Leverage Shares Launches Six New Leveraged ETFs for Clean Energy and More
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: Benzinga
- New Product Launch: Leverage Shares rolled out six new leveraged single-stock ETFs on Tuesday, providing 2x daily exposure to sectors like clean energy, critical minerals, defense tech, and crypto mining, aiming to meet the market's demand for trading high-volatility stocks.
- Intensifying Industry Competition: The newly launched ETFs include investments in companies like USA Rare Earth Inc and Ondas Holdings Inc, highlighting the increasing competition among ETF issuers driven by geopolitical and national security concerns, particularly around rare earths and defense-related stocks.
- Low Management Fee Advantage: Each new ETF carries a management fee of 0.75%, which is an industry low for single-stock leveraged ETFs, designed to attract more investors to engage in high-risk, high-reward trading strategies.
- Demand-Driven Market: Paul Marino, Chief Revenue Officer at Leverage Shares, stated that these new funds are designed to provide traders with efficient and transparent tools to express short-term, high-conviction views without directly trading derivatives, thereby boosting the company's market share in 71 leveraged single-stock ETFs.
Analyst Views on ALB
Wall Street analysts forecast ALB stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALB is 103.07 USD with a low forecast of 58.00 USD and a high forecast of 140.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
6 Buy
10 Hold
2 Sell
Hold
Current: 173.780
Low
58.00
Averages
103.07
High
140.00
Current: 173.780
Low
58.00
Averages
103.07
High
140.00
About ALB
Albemarle Corporation is engaged in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health. The Company’s segments include Energy Storage, Specialties, and Ketjen. The Energy Storage segment develops and manufactures a range of basic lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride. Its Specialties business optimizes its portfolio of bromine and highly specialized lithium solutions. Its Specialties business serves a variety of industries, including energy, mobility, connectivity, and health. Specialty products are essential in both internal combustion and electric vehicles, from high-voltage cables and powertrains to airbags and tires. Its Ketjen segment includes clean fuels technologies (CFT), fluidized catalytic cracking (FCC) catalysts and additives, and performance catalyst solutions (PCS). It serves various markets such as grid storage, automotive, aerospace, conventional energy, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
