---
ticker: "PLUL"
name: "Themes ETF Trust - Leverage Shares 2X Long PLUG Daily ETF"
url: "https://etf.net/etf/PLUL"
grade: "C"
score: 40
graded_at: "2026-10-12"
category: "Single-Stock Long Leveraged"
category_rank: "131 of 380"
methodology: "https://etf.net/methodology"
---

# PLUL: Themes ETF Trust - Leverage Shares 2X Long PLUG Daily ETF

Grade **C**, Score 40 of 100. Rank 131 of 380 in Single-Stock Long Leveraged.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 67 | 87 of 380 |
| Mission | Not scored | — |
| Risk | 38 | 251 of 363 |
| Tradability | 35 | 272 of 380 |
| Holdings | Not scored | — |
| Durability | 42 | 230 of 380 |

## Top holdings

The fund holds 5 positions. These are the largest 5, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Plug Power Inc Swap Marex | 157.43% |
| 2 | — | Plug Power Inc Swap Cs | 25.57% |
| 3 | — | First American Treasury Obligations Fund 01/01/2040 | 11.94% |
| 4 | — | Plug Power Inc.-Swap-Jnst-L | 9.81% |
| 5 | — | Plug Power Inc Swap Cf | 7.21% |

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