ISIN: XS3337375078

Short Contango Long Equity

Top Holdings:

Overview

What is the Short Contango Long Equity ETP?

The Short Contango Long Equity Strategy pairs a core long allocation in US equities, held through US-listed equity ETFs or equity index futures, with an actively managed short position in three asset classes prone to structural value erosion from contango: VIX, natural gas and crude oil futures. By shorting exchange- traded products exposed to rolling futures contracts, the strategy seeks to convert a well- documented market inefficiency into a potential return driver. Short exposure is dynamically adjusted- typically maintained between 20%- 40% per asset class and capped at 100% scaling with prevailing futures curve conditions, while the long equity side provides diversified US market participation, with eligible holdings including quality and low-volatility factor ETFs.

Two Engines, Low Correlation

Contango capture paired with diversified US equity exposure. Two distinct return streams. Better risk-adjusted outcomes through the cycle.

Active Sizing, Not Static Bets

Short exposure scales with opportunity, within a 100% cap per asset class. Leans in when contango is pronounced. Steps aside when conditions shift. Always deliberate.

Harvesting a Structural Edge

Contango erodes the value of long futures holders every day. This strategy is purpose-built to sit on the other side of that trade. Disciplined. Repeatable.

NAV as of 12 Nov 2026

$12.05

52 WK: $10.04 – $13.04

1 Day NAV Change

-0.20 (-1.63%)

as of 12 Nov 2026

NAV Total Return

YTD: 19.89%

as of 12 Nov 2026

AUM

$22,839,977

as of 12 Nov 2026

Holdings

Full Holdings (.csv)

Name	Ticker	Weight	SEDOL	Market Price	Currency	Shares Held	Market Value
INVESCO QQQ TRUST SERIES 1	QQQ	97.61%	BDQYP67	$688.17	USD	32,395.00	$22,293,267.15
Cash	N/A	43.86%	N/A	$1.00	USD	10,018,339.56	$10,018,339.56
2X LONG VIX FUTURES ETF	UVIX	-2.39%	BSKSCQ9	$34.38	USD	-15,904.00	$-546,779.52
PROSHARES ULTRA BLOOMBERG NA	BOIL	-17.01%	BVK38P6	$19.76	USD	-196,566.00	$-3,884,144.16
IPATH SERIES B S&P 500 VIX	VXX	-22.07%	BRXDC19	$18.31	USD	-275,298.00	$-5,040,706.38

Listings & Tickers

Exchange	Base Currency	Trading Currency	Exchange Code	ISIN	SEDOL	BBG Ticker	WKN	Listing Date
London Stock Exchange	USD	USD	SCLE	XS3337375078	BWH7GW1	SCLE LN	N/A	30 Apr 2026
London Stock Exchange	USD	GBP	SCLQ	XS3337375078	BWH7HM8	SCLQ LN	N/A	30 Apr 2026
Euronext Amsterdam	USD	EUR	SCLE	XS3337375078	BNNP6Q0	SCLE NA	N/A	12 May 2026
Deutsche Börse Xetra	USD	EUR	SHEQ	XS3337375078	BTXZ2Z3	SHEQ GY	A4AU01	14 May 2026

Key Facts

Investment Advisor

Company Name
Investor Relations
Compliance Contact

Company Website
Contact
Regulator

Structure

Structure: ETP
Domicile: Ireland
Replication Method: Physical

Dividends: Reinvested
Underlying Asset: BASKET
Target Weights
Rebalance Frequency

Fees

Annual Management Fee: 1.00%
Interest Paid On Cash Balances

Performance Fee: 10%
Share Creation Fee

Tax & Legal

ISA: Eligible
SIPP: Eligible

UK Fund Reporting Status: Yes (effective 16/06/2026)
US IRS Sec 871(m): Not applicable
Today's Borrow Rate

Passported Countries:

United Kingdom

Italy

Germany

France

Spain

Netherlands

Ireland

Poland

Belgium

Sweden

Norway

Austria

* The information on this website regarding UK Fund Reporting Status is accurate as of the stated effective date (the "Effective Date"). Leverage Shares makes no representation or warranty that such information will remain accurate, complete or current thereafter, assumes no obligation to update it, and, to the fullest extent permitted by applicable law, accepts no responsibility or liability for any inaccuracies or omissions arising after the Effective Date.

