Lumentum Holdings (LITE) makes the optical transceivers and laser components that carry data between GPUs inside AI datacenters. It is a mid-cap company attached to a very large trade, and the stock moves accordingly. Four issuers have written 2x long funds against it, which is more leveraged coverage than any other photonics stock has.
The long funds come from Tradr, T-Rex, Corgi, and Leverage Shares. Tradr also runs the only inverse product. All five reset daily, so they track one day of LITE's move. Hold them longer and the return drifts from that multiple, badly if the stock chops.
If you would like to compare the performance of any of these ETFs against LITE stock, use our Comparison tool. For the broader sector, see our list of leveraged photonics ETFs.
Quick Overview
| Ticker | Fund Name | Leverage | Direction | Expense Ratio | AUM |
|---|---|---|---|---|---|
| Long | |||||
| LITX | Tradr 2X Long LITE Daily ETF | 2x | Long | 1.49% | $189.6M |
| LITU | T-REX 2X Long LITE Daily Target ETF | 2x | Long | 1.50% | $5.2M |
| LITG | Leverage Shares 2x Long LITE Daily ETF | 2x | Long | 0.99% | $0.6M |
| LITC | Corgi LITE 2x Daily ETF | 2x | Long | 0.45% | $0.4M |
| Short (Inverse) | |||||
| LITZ | Tradr 2X Short LITE Daily ETF | 2x | Short | 1.49% | $27.8M |
LITX
Tradr 2X Long LITE Daily ETF
LITU
T-REX 2X Long LITE Daily Target ETF
LITG
Leverage Shares 2x Long LITE Daily ETF
LITC
Corgi LITE 2x Daily ETF
LITZ
Tradr 2X Short LITE Daily ETF
Risk Warning: Leveraged and inverse ETFs are complex financial instruments that may not be suitable for all investors. Past performance does not guarantee future results. Please consult with a financial advisor before making investment decisions.