Leverage Shares 2X Long GEV Daily ETF (GEVG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
28.39 USD
-0.57
(-1.975%) ⇩
(April 21, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | April 19, 2026, 12:01 a.m. EDT
Despite a strong price rally pushing the 2x leveraged ETF towards its highs, the data reveals a fragile foundation: a bearish options gamma exposure and zero dividend yield mean there is no income cushion in a downturn. With the forecasting model predicting a slight negative drift and high statistical uncertainty (low p-values in Ljung-Box), the technical outperformance is currently unwarranted by fundamentals, making this a high-risk momentum play rather than a long-term accumulation opportunity. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.405795 |
| AutoARIMA | 0.405851 |
| MSTL | 0.407354 |
| AutoTheta | 0.423879 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 4.11 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.038 |
| Excess Kurtosis | 0.28 |
As of April 19, 2026, 12:01 a.m. EDT: Options flow indicates a bearish hedge and cautious sentiment. Put OI is concentrated at lower strikes (18, 19, 20) with significant open interest (29, 15, 14), while call activity is sparse and limited to ATM/near-ATM strikes (28.00, 26.00) with very low volume. This asymmetric positioning suggests speculators are predominantly protecting against downside moves or expecting consolidation rather than a sustained rally. The 10-month expiration shows slightly more call volume but still negligible compared to underlying put defensive positions.
| Attribute | Value |
|---|---|
| All Time High | 29.65 |
| All Time Low | 12.07 |
| Ask | 28.54 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 46,870 |
| Average Daily Volume3 Month | 37,131 |
| Average Volume | 37,131 |
| Average Volume10Days | 46,870 |
| Beta3 Year | 0.0 |
| Bid | 28.24 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 29.65 |
| Day Low | 28.145 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 22.89702 |
| Fifty Day Average Change | 5.4959793 |
| Fifty Day Average Change Percent | 0.24003033 |
| Fifty Two Week Change Percent | 86.68552 |
| Fifty Two Week High | 29.65 |
| Fifty Two Week High Change | -1.257 |
| Fifty Two Week High Change Percent | -0.042394605 |
| Fifty Two Week Low | 12.07 |
| Fifty Two Week Low Change | 16.323 |
| Fifty Two Week Low Change Percent | 1.3523612 |
| Fifty Two Week Range | 12.07 - 29.65 |
| First Trade Date Milliseconds | 1,765,895,400,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,765,756,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-12-16 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of GEV, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Leverage Shares 2X Long GEV Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1969884841 |
| Nav Price | 28.4126 |
| Net Assets | 5,238,956.0 |
| Net Expense Ratio | 0.75 |
| Open | 28.84 |
| Pre Market Change | 0.5700016 |
| Pre Market Change Percent | 2.002113 |
| Pre Market Price | 29.04 |
| Pre Market Time | 1,776,849,488 |
| Previous Close | 28.965 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.5720005 |
| Regular Market Change Percent | -1.9747989 |
| Regular Market Day High | 29.65 |
| Regular Market Day Low | 28.145 |
| Regular Market Day Range | 28.145 - 29.65 |
| Regular Market Open | 28.84 |
| Regular Market Previous Close | 28.965 |
| Regular Market Price | 28.393 |
| Regular Market Time | 1,776,801,600 |
| Regular Market Volume | 58,273 |
| Short Name | Leverage Shares 2X Long GEV Dai |
| Source Interval | 15 |
| Symbol | GEVG |
| Total Assets | 5,238,956 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 65.29179 |
| Trailing Three Month Returns | 65.29179 |
| Triggerable | 1 |
| Two Hundred Day Average | 19.366825 |
| Two Hundred Day Average Change | 9.026175 |
| Two Hundred Day Average Change Percent | 0.4660637 |
| Type Disp | ETF |
| Volume | 58,273 |
| Ytd Return | 65.29179 |