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Dividend Vision

VALG — Leverage Shares 2X Long VALE Daily ETF

Leverage Shares 2X Long VALE Daily ETF (VALG)

VALG carries a 0.75% expense ratio. Total return is 1.6% over the past 0.7 years, 5.1 points behind VALE at 6.7%.

This ETF provides 2x daily leveraged exposure to Vale SA (VALE), a major Brazilian mining and metals company, using financial derivatives to amplify price movements. The fund carries a 0.75% expense ratio and does not pay distributions, making it designed for tactical trading rather than income generation. This leveraged instrument appeals primarily to sophisticated traders seeking short-term directional bets on Vale's stock price, as the daily reset mechanism means it is not suitable as a buy-and-hold investment.

VALG key facts

Issuer
Leverage Shares
Asset type
ETF
Asset class
Equity
Expense ratio
0.75%
Last close
$15.16
AUM
$897,133
Average volume
100.0
Beta
2.673