Leverage Shares 5x Long Magnificent 7 ETP

ISIN XS2779861249

TER
0.75% p.a.
Distribution policy
Accumulating
Replication
Synthetic
Fund size
EUR 67 m
Inception Date
26 March 2024
 

Overview

Description

The Leverage Shares 5x Long Magnificent 7 ETP seeks to track the Solactive Magnificent 7 Leverage (5x) index. The Solactive Magnificent 7 Leverage (5x) index tracks the five times leveraged performance of the Solactive Magnificent 7 index on a daily basis. The Solactive Magnificent 7 index tracks the performance of the Magnificent 7 stocks (Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla), which are equally weighted in the index.
 
The ETN's TER (total expense ratio) amounts to 0.75% p.a.. The ETN replicates the performance of the underlying index synthetically with a swap. The dividends in the ETN are accumulated and reinvested in the ETF.
 
The Leverage Shares 5x Long Magnificent 7 ETP is a small ETN with 67m Euro assets under management. The ETN was launched on 26 March 2024 and is domiciled in Ireland.
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Chart

Basics

Data

Index
Solactive Magnificent 7 Leverage (5x)
Investment focus
Equity, United States, Large Cap
Fund size
EUR 67 m
Total expense ratio
0.75% p.a.
Replication Synthetic (Swap-based)
Legal structure ETN
Strategy risk Leverage
Sustainability No
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in EUR)
151.95%
Inception/ Listing Date 26 March 2024
Distribution policy Accumulating
Distribution frequency -
Fund domicile Ireland
Fund Provider Leverage Shares
Germany Unknown
Switzerland Unknown
Austria Unknown
UK Unknown
Indextype -
Swap counterparty -
Collateral manager -
Securities lending No
Securities lending counterparty -

Similar ETNs

There are currently no ETNs tracking the same index or having an identical investment focus than the Leverage Shares 5x Long Magnificent 7 ETP.
How do you like our ETF profile? Here you'll find our Questionnaire.

Performance

Returns overview

YTD -27.88%
1 month -8.36%
3 months +31.23%
6 months +121.55%
1 year -26.74%
3 years -
5 years -
Since inception (MAX) +80.80%
2024 -
2023 -
2022 -
2021 -

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year 151.92%
Volatility 3 years -
Volatility 5 years -
Return per risk 1 year -0.18
Return per risk 3 years -
Return per risk 5 years -
Maximum drawdown 1 year -92.79%
Maximum drawdown 3 years -
Maximum drawdown 5 years -
Maximum drawdown since inception -92.79%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
Borsa Italiana EUR MAG7 -
-
-
-
-
London Stock Exchange GBX MAG5 -
-
-
-
-
XETRA EUR 5MAG -
-
-
-
-
gettex EUR MAG7 -
-
-
-
-
London Stock Exchange USD MAG7 -
-
-
-
-

Frequently asked questions

What is the name of -?

The name of - is Leverage Shares 5x Long Magnificent 7 ETP.

What is the ticker of Leverage Shares 5x Long Magnificent 7 ETP?

The primary ticker of Leverage Shares 5x Long Magnificent 7 ETP is -.

What is the ISIN of Leverage Shares 5x Long Magnificent 7 ETP?

The ISIN of Leverage Shares 5x Long Magnificent 7 ETP is XS2779861249.

What are the costs of Leverage Shares 5x Long Magnificent 7 ETP?

The total expense ratio (TER) of Leverage Shares 5x Long Magnificent 7 ETP amounts to 0.75% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

Is Leverage Shares 5x Long Magnificent 7 ETP paying dividends?

Leverage Shares 5x Long Magnificent 7 ETP is an accumulating ETF. This means that dividends are not distributed to investors. Instead, dividends are reinvested in the fund on the ex-date, which leads to an increase of the ETF's share price.

What's the fund size of Leverage Shares 5x Long Magnificent 7 ETP?

The fund size of Leverage Shares 5x Long Magnificent 7 ETP is 67m Euro. See the following article for more information about the size of ETFs.

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— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.