SSPCLeverage Shares 2X Short SPCX Daily ETF
Seeks daily investment results of -200% (minus two times) the daily price change of Space Exploration Technologies Corp. (SPCX) common stock.
By Themes ETF Trust · Launched 2026
Annual Cost
0.75%
#4,060 of 6,033 · expensive
Fund Size
$139M
#2,798 of 6,033 · mid-size
Return (1Y)
N/A
Track Record
3 months
#5,661 of 6,033 · young
Performance
Total-return NAV · USDGrowth of $10,000
$12,134+21.3%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Inverse
Holdings
By weightConcentration
single-stock exposure — holdings shown are derivatives collateral, not the fund's position
First American Treasury Obligs XFXFXX
16.7%
Asset allocation
Cash
309.6%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-61.9%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 investment results of -200% (minus two times) the daily price change of Space Exploration Technologies Corp. (SPCX) common stock.
- Strategy
- Actively managed ETF providing -200% daily inverse leveraged exposure to the common stock of Space Exploration Technologies Corp. (SPCX) via swap agreements and options (synthetic short forwards: long put + short call), plus limited direct holdings. The Adviser rebalances daily to maintain the -200% short exposure; returns over periods longer than one trading day diverge from -200% due to compounding. Concentrated in the industry to which SPCX is assigned.
- Inception date
- June 12, 2026
- Fund family
- Themes ETF Trust
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Data updated on 2026-09-16