When does Leverage Shares 2X Long ON Daily ETF pay distributions?▾
The most recent ex-dividend date was March 21, 2023.
What does Leverage Shares 2X Long ON Daily ETF invest in?▾
ONG is designed to make bullish bets on the stock price of ON Semiconductor Corporation (Nasdaq: ON) through derivatives investments such as swap agreements. ON develops and manufactures semiconductor components and integrated solutions designed to improve energy efficiency, electrification, safety, and automation across multiple industries. Its products include power management devices, analog components, sensors, and connectivity solutions. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is...
