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Leverage Shares 2x Long FIG Daily ETF (FIGG)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
30.16 USD -3.84 (-11.300%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 30.21 +0.05 (0.172%) ⇧ (Aug. 28, 2026, 7:46 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:16 a.m. EDT

This leveraged ETF is currently trapped in a severe structural decline, evidenced by a fifty-two-week range collapsing from $326.80 to $12.40, with the asset trading near its absolute floor. The recent price action shows violent volatility, swinging from $31.23 down to $20.76 within a week, characteristic of leveraged products suffering from compounding decay during a downtrend. The short-term outlook remains bearish due to this persistent downward drift and the heavy put positioning by traders who anticipate further drops. There is no dividend income to offset the drag, and the statistical forecasting model offers no reliable directional signal amidst the noise. For a leveraged instrument, the combination of a massive long-term drawdown and a lack of fundamental recovery signals makes it a poor candidate for capital preservation or aggressive momentum plays at these levels.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.219016
AutoTheta0.320871
MSTL0.322196
AutoARIMA0.333749

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 33%
H-stat 0.21
Ljung-Box p 0.000
Jarque-Bera p 0.755
Excess Kurtosis -0.54

As of Aug. 22, 2026, 3:16 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest dominates across all expirations, with significant concentration in strikes well below the current price (e.g., $10-$19 range for December expiration), suggesting a fear of a sharp decline. Call activity is minimal and heavily skewed toward deep out-of-the-money strikes, indicating a lack of conviction in a near-term rally.


Info Dump

Attribute Value
All Time High 326.8
All Time Low 12.4
Ask 37.79
Ask Size 2
Average Daily Volume10 Day 86,740
Average Daily Volume3 Month 194,660
Average Volume 194,660
Average Volume10Days 86,740
Beta3 Year 0.0
Bid 22.92
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 34.55
Day Low 30.145
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 22.15812
Fifty Day Average Change 7.999981
Fifty Day Average Change Percent 0.36104062
Fifty Two Week Change Percent -88.75289
Fifty Two Week High 326.8
Fifty Two Week High Change -296.64188
Fifty Two Week High Change Percent -0.90771693
Fifty Two Week Low 12.4
Fifty Two Week Low Change 17.7581
Fifty Two Week Low Change Percent 1.432105
Fifty Two Week Range 12.4 - 326.8
First Trade Date Milliseconds 1,760,448,600,000
Full Exchange Name NasdaqGM
Fullday Change -3.8419
Fullday Change Percent -11.2997
Fullday Price 30.21
Fund Family Themes ETF Trust
Fund Inception Date 1,760,313,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-10-14
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 in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of FIG, consistent with the fund’s investment objective. The fund manager will attempt to achieve its investment objective without regard to overall market movement or the increase or decrease in the value of FIG. The fund is non-diversified.
Long Name Leverage Shares 2x Long FIG Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1956249973
Nav Price 34.1391
Net Assets 16,151,191.0
Net Expense Ratio 0.75
Open 33.545
Post Market Change 0.051898956
Post Market Change Percent 0.1720896
Post Market Price 30.21
Post Market Time 1,787,960,816
Previous Close 34.0
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -3.8418999
Regular Market Change Percent -11.2997055
Regular Market Day High 34.55
Regular Market Day Low 30.145
Regular Market Day Range 30.145 - 34.55
Regular Market Open 33.545
Regular Market Previous Close 34.0
Regular Market Price 30.1581
Regular Market Time 1,787,947,200
Regular Market Volume 37,786
Short Name Leverage Shares 2x Long FIG Dai
Source Interval 15
Symbol FIGG
Total Assets 16,151,191
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 50.30467
Trailing Three Month Returns 50.30467
Triggerable 1
Two Hundred Day Average 41.986366
Two Hundred Day Average Change -11.828266
Two Hundred Day Average Change Percent -0.28171682
Type Disp ETF
Volume 37,786
Ytd Return -74.10483