The annual fee that you pay to the fund company for managing your investment. The lower the expense ratio, the better. This is not an investment recommendation.
ALBG is designed for making bullish bets on the stock price of Albemarle Corporation, through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to ALB's daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that should ALB's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if ALB's performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
What is Leverage Shares 2X Long ALB Daily stock price today?▼
The current price of ALBG is $3.37 USD — it has decreased by -2.63% in the past 24 hours. Watch Leverage Shares 2X Long ALB Daily stock price performance more closely on the chart.
What is Leverage Shares 2X Long ALB Daily stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on XNAS exchange Leverage Shares 2X Long ALB Daily stocks are traded under the ticker ALBG.
Does Leverage Shares 2X Long ALB Daily pay dividends?▼
Yes, ALBG dividends are paid en. The last dividend per share was 3.37 . As of today, Dividend Yield (FWD)% is 0%.
In which sector is Leverage Shares 2X Long ALB Daily located?▼
Leverage Shares 2X Long ALB Daily operates in the Finance & Payments sector.
When did Leverage Shares 2X Long ALB Daily complete a stock split?▼
Leverage Shares 2X Long ALB Daily has not had any recent stock splits.
Where is Leverage Shares 2X Long ALB Daily headquartered?▼
Leverage Shares 2X Long ALB Daily is headquartered in Greenwich, United States.