ECHX — Leverage Shares 2X Long ECHO Daily ETF ☆

The Leverage Shares 2X Long ECHO Daily ETF gives bullish, leveraged exposure to the shares of EchoStar Corporation through swap agreements. It seeks daily leveraged exposure equal to 200% of net assets, rebalancing each day, and is intended for tactical short-term use, not for holding over the long run. Because of compounding, returns can deviate from 2x over longer periods.