
Leverage Shares 2X Long SATS Daily ETF (ECHX) ETF Ticker
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About Leverage Shares 2X Long SATS Daily ETF
SATG is designed for making bullish bets on the stock price of EchoStar Corporation through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to SATS's daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that should SATS's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if SATS's performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
ECHX etf facts
| Ticker symbol | ECHX |
| Exchange | NASDAQ Global Market |
| Sector | Financial Services |
| Industry | Asset Management |
| Market cap | $2.9M |
| CEO | Calvin Tsang |
| Headquarters | Greenwich, CT, US |
| IPO date | 2025-12-16 |
| Website | www.leverageshares.com |
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What is the ticker symbol for Leverage Shares 2X Long SATS Daily ETF?
The ticker symbol for Leverage Shares 2X Long SATS Daily ETF is ECHX, listed on the NASDAQ Global Market.
What is ECHX?
SATG is designed for making bullish bets on the stock price of EchoStar Corporation through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to SATS's daily price movements. As a geared product, the fund is intended as a short-term tactical…