Key stats
Fund info
Home page
Inception date
Nov 17, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Capitalizes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Themes Management Co. LLC
Distributor
ALPS Distributors, Inc.
ISIN
US88340C8266
CUSIP
88340C826
FIGI
BBG01YJLP9W5
Identifiers
ISIN US88340C8266
NETG is designed to make bullish bets on the stock price of Cloudflare, Inc. (NYSE: NET) through swap agreements. 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 make adjustments in response to NET's daily price movements. Depending on market conditions and operational constraints, the fund may also utilize a synthetic forward options strategy. As a geared product, the fund is intended as a short-term tactical tool rather than a long-term investment vehicle. As a result, returns may deviate from the expected 2x multiplier if held for longer than a single day due to compounding. This high-risk strategy does not include a defensive position as part of its overall process. Should NET's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time even if NET's performance strengthens.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Cash
Stocks80.78%
Technology Services80.78%
Bonds, Cash & Other19.22%
Cash17.90%
Mutual fund1.32%
Breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
NETG assets under management is 14.10 M USD. It's risen 23.02% over the last month.
NETG fund flows account for 1.15 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, NETG doesn't pay dividends to its holders.
NETG shares are issued by ETP Holding Co. LLC under the brand Leverage Shares. The ETF was launched on Nov 17, 2025, and its management style is Active.
NETG expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
NETG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NETG invests in stocks.
NETG price has risen by 42.15% over the last month, and its yearly performance shows a 58.28% increase. See more dynamics on NETG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 39.33% over the last month, showed a 39.93% increase in three-month performance and has increased by 81.15% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 39.33% over the last month, showed a 39.93% increase in three-month performance and has increased by 81.15% in a year.
NETG trades at a premium (0.32%) meaning the ETF is trading at a higher price than the calculated NAV.