Leverage Shares 2X Long MP Daily ETF (MPG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
5.34 USD
-0.58
(-9.785%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 5.41 +0.07 (1.298%) ⇧ (Aug. 28, 2026, 6:57 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:45 a.m. EDT
This instrument is a leveraged daily ETF designed for short-term trading, making it fundamentally unsuitable for long-term holding due to compounding decay risks inherent in such structures. The recent price action shows a sharp recovery from the $2.57 low, climbing back above $6, yet the underlying asset class remains highly volatile and speculative. While the short-term momentum is technically positive given the bounce from lows, the lack of any meaningful price history prevents a confident long-term assessment, leaving the rating neutral. Crucially, there is no dividend income to offset the high volatility or potential drawdowns. Options data confirms a defensive stance, with traders buying protection rather than betting on a continued rally. For investors seeking exposure to the underlying sector, this leveraged vehicle introduces excessive risk; a standard long ETF would be a far superior choice for any duration beyond a few days. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.232898 |
| AutoARIMA | 0.244774 |
| AutoETS | 0.246380 |
| MSTL | 0.261524 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 0.11 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.152 |
| Excess Kurtosis | -0.67 |
As of Aug. 22, 2026, 2:45 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts relative to calls, particularly at strikes significantly below the current price. The dominance of put volume and open interest suggests a bearish bias or hedging against further downside, while call activity remains sparse and concentrated near the money.
| Attribute | Value |
|---|---|
| All Time High | 13.56 |
| All Time Low | 2.57 |
| Ask | 5.03 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 248,690 |
| Average Daily Volume3 Month | 236,525 |
| Average Volume | 236,525 |
| Average Volume10Days | 248,690 |
| Beta3 Year | 0.0 |
| Bid | 3.0 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 5.99 |
| Day Low | 5.2591 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.90528 |
| Fifty Day Average Change | 0.43542004 |
| Fifty Day Average Change Percent | 0.088765584 |
| Fifty Two Week Change Percent | -58.286476 |
| Fifty Two Week High | 13.56 |
| Fifty Two Week High Change | -8.2193 |
| Fifty Two Week High Change Percent | -0.60614306 |
| Fifty Two Week Low | 2.57 |
| Fifty Two Week Low Change | 2.7707002 |
| Fifty Two Week Low Change Percent | 1.0780935 |
| Fifty Two Week Range | 2.57 - 13.56 |
| First Trade Date Milliseconds | 1,761,571,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.5999999 |
| Fullday Change Percent | -10.135134 |
| Fullday Price | 5.41 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,761,264,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-10-27 |
| 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 the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of MP, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Leverage Shares 2X Long MP Daily ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1959745977 |
| Nav Price | 5.9233 |
| Net Assets | 2,968,963.0 |
| Net Expense Ratio | 0.76 |
| Open | 5.99 |
| Post Market Change | 0.0692997 |
| Post Market Change Percent | 1.297577 |
| Post Market Price | 5.41 |
| Post Market Time | 1,787,957,858 |
| Previous Close | 5.92 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.5792999 |
| Regular Market Change Percent | -9.785472 |
| Regular Market Day High | 5.99 |
| Regular Market Day Low | 5.2591 |
| Regular Market Day Range | 5.2591 - 5.99 |
| Regular Market Open | 5.99 |
| Regular Market Previous Close | 5.92 |
| Regular Market Price | 5.3407 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 274,091 |
| Short Name | Leverage Shares 2X Long MP Dail |
| Source Interval | 15 |
| Symbol | MPG |
| Total Assets | 2,968,963 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -66.35583 |
| Trailing Three Month Returns | -66.35583 |
| Triggerable | 1 |
| Two Hundred Day Average | 7.54131 |
| Two Hundred Day Average Change | -2.2006097 |
| Two Hundred Day Average Change Percent | -0.29180735 |
| Type Disp | ETF |
| Volume | 274,091 |
| Ytd Return | -54.52631 |