BIDG — Leverage Shares 2X Long BIDU Daily ETF ☆

The Leverage Shares 2X Long BIDU Daily ETF, part of Themes ETF Trust, uses swap agreements to take a bullish, daily leveraged position of 200% on the stock of Baidu, Inc. It rebalances daily and is meant as a short-term tactical tool, since compounding can make longer-term returns differ from 2x. The strategy is high-risk and has no defensive component.