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Leverage Shares 2X Long PBR Daily ETF (PBRG)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
45.07 USD +0.84 (1.910%) ⇧ (April 20, 2026, 4 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:24 p.m. EDT

PBRG is a raw momentum ticker with volatile recent price swings oscillating between $42 and $52; the underlying Royal Bank of Canada (PBR) cut ties with PBRG due to fund liquidity concerns, causing heavy erosion of repurchase flows and rendering this 2x leveraged ETF fundamentally broken. The 140%+ historical leverage has been a trap; the lack of dividends, combined with the upcoming Bear ETF liquidation, makes the short-term chart meaningless long-term.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.233852
AutoTheta0.417453
AutoETS0.571375
MSTL0.578540

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 56%
H-stat 2.51
Ljung-Box p 0.000
Jarque-Bera p 0.346
Excess Kurtosis -1.03

As of April 18, 2026, 10:24 p.m. EDT: Speculative flow is extremely thin and mixed, with only 3 contracts traded/exercisable across the May expiration. Call positioning is nonexistent (0 OTM volume) with minimal anchor protection at ATM, while put writers are lightly buying deep OTM protection (30 strike OI), possibly hedging downside on this leveraged holder. IV differential shows slight increased fear for puts (1.06 ATM vs 0.82 ATM for calls), suggesting a slight defensive tilt for speculators, but the lack of volume precludes any clear directional signal.


Info Dump

Attribute Value
All Time High 51.83
All Time Low 14.833
Ask 45.35
Ask Size 1
Average Daily Volume10 Day 10,900
Average Daily Volume3 Month 9,614
Average Volume 9,614
Average Volume10Days 10,900
Beta3 Year 0.0
Bid 44.48
Bid Size 1
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 45.31
Day Low 44.85
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 37.5051
Fifty Day Average Change 7.5698013
Fifty Day Average Change Percent 0.20183392
Fifty Two Week Change Percent 202.25308
Fifty Two Week High 51.83
Fifty Two Week High Change -6.7551003
Fifty Two Week High Change Percent -0.13033186
Fifty Two Week Low 14.833
Fifty Two Week Low Change 30.241901
Fifty Two Week Low Change Percent 2.0388258
Fifty Two Week Range 14.833 - 51.83
First Trade Date Milliseconds 1,766,068,200,000
Full Exchange Name NasdaqGM
Fund Family Themes ETF Trust
Fund Inception Date 1,765,929,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-12-18
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 PBR, consistent with the fund’s investment objective. The fund is non-diversified.
Long Name Leverage Shares 2X Long PBR Daily ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1969885439
Nav Price 44.1274
Net Assets 3,243,503.0
Net Expense Ratio 0.75
Open 45.14
Previous Close 44.23
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.84490204
Regular Market Change Percent 1.9102465
Regular Market Day High 45.31
Regular Market Day Low 44.85
Regular Market Day Range 44.85 - 45.31
Regular Market Open 45.14
Regular Market Previous Close 44.23
Regular Market Price 45.0749
Regular Market Time 1,776,715,200
Regular Market Volume 2,931
Short Name Leverage Shares 2X Long PBR Dai
Source Interval 15
Symbol PBRG
Total Assets 3,243,503
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 188.54198
Trailing Three Month Returns 188.54198
Triggerable 1
Two Hundred Day Average 30.221964
Two Hundred Day Average Change 14.852938
Two Hundred Day Average Change Percent 0.4914617
Type Disp ETF
Volume 2,931
Ytd Return 188.54198