OPEG ETF — Leverage Shares 2X Long OPEN Daily ETF

Leverage Shares 2X Long OPEN Daily ETF (OPEG)

Updated October 16, 2026.

OPEG is an ETF linked to Opendoor Technologies (OPEN). its expense ratio is 0.75%. Total return is -95.2% over the past 0.8 years, 25.2 points behind OPEN at -70.0%.

This ETF seeks to deliver twice the daily price movement of Opendoor Technologies (OPEN) through leveraged exposure, investing at least 80% of its assets in OPEN and related financial instruments. The fund does not distribute income to shareholders and carries an expense ratio of 0.75%. It appeals primarily to active traders seeking short-term leveraged exposure to this real estate technology company, rather than to income-focused investors.

OPEG performance versus OPEN

Price and return data through 2026-10-16.

Total return is -95.2% over the past 0.8 years, 25.2 points behind OPEN at -70.0%. Its deepest 1-year drawdown was 95.6%.

OPEG key facts

Issuer

Leverage Shares

Asset type

ETF

Asset class

Equity

Inception date

12/10/2025

Expense ratio

0.75%

Distribution frequency

None

Last close

$0.73 (as of 2026-10-16)

AUM

$1,202,476

Average volume

181050.0

Beta

4.923

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Leverage Shares; Index: Opendoor Technologies (OPEN); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

OPEG risks and drawbacks

Total return has trailed OPEN over the available window. The deepest 1-year drawdown on record here is 95.6%.

Who may consider OPEG — and who may not

It is a weaker fit for investors who need monthly cash flow (OPEG does not currently distribute); investors whose main goal is matching OPEN total return. This is educational context, not a recommendation to buy or sell.

More on OPEG

• All tickers starting with O

Tagged: Leverage.

Frequently asked questions

More securities from Leverage Shares.