Leverage Shares 2X Long SNAP Daily ETF (SNAG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
4.39 USD
-0.06
(-1.267%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 4.37 +0.00 (0.014%) ⇧ (July 13, 2026, 4:13 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:41 a.m. EDT
This instrument is a leveraged daily ETF designed for short-term trading, making it fundamentally unsuited for long-term holding due to compounding drag and volatility decay. The price history confirms this structural weakness: despite a recent bounce, the asset is trading nearly 40% below its 50-day average and almost 50% below its 200-day average, reflecting a persistent downtrend. The statistical forecast model offers zero directional guidance, which aligns with the reality that leveraged products often drift sideways or down over extended periods without a catalyst. With no dividend income to offset potential losses and no meaningful options flow to signal a speculative turnaround, the outlook remains bearish for both immediate and extended horizons. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.193561 |
| AutoARIMA | 0.193565 |
| AutoTheta | 0.235352 |
| MSTL_28 | 0.295961 |
| MSTL | 0.332374 |
Forecast horizon: 60 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 22% |
| H-stat | 14.94 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.024 |
| Excess Kurtosis | -0.99 |
As of July 11, 2026, 5:41 a.m. EDT: Options activity is negligible across all expirations. Implied volatility is extremely low (under 13%), indicating a lack of speculative interest or fear. Open interest is minimal, with no significant positioning at strikes far from the current price, suggesting traders are largely indifferent to near-term directional moves.
| Attribute | Value |
|---|---|
| All Time High | 20.8 |
| All Time Low | 3.41 |
| Ask | 5.59 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 45,310 |
| Average Daily Volume3 Month | 67,406 |
| Average Volume | 67,406 |
| Average Volume10Days | 45,310 |
| Beta3 Year | 0.0 |
| Bid | 3.3 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 4.56 |
| Day Low | 4.35 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.2328 |
| Fifty Day Average Change | -1.8392 |
| Fifty Day Average Change Percent | -0.2950841 |
| Fifty Two Week Change Percent | -71.19742 |
| Fifty Two Week High | 20.8 |
| Fifty Two Week High Change | -16.406399 |
| Fifty Two Week High Change Percent | -0.7887692 |
| Fifty Two Week Low | 3.41 |
| Fifty Two Week Low Change | 0.9835999 |
| Fifty Two Week Low Change Percent | 0.2884457 |
| 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 | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1969885129 |
| Nav Price | 4.4619 |
| Net Assets | 1,908,676.0 |
| Net Expense Ratio | 0.75 |
| Open | 4.5 |
| Post Market Change | 0.000600338 |
| Post Market Change Percent | 0.013737712 |
| Post Market Price | 4.3706 |
| Post Market Time | 1,783,973,639 |
| Previous Close | 4.45 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.056399822 |
| Regular Market Change Percent | -1.2674117 |
| Regular Market Day High | 4.56 |
| Regular Market Day Low | 4.35 |
| Regular Market Day Range | 4.35 - 4.56 |
| Regular Market Open | 4.5 |
| Regular Market Previous Close | 4.45 |
| Regular Market Price | 4.3936 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 23,397 |
| Short Name | Leverage Shares 2x Long SNAP Da |
| Source Interval | 15 |
| Symbol | SNAG |
| Total Assets | 1,908,676 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -17.75554 |
| Trailing Three Month Returns | -17.75554 |
| Triggerable | 1 |
| Two Hundred Day Average | 8.30564 |
| Two Hundred Day Average Change | -3.9120402 |
| Two Hundred Day Average Change Percent | -0.4710101 |
| Type Disp | ETF |
| Volume | 23,397 |
| Ytd Return | -76.65964 |