Themes ETF Trust - Leverage Shares 2X Short SPCX Daily ETF (SSPC)
ETF overview
SSPC is designed for making bearish bets on the stock price of Space Exploration Technologies Corp. (NASDAQ: SPCX) or SpaceX through swap agreements. The fund seeks 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 SPCX'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 SPCX's value increases 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 SPCX's performance weakens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
Fund facts
- Leverage
- -2x daily
- Expense ratio
- 0.75%
- Fund assets
- 87.45M USD (all share classes)
- Issuer
- LeverageShares
- Inception date
- Jun 15, 2026
- Number of holdings
- 3
Holdings (3)
| Name | Ticker | Exposure |
|---|---|---|
| SPACE EXPLORATION TECHNOLOGIES CORP. CLASS A COMMON STOCK-SWAP-MREX-S | -245.43% | |
| SPACE EXPLORATION TECHNOLOGIES CORP. CLASS A COMMON STOCK-SWAP-CLST-S | -185.62% | |
| First American Treasury Obligations Fund 01/01/2040 | 37.62% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
Historical returns do not guarantee future returns. This is not investment advice.
Themes ETF Trust - Leverage Shares 2X Short SPCX Daily ETF (SSPC)
- Leverage
- -2x daily
- Expense ratio
- 0.75%
- Fund assets
- 87.45M USD (all share classes)
- Issuer
- LeverageShares
- Inception date
- Jun 15, 2026
- Number of holdings
- 3
| Name | Ticker | Exposure |
|---|---|---|
| SPACE EXPLORATION TECHNOLOGIES CORP. CLASS A COMMON STOCK-SWAP-MREX-S | -245.43% | |
| SPACE EXPLORATION TECHNOLOGIES CORP. CLASS A COMMON STOCK-SWAP-CLST-S | -185.62% | |
| First American Treasury Obligations Fund 01/01/2040 | 37.62% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
SSPC is designed for making bearish bets on the stock price of Space Exploration Technologies Corp. (NASDAQ: SPCX) or SpaceX through swap agreements. The fund seeks 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 SPCX'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 SPCX's value increases 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 SPCX's performance weakens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
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