If you're the kind of trader who thinks regular stock exposure is too boring, Leverage Shares by Themes just gave you two new toys to play with.
On January 15, the firm launched a pair of single-stock leveraged ETFs offering 200% daily exposure to Xpeng Inc (XPEV) and O'Reilly Automotive Inc (ORLY). That means if the underlying stock moves 1% in a day, the ETF aims to move 2%—before fees and expenses, of course. It's designed for active traders looking for amplified short-term plays, not your typical buy-and-hold situation.
The new products are the Leverage Shares 2X Long XPEV Daily ETF (XPEG), tracking the Chinese electric vehicle maker Xpeng, and the Leverage Shares 2X Long ORLY Daily ETF (ORLG), which gives leveraged exposure to O'Reilly.
Here's where it gets interesting: Leverage Shares says these funds carry a management fee of just 0.75%, which they're calling "industry-low" for single-stock leveraged ETFs. That's a competitive edge in a segment where expense ratios tend to run higher.
Paul Marino, chief revenue officer at Themes ETFs, explained that with XPEG and ORLG, the firm is targeting "very different corners of the market—next-generation EV innovation and resilient U.S. consumer demand."
And he's not wrong. Xpeng represents the high-octane world of Chinese electric vehicles, where investors watch every development in smart EV technology and market share battles in one of the world's most competitive automotive landscapes. Meanwhile, O'Reilly Automotive operates in a completely different universe—steady, defensive, and benefiting from consumers who are holding onto their cars longer and keeping the auto parts and maintenance business humming.
With XPEG and ORLG now available, Leverage Shares has brought its total lineup of leveraged single-stock daily ETFs to 73. That's a broad menu spanning technology, electric vehicles, consumer discretionary, industrials, and beyond—pretty much whatever corner of the market you want to trade with extra juice.











