ONG Leverage Shares 2X Long ON Daily ETF
Quote as of Oct 09, 2026 19:59 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 4.74 | Day Range | 4.32 – 4.95 |
| 52-Week Range | 3.37 – 18.42 | Volume | 70.72K |
| Avg Volume | 50.84K | AUM | $1.4M (Oct 10, 2026) |
| Expense Ratio | 0.75% | Yield (TTM) | — |
| NAV | 4.75 | Premium/Discount | -4.84% indicative |
| Inception | Jun 02, 2026 | Holdings | 3 |
| Issuer | LeverageShares | Exchange | CBOE |
| Category | Semiconductors | Index Tracked | Not stated in source data |
| CUSIP | 88340W350 | ISIN | US88340W3503 |
| Structure | Leveraged 2x | ||
| Management | Not stated in source data | ||
About this ETF
ONG is designed to make bullish bets on the stock price of ON Semiconductor Corporation (Nasdaq: ON) through derivatives investments such as swap agreements. ON develops and manufactures semiconductor components and integrated solutions designed to improve energy efficiency, electrification, safety, and automation across multiple industries. Its products include power management devices, analog components, sensors, and connectivity solutions. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to adjust to ON's daily price movements. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. Note that if ON's value declines by more than 50% relative to the fund, investors could face a total loss. The fund could potentially lose money over time, even if ON's performance strengthens.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +14.14% | -41.60% | — | — | — | — | — | — | -73.24% |
| Total return | +14.14% | -41.60% | — | — | — | — | — | — | -73.24% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.75% | Annual cost of a $10,000 investment | $75.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 4 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | ON SEMICONDUCTOR CORPORATION-SWAP-MREX-L | — | 110.10% | 8.80K | $653.0K |
| 2 | ON SEMICONDUCTOR CORPORATION-SWAP-CLST-L | — | 89.90% | 7.19K | $533.3K |
| 3 | First American Treasury Obligations Fund… | — | 7.26% | 43.07K | $43.1K |
| 4 | Cash & Other | — | -107.26% | -636.23K | -$636.2K |
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Sector Exposure
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund; it may not pay them, or history has not loaded yet.
Risk Statistics
Liquidity
| Volume today | 70.72K | Average volume | 50.84K |
| AUM | $1.4M | Premium/Discount | -4.84% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$110.2K | -7.41% | $1.5M → $1.4M |
| 1 Month | $682.0K | +114.24% | $597.0K → $1.4M |
| 1 Week | $206.2K | +14.60% | $1.4M → $1.4M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for ONG
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.