DV
Dividend Vision

ONG — Leverage Shares 2X Long ON Daily ETF

Leverage Shares 2X Long ON Daily ETF (ONG)

ONG carries a 0.75% expense ratio. Total return is -67.4% over the past 0.2 years, 31.7 points behind ON at -35.7%.

This ETF seeks to deliver twice the daily percentage change of ON Semiconductor Corporation stock through leveraged exposure and financial derivatives, making it a tool for short-term trading rather than long-term investing. The fund carries a modest expense ratio and a small asset base. It does not distribute income, and appeals primarily to experienced traders seeking amplified daily equity exposure to the semiconductor sector.

ONG key facts

Issuer
Leverage Shares
Asset type
ETF
Asset class
Equity
Inception date
06/02/2026
Expense ratio
0.75%
Distribution frequency
None
Last close
$5.50
AUM
$948,891
Average volume
20500.0
P/E ratio
3.5459