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Launched

Leverage Shares 2x Long NEM Daily ETF

NEMGNasdaqLeverageSharesCThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$20.04+0.80 (+4.16%) past 5 days

At close: Oct 22, 2026, 4:00 PM ET

C40/ 100

Rank 132 of 380 in Single-Stock Long Leveraged

C40/100Rank 132 of 380inSingle-Stock Long Leveraged
5D price: up, 5 points from 19.24 to 20.04. Range 20.04 to 20.17. Use the arrow keys to read each point.19.2019.4019.6019.8020.20
Market opens at 9:30 AM ET.
Expense ratio
0.75%
Fund size
$1M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
4
Avg volume · 30D
5.31K sh
52W range
low $12.25high $33.47
Launched

The ETF.net NEMG Grade

As of · Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
132 of 380
Six-pillar profile for NEMG. Scores out of 100: Cost 70, Risk 69, Mission 87, Tradability 54, Holdings not scored, Durability 42. Strongest: Mission (87). Weakest: Durability (42). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
64
This cap took
−24
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A70 out of 100
    Rank 87 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A87 out of 100
    Rank 91 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B69 out of 100
    Rank 81 of 365

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C54 out of 100
    Rank 163 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C42 out of 100
    Rank 229 of 380

Our read on NEMG

ETF.net Research

In short

CMost single-stock leverage points at AI chips and megacap tech. This one aims 2x daily leverage at Newmont, the lone gold producer in the S&P 500, turning a gold-tilted trade into a magnified one.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of Newmont Corporation stock.

Why people hold it

  • 0.75% a year, under the 0.96% Direxion charges on 2x single-stock funds like AAPU and GGLL, and below the roughly 1% typical for the group.
  • Rare underlying for this corner of the market: Newmont calls itself the world's leading gold company and the only gold producer in the S&P 500.sec.gov
  • Straightforward 1940 Act ETF on a US exchange, with the 200%-of-daily-NEM objective written into the fund's own documents rather than left to interpretation.leverageshares.com
  • Since launch it has landed close to its stated 2x daily target, one of the tighter implementations among leveraged single-stock funds.

Worth knowing

  • The 2x goal resets every day. Hold longer and compounding takes the wheel, so results can drift well away from twice Newmont's move over the same stretch.
  • One stock, doubled. No diversification cushion: gold price swings, mine costs and company-specific news all land twice as hard, in both directions.
  • Launched in November 2025 and still a small fund, which usually means wider spreads and thinner depth than the household-name leveraged tickers.

NEMG Holdings

As of
Asset class
Stocks
Holdings
4
Top-10 weight
215%
Largest holding
Newmont Corp Com Swap Cs135.2%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataNewmont Corp Com Swap Cs135.19%21,092$2.78MNo data
2No dataNewmont Corp Com Swap Mar56.12%8,755$1.15MNo data
3No dataFirst American Treasury Obligations Fund 01/01/204015.32%314,432$314KNo data
4No dataNewmont Corp Com Swap Cf8.65%1,350$178KNo data

Showing 1–4 of 4 holdings

NEMG Performance

Launched Nov 17, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
NEMG$10,637
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,291
Dec 31, 2025 to Oct 22, 2026. NEMG $10,637. SPY $11,291. Use the arrow keys to read each point.$10,000$15,000Dec 2025May 2026Oct 2026

Dec 31, 2025 – Oct 22, 2026

Returns run to the Oct 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

As of
Trailing total return for NEMG. Periods over one year show the average yearly return.
PeriodNEMG
Year to date+6.4%
1 month−15.6%
3 months+42.2%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for NEMG
YearReturn barNEMG
2026 YTD+6.4%
2025+27.8%

Since listing, Nov 17, 2025

NEMG in the news

NEMG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 22, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Nov 2025. No distributions yet.

NEMG Risk

Risk pillarB69 out of 100Rank 81 of 365 in Single-Stock Long Leveraged

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
Launched Nov 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Nov 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Nov 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.29
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

NEMG Cost

NEMG cost

$14,482

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • NEMG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • NEMG 0.75%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530NEMG $14,482

Year by year

YearNEMG
10$1,336
20$5,078
30$14,482