Financings
Leverage Shares by Themes Unveils Nine New 2X Single-Stock ETFs Tracking Key Players in the Technology Supply Chain
New leveraged ETF products expand retail and institutional access to key tech supply chain names.

Executive Summary
- Leverage Shares by Themes is launching nine new Cboe-listed 2X leveraged single-stock ETFs, with trading commencing June 23, 2026.
- The funds provide 200% daily leveraged exposure to underlying technology supply chain companies: CDNS, FORM, ENTG, FPS, ASTG, GFS, HPE, MTSI, and SMTC.
- Management fees range from 0.75% to 0.99%, depending on the underlying asset.
- The product launch targets active and retail traders seeking amplified exposure to critical sectors including electronic design automation, semiconductor manufacturing, networking infrastructure, enterprise computing, and advanced communications.
- Paul Marino, Chief Revenue Officer at Themes ETFs, framed the launch as a continuation of efforts to broaden opportunities for traders seeking amplified exposure to innovative technology companies.
Material Impact
- This is a product launch and ETF listing event, not an operational, financial, or strategic update for the underlying companies.
- For the underlying stocks, the listing increases liquidity, provides a new vehicle for leveraged trading, and may attract short-term retail and institutional flow. It does not alter revenue, margins, cash flow, or capital allocation for the operating companies.
- For Themes ETFs / Leverage Shares, the launch expands the product suite, creates a new fee-generating AUM base, and positions the provider to capture trading volume in a high-demand sector.
- Leveraged ETFs inherently carry volatility decay and daily reset mechanics, which typically attract short-term traders rather than long-term buy-and-hold investors. This limits the duration of capital inflows and makes AUM growth dependent on sustained market volatility and trading activity.
HPEL · Price
Company Overview
- Themes ETFs / Leverage Shares is an exchange-traded fund provider focused on thematic and leveraged investment products.
- The June 2026 launch targets the technology supply chain, a sector characterized by high growth, cyclical demand, and significant retail/institutional interest.
- By offering 2X daily leveraged exposure, the provider caters to active traders seeking amplified short-term returns, while charging premium management fees (0.75%–0.99%) relative to standard index ETFs.