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LFBB

$--
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1d
1w
1m

Analysis and statistics

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About

LFBB.US is the ticker symbol for the Leverage Shares -2x Short BioTech ETP, an exchange-traded product (ETP) listed on the Nasdaq. It aims to provide investors with twice the inverse (-2x) of the daily performance of the Solactive Biotechnology 30 Index. This means that the ETP is designed to increase in value when the biotechnology index decreases, and vice versa, with double the magnitude. It's important to remember that leveraged and inverse ETPs are generally intended for short-term trading and may not be suitable for long-term investments due to the effects of compounding.
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Factors

Fund's NAV: LFBB.US's price closely tracks its net asset value, reflecting the underlying bond holdings. Market interest rates: Rising rates typically decrease bond values, impacting the ETF's price negatively. Credit spreads: Widening spreads, signaling higher credit risk, can lower the ETF's value. Supply and Demand: Imbalances between buying and selling pressure can cause temporary price deviations from NAV. ETF liquidity: Higher liquidity often means tighter bid-ask spreads and prices closer to NAV.

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