Key Services Providers

Issuer: Leverage Shares plc
Arranger: Leverage Shares Management Company Limited
Trustee: Apex Corporate Trustees (UK) Limited
Issuing and Paying Agent: U.S. Bank Europe DAC
Registrar: U.S. Bank Europe DAC
Portfolio Administrators: Flexinvest Limited
Stock Borrowing Provider and Custodian: Interactive Brokers LLC, Morgan Stanley & Co. LLC and/or Pershing LLC
Determination Agent: Calculation Agent Services LLC
Initial Authorised Participant: BNP Paribas Arbitrage S.N.C.,Virtu Financial Ireland Limited, Flow Traders and others
Sponsor

Fact Sheet

Final Terms CBI Final Terms FCA

2026-11 UK DE ES FR IT NL PL SV

2026-10 UK DE ES FR IT NL PL SV

2026-09 UK DE ES FR IT NL PL SV

2026-08 UK DE ES FR IT NL PL SV

2026-07 UK DE ES FR IT NL PL SV

2026-06 UK DE ES FR IT NL PL SV

2026-05 UK DE ES FR IT NL PL SV

2026-04 UK DE ES FR IT NL PL SV

Reportable Income EMT Supplemental Trust Deeds

Prospectus (FCA) 02 November 2026 Supplement (CBI) 07 July 2026 Supplement (FCA) 07 July 2026 Prospectus (CBI) 11 June 2026 Prospectus (FCA) 09 June 2026 Prospectus (CBI) 13 March 2026 Prospectus (FCA) 13 March 2026 Prospectus (CBI) 23 June 2025 Prospectus (FCA) 23 June 2025 Prospectus (CBI) 17 July 2024 Prospectus (FCA) 17 July 2024 Prospectus (CBI) 15 March 2024 Prospectus (FCA) 15 March 2024 Prospectus (CBI) 18 October 2023 Prospectus (FCA) 18 October 2023 Prospectus (CBI) 04 May 2023 Prospectus (FCA) 04 May 2023 Supplement 01 June 2022 Prospectus 16 May 2022 Prospectus 07 December 2021 Supplement 08 October 2021 Supplement 17 September 2021 Supplement 06 May 2021 Supplement 04 March 2021 Prospectus 18 December 2020 Prospectus 06 November 2020 Prospectus 05 February 2020

Notices

Latest Notice

13.11.2026 Notification of New Series 30.10.2026 Replacement of Broker Dealer 30.10.2026 Termination of AP Agreement 29.10.2026 Notices of Investment Strategy Modifications 18.09.2026 Batch Notification 11.09.2026 Notice Appointment of Authorised Participants 26.08.2026 Notification of New Series 21.07.2026 Batch Notification 19.06.2026 Notice to ETP Securityholders 03.06.2026 Notices of Investment Strategy Modifications 21.05.2026 Batch Notification 30.04.2026 Notification of New Series 02.11.2023 Notice of Late Filing of Audited Financial Report 19.10.2023 Notice to ETP Securityholders 20.09.2023 Notice of Migration to IB LLC 04.05.2023 Notice of Amended and Restated Conditions

Short Contango Long Equity

Overview

What is the Short Contango Long Equity ETP?

Two Engines, Low Correlation

Active Sizing, Not Static Bets

Harvesting a Structural Edge

Holdings

Listings & Tickers

Key Facts

Investment Advisor

Structure

Fees

Tax & Legal

Key Services Providers

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