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Leverage Shares 2X Long SPOT Daily ETF (SPOG)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
6.81 USD +0.05 (0.665%) ⇧ (July 14, 2026, 11 a.m. EDT)

Short-term:★☆☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:19 a.m. EDT

This instrument is a leveraged daily ETF designed for short-term trading, making it unsuitable for long-term holding due to compounding drag and the inherent risk of decay in volatile markets. The recent price action shows a sharp recovery from mid-June lows, with the price surging past the 50-day moving average and approaching the 200-day average, which supports a cautious short-term bullish view. However, the statistical forecast model predicts a slight downside drift over the next 45 days, creating a tension between the technical bounce and the underlying momentum weakness. The options market confirms this speculative nature, with traders betting on a continued rally to the highs rather than a crash. Given the lack of dividends, the high leverage, and the conflicting signals between technical recovery and statistical forecasts, this remains a risky, short-term tactical play rather than a core investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.133239
MSTL_320.192808
MSTL0.208441
AutoETS0.215238
AutoARIMA0.215240

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 36%
H-stat 0.17
Ljung-Box p 0.000
Jarque-Bera p 0.069
Excess Kurtosis -1.15

As of July 11, 2026, 3:19 a.m. EDT: Speculators are positioning for a significant gap up, with heavy open interest in out-of-the-money calls at strikes 8.0 and 10.0 for the July expiration, suggesting a bullish bet on a rally toward the 52-week high. Conversely, put activity is negligible and concentrated deep in-the-money, indicating minimal hedging against a crash. Implied volatility is elevated for the near-term calls, reflecting uncertainty around a potential bounce.


Info Dump

Attribute Value
All Time High 15.27
All Time Low 5.26
Ask 8.49
Ask Size 2
Average Daily Volume10 Day 29,040
Average Daily Volume3 Month 99,219
Average Volume 99,219
Average Volume10Days 29,040
Beta3 Year 0.0
Bid 4.85
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 6.8121
Day Low 6.77
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 6.65112
Fifty Day Average Change 0.15887976
Fifty Day Average Change Percent 0.02388767
Fifty Two Week Change Percent -55.33917
Fifty Two Week High 15.27
Fifty Two Week High Change -8.460001
Fifty Two Week High Change Percent -0.55402756
Fifty Two Week Low 5.26
Fifty Two Week Low Change 1.5499997
Fifty Two Week Low Change Percent 0.29467675
Fifty Two Week Range 5.26 - 15.27
First Trade Date Milliseconds 1,763,389,800,000
Full Exchange Name NasdaqGM
Fund Family Themes ETF Trust
Fund Inception Date 1,763,078,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-11-17
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 SPOT, consistent with the fund’s investment objective. The fund is non-diversified.
Long Name Leverage Shares 2X Long SPOT Daily ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1960872445
Nav Price 6.7647
Net Assets 3,335,715.0
Net Expense Ratio 0.75
Open 6.77
Previous Close 6.765
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.045000076
Regular Market Change Percent 0.6651896
Regular Market Day High 6.8121
Regular Market Day Low 6.77
Regular Market Day Range 6.77 - 6.8121
Regular Market Open 6.77
Regular Market Previous Close 6.765
Regular Market Price 6.81
Regular Market Time 1,784,041,229
Regular Market Volume 2,690
Short Name Leverage Shares 2X Long SPOT Da
Source Interval 15
Symbol SPOG
Total Assets 3,335,715
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -18.35051
Trailing Three Month Returns -18.35051
Triggerable 1
Two Hundred Day Average 8.724105
Two Hundred Day Average Change -1.9141049
Two Hundred Day Average Change Percent -0.21940416
Type Disp ETF
Volume 2,690
Ytd Return -48.79649