-defensive positioning rather than aggressive directional swing betting. The positioning is insufficient to signal clear catalysts.


Info Dump

Attribute Value
All Time High 15.98
All Time Low 2.515
Ask 4.1
Ask Size 2
Average Daily Volume10 Day 508,090
Average Daily Volume3 Month 546,693
Average Volume 546,693
Average Volume10Days 508,090
Beta3 Year 0.0
Bid 2.52
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 3.53
Day Low 3.21
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.5671
Fifty Day Average Change -0.037100077
Fifty Day Average Change Percent -0.010400627
Fifty Two Week Change Percent -77.299034
Fifty Two Week High 15.98
Fifty Two Week High Change -12.45
Fifty Two Week High Change Percent -0.77909887
Fifty Two Week Low 2.515
Fifty Two Week Low Change 1.0149999
Fifty Two Week Low Change Percent 0.40357846
Fifty Two Week Range 2.515 - 15.98
First Trade Date Milliseconds 1,765,463,400,000
Full Exchange Name NasdaqGM
Fund Family Themes ETF Trust
Fund Inception Date 1,765,324,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-12-11
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed ETF. The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of DUOL, consistent with the fund’s investment objective. The fund is non-diversified.
Long Name Leverage Shares 2X Long DUOL Daily ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1969885441
Nav Price 3.5191
Net Assets 7,966,238.0
Net Expense Ratio 0.75
Open 3.265
Pre Market Change 0.059999943
Pre Market Change Percent 1.6997151
Pre Market Price 3.59
Pre Market Time 1,776,771,443
Previous Close 3.24
Price Hint 4
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.29
Regular Market Change Percent 8.95062
Regular Market Day High 3.53
Regular Market Day Low 3.21
Regular Market Day Range 3.21 - 3.53
Regular Market Open 3.265
Regular Market Previous Close 3.24
Regular Market Price 3.53
Regular Market Time 1,776,715,201
Regular Market Volume 302,124
Short Name Leverage Shares 2X Long DUOL Da
Source Interval 15
Symbol DUOG
Total Assets 7,966,238
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -72.65486
Trailing Three Month Returns -72.65486
Triggerable 1
Two Hundred Day Average 6.4851704
Two Hundred Day Average Change -2.9551704
Two Hundred Day Average Change Percent -0.45568123
Type Disp ETF
Volume 302,124
Ytd Return -72.65486