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MCHGLeverage Shares 2X Long MCHP Daily ETF

Take a betNewRanked #896 of 949 in this goal

Seeks daily leveraged investment results of 200% of the daily percentage change in the price of MCHP common stock.

By Themes ETF Trust · Launched 2026

Annual Cost

0.99%

#5,127 of 5,861 · expensive

Fund Size

$0.6M

#5,709 of 5,861 · small

Return (1Y)Goal

N/A

Track Record

2 months

#5,678 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$6,820-31.8%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-53.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks daily leveraged investment results of 200% of the daily percentage change in the price of MCHP common stock.
Strategy
Actively managed ETF that invests at least 80% of net assets in the common stock of MCHP and financial instruments to achieve 200% daily leveraged exposure. Utilizes derivatives like swaps and options, with daily rebalancing to maintain exposure.
Inception date
June 15, 2026
Fund family
Themes ETF Trust

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

Most of these lose money

These funds amplify one stock's daily move, then reset every day. More than half of them have lost money outright, and the daily reset plus financing costs drag roughly 9.5% a year off the return. The longer you hold, the more that compounding works against you.

Sources: Bessembinder, 'Leveraged Single-Stock ETFs' (SSRN 2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-05