PBRG was created on 2025-12-18 by Leverage Shares. The fund's investment portfolio concentrates primarily on energy equity. PBRG aims to provide 2x leveraged exposure to the daily price movement of Petroleo Brasileiro S.A. (NYSE: PBR) stock, less fees, and expenses. PBR is a state-controlled oil and gas company engaged in exploration, production, refining, and distribution of petroleum and energy products.