What is the ISIN of Leverage Shares 3x Long IONQ ETP?

The ISIN of Leverage Shares 3x Long IONQ ETP is XS2779862056.

What does leveraged daily exposure mean for Leverage Shares 3x Long IONQ ETP?

Leverage Shares 3x Long IONQ ETP aims to deliver 3 times the daily return of IONQ (long). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.

What is volatility decay and how does it affect Leverage Shares 3x Long IONQ ETP?

Volatility decay (also called compounding drag) occurs because Leverage Shares 3x Long IONQ ETP rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 3X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

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Leverage Shares 3x Long IONQ ETP (IONQ.L) Price

Leverage Shares 3x Long IONQ ETP Price

— EUR

TER4.78 %

AUM27.11 M USD

IndexSolactive 3x Long IONQ Index - Benchmark TR Net

CurrencyUSD

Funds Launch3/26/2024

Leverage Shares 3x Long IONQ ETP Price

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Underlying

IONQ

IONQ3X Long Daily

IONQ

Leverage Shares 3x Long IONQ ETP provides 3X daily exposure to IONQ.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 3X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 3X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.