Leverage Shares 2X Long MCHP Daily ETF (MCHG) Price & Chart
MCHG ETF Chart & Stats
- Day’s Range
- $7.56 - $7.76
- 52-Week Range
- $6.42 - $15.93
- Previous Close
- $8.48
- Volume
- 1,814
- Average Volume (3M)
- 7,700
- AUM
- 551.48K
- NAV
- 7.69
- Expense Ratio
- 0.99%
- Holdings Count
- 2
- Beta
- 4.74
- Inception Date
- Jun 16, 2026
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 65,000
- Standard Deviation
- N/A
ETF Overview
Leverage Shares 2X Long MCHP Daily ETF
Leverage Shares 2X Long MCHP Daily ETF (MCHG) is a niche, sector-focused exchange-traded fund that provides leveraged, single-stock exposure to Microchip Technology Inc. (MCHP). The fund seeks daily investment results, before fees and expenses, equal to 200% of the daily percentage change in the price of MCHP common stock, delivering amplified upside and downside relative to that single semiconductor company. Positioned in the Information Technology sector with a concentration in the Semiconductors niche, MCHG is designed for traders and sophisticated investors who want short-term, tactical exposure to Microchip’s stock movement rather than diversified semiconductor market exposure. To achieve its objective the ETF uses leverage through financial instruments and financing techniques, and its return is calculated on a daily reset basis. Because of daily compounding, the fund’s performance over periods longer than one day can diverge significantly from twice the cumulative return of MCHP, especially in volatile markets. Investors should therefore treat MCHG as a short-horizon trading tool: suitable for intraday or multi-day strategies with active monitoring, but generally inappropriate for buy-and-hold allocation or long-term investing. Holding MCHG entails higher risks and costs compared with unleveraged equity ETFs, including amplified volatility, financing and operational expenses, and the potential for rapid and substantial losses if Microchip’s share price moves against the position. Prospective buyers should understand leveraged product mechanics, review the fund’s prospectus for fees and strategy details, and consider position sizing and risk management before investing.