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 10 Nov 2026
$11.79
52 WK: $10.04 – $13.04
1 Day NAV Change
-0.11 (-0.92%)
as of 10 Nov 2026
NAV Total Return
YTD: 17.27%
as of 10 Nov 2026
AUM
$21,847,636
as of 10 Nov 2026
Holdings
Full Holdings (.csv)Listings & Tickers
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
