A New Way To Bet On Costco: Leverage Shares Unveils 2X ETF
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Leverage Shares has launched the Leverage Shares 2X Long COST Daily ETF (COTG), offering investors double daily exposure to Costco Wholesale Corp. The ETF, listed on Sept. 18, targets active traders looking to capitalize on Costco's growth amid inflationary pressures. With a low expense ratio of 0.75%, it aims to attract those speculating on short-term price fluctuations. This addition expands Leverage Shares' portfolio to 25 leveraged single-stock ETFs, diversifying beyond technology into consumer sectors, reflecting Costco's strong market position and loyal customer base.
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