If you're the kind of trader who thinks regular stock volatility isn't quite spicy enough, Leverage Shares by Themes has a holiday gift for you. The firm is wrapping up 2025 by launching seven new single-stock leveraged ETFs, each designed to deliver double the daily moves of individual companies. That means twice the gains when you're right, and twice the pain when you're not.

The new products hit the market on December 18, and they cover a surprisingly diverse range of sectors and geographies. We're talking electric vehicles from China, social media platforms struggling to stay relevant, Brazilian commodity giants, and semiconductor equipment makers riding the AI wave. It's basically a greatest hits album of high-volatility stocks that traders love to swing at.

Here's the full lineup of what's coming:

On the technology front, there's the Leverage Shares 2X Long NIO Daily ETF (NIOG), which tracks Chinese electric vehicle maker Nio Inc (NIO). Then you've got the Leverage Shares 2X Long SNAP Daily ETF (SNAG), tied to social media company Snap Inc (SNAP). And for those betting on China's tech recovery, the Leverage Shares 2X Long BIDU Daily ETF (BIDG) offers leveraged exposure to search and AI giant Baidu Inc (BAIDU).

The healthcare play comes via the Leverage Shares 2X Long CNC Daily ETF (CNCG), which tracks managed care provider Centene Corp (CNC). Semiconductor investors get the Leverage Shares 2X Long KLAC Daily ETF (KLAG), linked to chip equipment maker KLA Corp (KLAC).

Rounding out the international flavor are two Brazilian heavyweights: the Leverage Shares 2X Long PBR Daily ETF (PBRG), tied to energy giant Petrobras Brasiliero (PBR), and the Leverage Shares 2X Long VALE Daily ETF (VALG), focused on mining colossus Vale SA (VALE).

Now, before anyone gets too excited about doubling their money overnight, let's talk about what these things actually do. Each ETF aims to deliver 200% of the daily performance of its underlying stock, both up and down. Notice that word "daily"? That's the crucial detail that separates short-term trading tools from long-term investment vehicles.

These funds reset every single day. If a stock goes up 5% today, the ETF should go up roughly 10%. But tomorrow's a new game with a new baseline. Over longer periods, the math gets weird thanks to compounding, and the ETF's performance can diverge significantly from simply doubling the stock's return. That's why the issuer is crystal clear: these are built for tactical positioning and short-term trades, not for parking your retirement savings.

The expense ratio on all seven funds sits at 0.75%, which Themes positions as among the lowest in the single-stock leveraged category. For comparison, some competitors charge upwards of 1% or more for similar products, so the pricing here is genuinely competitive. When you're dealing with leveraged products that are meant for quick in-and-out trades, every basis point of fees matters.

What's really interesting here is the sheer breadth of what Leverage Shares is building. With these seven additions, the firm now offers 60 single-stock daily leveraged ETFs. Sixty. That's not a typo. The single-stock ETF space has absolutely exploded over the past couple years, driven by retail traders who want concentrated bets without the complexity or capital requirements of options strategies.

The appetite for these products tells you something about where the market is right now. Traders want precision tools for high-conviction plays. They want to make amplified bets on individual companies without having to mess around with margin accounts or figure out options Greeks. These ETFs deliver exactly that, packaged in a structure that trades like a stock and settles like a stock.

Of course, that convenience comes with the inherent risks of leverage. These are powerful instruments that reward traders who get direction and timing right, but they punish mistakes just as aggressively. Miss the exit, hold too long, or get caught on the wrong side of a volatile swing, and the 2X leverage works against you in a hurry.

The sector diversity in this launch is worth noting too. By spanning Chinese EV makers, American healthcare insurers, Brazilian commodity producers, and Silicon Valley social media companies, Themes is basically saying: "Whatever high-volatility stock you're watching, we've probably got a leveraged version for you." It's a buffet approach to single-stock leverage, and clearly there's demand for it.

As these funds start trading on December 18, they'll join an increasingly crowded but still fast-growing corner of the ETF market. For active traders and sophisticated retail investors looking to amplify their short-term plays, these new tools offer another set of options. Just remember: leverage cuts both ways, and the daily reset means these aren't set-it-and-forget-it products. They're trading instruments, plain and simple, designed for people who know exactly what they're doing and exactly when to get out.