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Dividend Vision

PYPG — Leverage Shares 2X Long PYPL Daily ETF

Leverage Shares 2X Long PYPL Daily ETF (PYPG)

PYPG pays a 0.00% distribution rate, on a 0.77% expense ratio. Total return is -25.5% over the past 1.4 years, 32.1 points behind PYPL at 6.6%. Its deepest 1-year drawdown was 77.1%.

PYPG is a leveraged equity ETF that tracks a 2x daily long strategy on PayPal Holdings, amplifying price movements of the underlying stock through the use of financial leverage. The fund carries a 0.77% expense ratio and does not currently distribute income, making it a capital appreciation vehicle rather than an income-focused product. This fund appeals primarily to active traders and investors seeking magnified exposure to PayPal's price movements on a short-term basis, though the daily rebalancing mechanism and leverage costs mean it is not designed for buy-and-hold strategies.

PYPG key facts

Issuer
Leverage Shares
Asset type
ETF
Asset class
Equity
Expense ratio
0.77%
Distribution rate
0.00%
Last close
$9.94
AUM
$18,218,532
Average volume
1187147.0