---
ticker: "AXTL"
name: "Themes ETF Trust - Leverage Shares 2X Long AXTI Daily ETF"
url: "https://etf.net/etf/AXTL"
grade: "C"
score: 42
graded_at: "2026-10-12"
category: "Single-Stock Long Leveraged"
category_rank: "121 of 380"
methodology: "https://etf.net/methodology"
---

# AXTL: Themes ETF Trust - Leverage Shares 2X Long AXTI Daily ETF

Grade **C**, Score 42 of 100. Rank 121 of 380 in Single-Stock Long Leveraged.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 51 | 168 of 380 |
| Mission | Not scored | — |
| Risk | 29 | 289 of 363 |
| Tradability | 39 | 255 of 380 |
| Holdings | Not scored | — |
| Durability | 40 | 238 of 380 |

## Top holdings

The fund holds 3 positions. These are the largest 3, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Axt, Inc.-Swap-Mrex-L | 176.62% |
| 2 | — | Axt, Inc.-Swap-Clst-L | 23.41% |
| 3 | — | First American Treasury Obligations Fund 01/01/2040 | 5.75% |

Source: etf.net, https://etf.net/etf/AXTL. Please cite the page URL.