MPG ETF — Holdings & Analysis

The Leverage Shares 2x Long MP Daily ETF (MPG) is a leveraged equity ETF with $0.00B in assets under management.

Launched in October 2025, MPG aims to deliver twice the daily performance of MP stock, making it a high-risk, short-term trading instrument. Its expense ratio is 0.75%, and it holds a concentrated portfolio of just 4 holdings, with significant exposure to 'Other' countries. Past performance does not guarantee future results.

Leverage Shares 2x Long MP Daily ETF (MPG) ETF — Price, Holdings & Analysis

The Leverage Shares 2x Long MP Daily ETF (MPG) is a leveraged equity ETF with $0.00B in assets under management. Launched in October 2025, MPG aims to deliver twice the daily performance of MP stock, making it a high-risk, short-term trading instrument. Its expense ratio is 0.75%, and it holds a concentrated portfolio of just 4 holdings, with significant exposure to 'Other' countries. Past performance does not guarantee future results.

ETF Overview

The Leverage Shares 2x Long MP Daily ETF (MPG) is a 2x Daily Leveraged (Bull) ETF designed for active traders seeking to magnify short-term results. The MPG ETF aims to achieve two times (200%) the daily performance of MP stock, minus fees and expenses.

The Leverage Shares 2x Long MP Daily ETF (MPG) is designed for active traders seeking amplified daily returns based on the performance of MP stock. As a 2x leveraged ETF, MPG attempts to deliver two times the daily percentage change in the value of its underlying asset. This strategy is not intended for long-term investors, as the effects of compounding and daily resets can lead to significantly different outcomes than the underlying asset's cumulative performance over extended periods. The fund's concentrated portfolio consists of only 4 holdings, with a significant portion (16.80%) allocated to First American Treasury Obligs X (FXFXX). The fund's country exposure is entirely in 'Other' countries, indicating a non-US focus. Given its leveraged nature and concentrated holdings, MPG is best suited for sophisticated investors with a high-risk tolerance and a short-term investment horizon. Past performance does not guarantee future results.

Risk Metrics

MPG carries a high level of risk due to its 2x leveraged strategy, which can magnify both gains and losses. The fund's 0.75% expense ratio can create a drag on returns, especially if the underlying asset does not perform as anticipated. The fund's beta is 0.00, indicating that it is not correlated with the market. The ETF's concentrated portfolio of just 4 holdings exposes investors to significant concentration risk, as the performance of a few assets will heavily influence the fund's overall return. The fund's country exposure is entirely in 'Other' countries, which may introduce additional geopolitical and currency risks. Investors should carefully consider their risk tolerance and investment objectives before investing in MPG. Past performance does not guarantee future results.

Expense Ratio

0.75%

What does MPG hold?

Holding	Weight
First American Treasury Obligs X (FXFXX)	16.80%

How Is the Fund Allocated?

Country	Weight
Other	100.0%

Dividend Yield

0.00%

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State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
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State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Leverage Shares 2x Long ORLY Daily ETF (ORLG) (Equity) — 0.75% expense ratio
Leverage Shares 2x Long CRWV Daily ETF (CRWG) (Equity) — 0.75% expense ratio
Leverage Shares 2X Long NU Daily ETF (NUG) (Equity) — 0.75% expense ratio
Leverage Shares 2x Long SBUX Daily ETF (SBU) (Equity) — 0.75% expense ratio
Leverage Shares 2x Long GRAB Daily ETF (GRAG) (Equity) — 0.75% expense ratio
Leverage Shares 2x Long XPEV Daily ETF (XPEG) (Equity) — 0.75% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is MPG and what does it track?

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%.

What is the expense ratio for MPG?

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%.

What are the top holdings in MPG?

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.

Is MPG a good long-term investment?

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.

How does MPG compare to similar ETFs?

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.

Does MPG pay dividends?

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.