MPG ETF — Holdings & Analysis

The Leverage Shares 2x Long MP Daily ETF (MPG) is a 2x leveraged ETF designed to provide twice the daily return of MP stock. This means that if MP stock increases by 1% on a given day, MPG aims to increase by 2%, before fees and expenses. Conversely, if MP stock decreases by 1%, MPG aims to decrease by 2%. It is crucial to understand that this leveraged strategy is designed for short-term trading and is not suitable for long-term investment due to the effects of compounding and daily resets. The fund's objective is to magnify short-term results for active traders.

The expense ratio for MPG is 0.75%. This means that for every $1000 invested in the fund, $7.50 is used to cover the fund's operating expenses annually. While there isn't a specific category average for 2x leveraged ETFs, this expense ratio is relatively high compared to broad market equity ETFs, which often have expense ratios below 0.20%. the may be worth researching impact of this expense ratio on their overall returns, especially in the context of short-term trading strategies.

As of 2026-03-15, the top holding in MPG is First American Treasury Obligs X (FXFXX), with a weighting of 16.80%. While the ETF holds 4 assets, the fund factsheet does not disclose the remaining holdings. The significant allocation to First American Treasury Obligs X suggests that the fund may use this holding for cash management or collateral purposes related to its leveraged strategy. Investors should consult the fund's most recent holdings data for a complete list of its positions.

MPG is generally not considered a suitable long-term investment due to its leveraged nature and daily reset mechanism. Leveraged ETFs are designed to magnify short-term returns, but the effects of compounding and daily resets can lead to significantly different outcomes than the underlying asset's cumulative performance over extended periods. Over the long term, these ETFs can experience significant value erosion, even if the underlying asset performs well. Investors seeking long-term growth should consider traditional, unleveraged ETFs with a diversified portfolio. Past performance does not guarantee future results.

MPG differentiates itself through its specific focus on delivering twice the daily performance of MP stock. Compared to other leveraged ETFs, MPG's expense ratio of 0.75% is relatively high. The fund's AUM is $0.00B, which is relatively small. Other leveraged ETFs may track different underlying assets, offer different multiples of leverage (e.g., 3x), or have different expense ratios. Investors should carefully compare the objectives, risks, and costs of different leveraged ETFs before making an investment decision. Past performance does not guarantee future results.

According to the provided data, MPG has a dividend yield of 0.00%. This indicates that the fund does not currently distribute any dividends to its shareholders. Investors seeking income-generating investments should consider other ETFs that focus on dividend-paying stocks or fixed-income securities. The lack of dividend payments is consistent with MPG's focus on short-term capital appreciation through leveraged exposure.