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Leverage Shares 2X Long SNAP Daily ETF (SNAG)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
8.11 USD -0.05 (-0.572%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 8.00 -0.11 (-0.113%) ⇩ (April 17, 2026, 6 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 11, 2026, 4:12 p.m. EDT

SNAG is a leveraged ETF designed to provide 2X daily exposure to SNAP, but its recent price movement shows a volatile and downward trend. The short-term forecast indicates a potential price drop of around 17%, which is concerning for short-term traders. The lack of dividend history and low open interest in options suggest that the stock is not a strong candidate for long-term investment or income generation. While there is some bullish sentiment in the near-term options, the overall market conditions and technical indicators suggest caution.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.744139
MSTL0.835649
AutoARIMA0.845835
AutoETS0.845837

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 42%
H-stat 1.57
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.79

As of April 11, 2026, 4:12 p.m. EDT: Options speculators are showing a mixed outlook. The near-term options (April 17) have significant in-the-money (ITM) positioning with a strike price of $5.00, indicating some bullish sentiment. However, the higher expiration dates (May 15, August 21, November 20) show limited activity, with the May 15 options having a strike price of $6.00 with top open interest, suggesting potential for a price increase. The overall IV levels are relatively low, which might indicate uncertainty or a lack of conviction among traders. The lack of put activity suggests limited bearish sentiment, but the low volume and open interest in most options could indicate a lack of significant directional bets.


Info Dump

Attribute Value
All Time High 20.8
All Time Low 3.41
Ask 10.25
Ask Size 2
Average Daily Volume10 Day 75,740
Average Daily Volume3 Month 62,388
Average Volume 62,388
Average Volume10Days 75,740
Beta3 Year 0.0
Bid 6.06
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 8.5
Day Low 7.92
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 5.85166
Fifty Day Average Change 2.2616405
Fifty Day Average Change Percent 0.38649556
Fifty Two Week Change Percent -47.326862
Fifty Two Week High 20.8
Fifty Two Week High Change -12.686699
Fifty Two Week High Change Percent -0.6099375
Fifty Two Week Low 3.41
Fifty Two Week Low Change 4.7033005
Fifty Two Week Low Change Percent 1.379267
Fifty Two Week Range 3.41 - 20.8
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 SNAP, consistent with the fund’s investment objective. The fund is non-diversified.
Long Name Leverage Shares 2X Long SNAP Daily ETF
Market us_market
Market State POST
Max Age 86,400
Message Board Id finmb_1969885129
Nav Price 8.102
Net Assets 2,882,596.0
Net Expense Ratio 0.75
Open 8.4
Post Market Change -0.11330032
Post Market Change Percent -1.3964764
Post Market Price 8.0
Post Market Time 1,776,463,218
Previous Close 8.16
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.046699524
Regular Market Change Percent -0.5722981
Regular Market Day High 8.5
Regular Market Day Low 7.92
Regular Market Day Range 7.92 - 8.5
Regular Market Open 8.4
Regular Market Previous Close 8.16
Regular Market Price 8.1133
Regular Market Time 1,776,456,000
Regular Market Volume 33,985
Short Name Leverage Shares 2x Long SNAP Da
Source Interval 15
Symbol SNAG
Total Assets 2,882,596
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -71.62075
Trailing Three Month Returns -71.62075
Triggerable 1
Two Hundred Day Average 9.6555805
Two Hundred Day Average Change -1.5422802
Two Hundred Day Average Change Percent -0.1597294
Type Disp ETF
Volume 33,985
Ytd Return -71.62075