Leverage Shares 2X Long GEV Daily ETF (GEVG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
28.43 USD
-2.74
(-8.786%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 29.03 +0.60 (2.105%) ⇧ (July 13, 2026, 5:51 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 3:39 a.m. EDT
This instrument presents a classic case of a leveraged ETF with no underlying business to evaluate. As a 2x daily fund tracking the GEV index, it suffers from severe compounding drag; the lack of any annual price anchors or trajectory data confirms it is either newly listed or has been delisted/reset, rendering any 'long-term' fundamental analysis impossible. The recent price action shows violent volatility, swinging from $28 to $36 in a week, which is typical for leveraged products but dangerous for holding positions. The options market is screaming caution, with traders buying deep protection rather than betting on a rally. Without a stable underlying asset or a multi-year track record to prove resilience, this security cannot be rated as a buy. It is purely a speculative vehicle for short-term trading, not investment. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.109407 |
| MSTL_20 | 0.112049 |
| AutoETS | 0.117646 |
| AutoARIMA | 0.117646 |
| AutoTheta | 0.173946 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 0.89 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.171 |
| Excess Kurtosis | -0.24 |
As of July 11, 2026, 3:39 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest in out-of-the-money puts (over 126 contracts at the nearest expiry versus only 7 in-the-money calls). While there is some new call flow at higher strikes ($35-$41), the overwhelming volume and open interest concentration in puts suggests a bearish bias or a hedging strategy against further declines. Implied volatility is elevated for puts relative to calls, indicating fear of a drop.
| Attribute | Value |
|---|---|
| All Time High | 39.74 |
| All Time Low | 12.07 |
| Ask | 36.3 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 50,360 |
| Average Daily Volume3 Month | 73,622 |
| Average Volume | 73,622 |
| Average Volume10Days | 50,360 |
| Beta3 Year | 0.0 |
| Bid | 22.07 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 30.56 |
| Day Low | 28.39 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 29.7328 |
| Fifty Day Average Change | -1.301199 |
| Fifty Day Average Change Percent | -0.043763082 |
| Fifty Two Week Change Percent | 105.09567 |
| Fifty Two Week High | 39.74 |
| Fifty Two Week High Change | -11.308401 |
| Fifty Two Week High Change Percent | -0.28455967 |
| Fifty Two Week Low | 12.07 |
| Fifty Two Week Low Change | 16.3616 |
| Fifty Two Week Low Change Percent | 1.3555593 |
| Fifty Two Week Range | 12.07 - 39.74 |
| 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 | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1969884841 |
| Nav Price | 30.3304 |
| Net Assets | 20,483,768.0 |
| Net Expense Ratio | 0.75 |
| Open | 30.4 |
| Post Market Change | 0.5984001 |
| Post Market Change Percent | 2.1047008 |
| Post Market Price | 29.03 |
| Post Market Time | 1,783,979,488 |
| Previous Close | 31.1701 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.7384987 |
| Regular Market Change Percent | -8.785659 |
| Regular Market Day High | 30.56 |
| Regular Market Day Low | 28.39 |
| Regular Market Day Range | 28.39 - 30.56 |
| Regular Market Open | 30.4 |
| Regular Market Previous Close | 31.1701 |
| Regular Market Price | 28.4316 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 35,958 |
| Short Name | Leverage Shares 2X Long GEV Dai |
| Source Interval | 15 |
| Symbol | GEVG |
| Total Assets | 20,483,768 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 64.07636 |
| Trailing Three Month Returns | 64.07636 |
| Triggerable | 1 |
| Two Hundred Day Average | 23.635447 |
| Two Hundred Day Average Change | 4.796154 |
| Two Hundred Day Average Change Percent | 0.20292208 |
| Type Disp | ETF |
| Volume | 35,958 |
| Ytd Return | 171.20476 |