- Issuer
- Leverage Shares
- Inception Date
- Jan 13, 2026
- Region
- North America (United States)
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- USA Rare Earth, Inc. (USAR)
- Asset Class
- Equity
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
USGG Performance Chart
Loading charts...
Returns By Period
Leverage Shares 2X Long USAR Daily ETF
- 1D
- 9.07%
- 1M
- -15.64%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.00%
- 1M
- -0.71%
- YTD
- 8.39%
- 6M
- 8.57%
- 1Y
- 24.33%
- 3Y*
- 18.94%
- 5Y*
- 12.24%
- 10Y*
- 13.54%
USGG Monthly Returns History
Based on dividend-adjusted daily data since Jan 13, 2026, USGG's average daily return is +1.08%, while the average monthly return is +18.73%. At this rate, an investment would double in approximately 0.3 years.
Historically, 50% of months were positive and 50% were negative. The best month was Apr 2026 with a return of +161.0%, while the worst month was Mar 2026 at -41.8%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 2 months.
On a daily basis, USGG closed higher 48% of trading days. The best single day was Feb 3, 2026 with a return of +36.1%, while the worst single day was Jun 5, 2026 at -34.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 54.05% | -36.93% | -41.76% | 161.03% | 6.06% | -30.08% | 9.53% |
Benchmark Metrics
Leverage Shares 2X Long USAR Daily ETF has an annualized alpha of 408.90%, beta of 7.09, and R2 of 0.21 versus S&P 500 Index. Calculated based on daily prices since January 13, 2026.
- This ETF captured 30978.99% of S&P 500 Index gains and 405.07% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.21 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 408.90%
- Beta
- 7.09
- R²
- 0.21
- Upside Capture
- 30,978.99%
- Downside Capture
- 405.07%
Expense Ratio
USGG has an expense ratio of 0.75%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Leverage Shares 2X Long USAR Daily ETF (USGG) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| USGG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.66 | — |
| Martin ratioReturn relative to average drawdown | — | 11.86 | — |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Leverage Shares 2X Long USAR Daily ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Leverage Shares 2X Long USAR Daily ETF was 77.74%, occurring on Mar 30, 2026. The portfolio has not yet recovered.
The current Leverage Shares 2X Long USAR Daily ETF drawdown is 51.81%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -77.74%Mar 2026 | 2mo 2d | — | 4mo 26dJan 2026 - now |
2026 correction2026 | -16.37%Jan 2026 | 0s | 5d | 5dJan 2026 - Jan 2026 |
2026 pullback2026 | -6.36%Jan 2026 | 0s | 1d | 1dJan 2026 - Jan 2026 |
Drawdown Indicators
| USGG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.74% | -56.78% | -20.96% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -51.81% | -2.49% | -49.32% |
Average DrawdownAverage peak-to-trough decline | -46.83% | -10.72% | -36.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with USGG
Add Leverage Shares 2X Long USAR Daily ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with USGG