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NEMG

GradeCNASDAQ

Leverage Shares 2x Long NEM Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2025-11-17

This 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.

$22.46−1.28 (−5.38%)

As of Sep 23, 2026, 2:02 PM EDT

History starts Nov 17, 2025.History starts Nov 17, 2025.
Intraday session: down, 21 prints from 23.74 to 22.46. Range 21.51 to 22.59. Use the arrow keys to read each point.$21.50$21.75$22.00$22.2510 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1M
1Y return
—
Yield · Last 12 months
—
Holdings
4
Volume · 30D
0M sh
NAV per share
$22.16
52W range
low $12.24high $33.47

The ETF.net NEMG Grade

C

40/ 100

Rank 181 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for NEMG. Scores out of 100: Cost 67, Risk 69, Mission 94, Tradability 54, Holdings not scored, Durability 42. Strongest: Mission (94). Weakest: Durability (42). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned63This cap took−23Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank137/380 · top 36%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 94
    Category rank59/147 · top 40%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 69
    Category rank65/285 · top 23%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 54
    Category rank157/380 · top 41%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 42
    Category rank231/380 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on NEMG

ETF.net Research

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

  1. 010.75% 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.
  2. 02Rare 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
  3. 03Straightforward 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
  4. 04Since launch it has landed close to its stated 2x daily target, one of the tighter implementations among leveraged single-stock funds.

Worth knowing

  1. 01The 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.
  2. 02One stock, doubled. No diversification cushion: gold price swings, mine costs and company-specific news all land twice as hard, in both directions.
  3. 03Launched 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 Sep 21, 2026, 6:58 PM
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 valueIn ETFs
001—NEWMONT CORP COM SWAP CS135.19%21,092$3M1
002—NEWMONT CORP COM SWAP MAR56.12%8,755$1M1
003—First American Treasury Obligations Fund 01/01/204015.32%314,432$314K147
004—NEWMONT CORP COM SWAP CF8.65%1,350$178K1

Showing 1–4 of 4 holdings

NEMG Performance

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

NEMG$12,599
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. NEMG $12,599. SPY $11,430. Use the arrow keys to read each point.$5,655$11,794$17,933Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 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.

Trailing total return for NEMG. Periods over one year show the average yearly return.
PeriodNEMG
Year to date+26.0%
1 month−7.7%
3 months+45.7%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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+26.0%
2025+27.8%

Since listing, Nov 17, 2025

NEMG in the news

ETF.net Research hasn’t filed on NEMG yet — coverage lands here as it’s written.

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 Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Nov 2025. No distributions yet.

NEMG Risk

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.

NEMG Cost

Expense ratio0.75%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

85 of the 329 Single-Stock Long Leveraged funds charge less.

NEMG costs $75.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.