If you think human emotions drive the gains and losses of investments, Vistashares may provide you with new exchange funds.

On Wednesday, Asset Manager launched Vistashares Animal Spirit 2x Daily Strategy ETF (Wild)which will contact the most popular stocks 2x daily per day based on buying momentum and investor sentiment.

Vistashares CEO Adam Patti told ETF.com that he has attracted a single-share leveraged product for more than a year before hoping to offer a better option. These types of funds, i.e. single equity and reproductive performance transactions with derivatives, have quickly gained popularity despite risks and volatility.

“Whether you like them or not, investors can clearly use them to express their views on the market or a particular stock,” Patty said.

After talking to institutions and institutional trading desktops, Vistashares proposes its own approach on the risks of providing high beta risk and how these companies create ways to wrap several names together instead of betting on one. This involves looking at the universe of approximately 30 basic names for individual stocks associated with it, and then choosing the universe of assets that deploy the most to them, and the assets that flow into it the most.

Adjust portfolio composition monthly to reflect any changing emotions around popular stocks. These five names are also weighted.

“We are trying to capitalize on the sentiment and momentum of investors in the market and then go where the money goes,” Patty said. “If you think these huge trading stocks are on the rise, this is a great way to get that exposure.”

He added that the fund also reduces the risk of exposure to single stocks.

ETF's Vistashares suite also includes Vistashares Target 15 Berkshire Select Income ETF (OMAH)an active ETF allows market participants to invest like Warren Buffett and gain monthly income potential, and Vistashares Target 15 US Quality Income ETF (QUSA)This combines factor-based stock investment with options overlays designed to generate high monthly income.

Just last week, Tidal Trust applied for seven ETFs to Vistashares' Securities and Exchange Commission to reach first choice for elite investors such as Michael Burry of Scion Asset Management and Bill Ackman of Pershing Square Holdings.

When asked about Wild, Patti said, “What we are trying to do here at Vistashares is to create products that do not exist.” This includes leveraging “institutional portfolio building to fill gaps in the market and hoping to offer products with strong use cases.”