ORLG ETF — Holdings & Analysis

The Leverage Shares 2x Long ORLY Daily ETF (ORLG) is a leveraged exchange-traded fund designed to provide two times (200%) the daily performance of ORLY stock. It aims to magnify the daily gains of ORLY for active traders. ORLG is not designed for long-term investing due to the effects of compounding and the potential for significant losses in volatile markets. The fund rebalances daily to maintain its 2x leverage target, which can lead to performance divergence from the underlying asset over extended periods. The fund was launched in January 2026 and is managed by LeverageShares.

The expense ratio for ORLG is 0.75%. This means that for every $10,000 invested, $75 is deducted annually to cover the fund's operating expenses. While this is higher than some broad market ETFs, it is somewhat typical for leveraged ETFs due to the complexities and costs associated with maintaining the leveraged exposure. the may be worth researching expense ratio in conjunction with the potential returns and risks of the fund. It is important to note that the expense ratio can impact overall investment performance over time.

As of March 15, 2026, the top holding in ORLG is First American Treasury Obligs X (FXFXX), comprising 13.52% of the fund's assets. This holding likely serves as collateral for the leveraged positions the fund takes to achieve its 2x daily return target. While ORLG aims to track the performance of ORLY stock, it does not directly hold shares of that company. Instead, it uses financial instruments to replicate the desired leveraged exposure. The fund's holdings are subject to change, reflecting the dynamic nature of its investment strategy.

ORLG is generally not considered suitable for long-term investment. Its leveraged nature and daily rebalancing can lead to significant performance divergence from the underlying ORLY stock over extended periods. The effects of compounding can erode returns in volatile markets, and the potential for magnified losses is substantial. The fund's high expense ratio of 0.75% also detracts from long-term returns. ORLG is designed for active traders seeking short-term tactical exposure to ORLY, not for investors with a long-term investment horizon. Past performance does not guarantee future results.

ORLG distinguishes itself through its specific focus on providing 2x daily leveraged exposure to ORLY stock. Other leveraged ETFs may track different underlying assets, offer different multiples of leverage (e.g., 3x), or employ different investment strategies. The expense ratio of 0.75% is within the typical range for leveraged ETFs. ORLG's AUM is currently $0.00B, which may be lower than some of its more established competitors. Investors should compare ORLG's tracking accuracy, volatility, and liquidity to those of other leveraged ETFs before making an investment decision. Past performance does not guarantee future results.

According to the provided data, ORLG has a dividend yield of 0.00%. This indicates that the fund does not currently distribute any dividends to its shareholders. The fund's primary objective is to provide leveraged exposure to ORLY stock, rather than generating income. Investors seeking dividend income may want to consider alternative investments that prioritize dividend payouts. It's important to check the fund's official documentation for the most up-to-date information on dividend distributions.