NEMG was created on 2025-11-17 by Leverage Shares. The fund's investment portfolio concentrates primarily on materials equity. NEMG is actively managed, aiming to provide daily 2x leveraged exposure to the price performance of Newmont Corporation (NYSE: NEM) stock, less fees, and expenses. The fund uses derivatives to pursue its objective. NEM is a gold mining company engaged in the exploration, production, and development of mineral resources.