AXTX vs. USGG

Last updated Jun 24, 2026

AXTX (Tradr 2X Long AXTI Daily ETF) and USGG (Leverage Shares 2X Long USAR Daily ETF) are both Leveraged Equities funds - AXTX tracks the AXT, Inc. (AXTI) while USGG tracks the USA Rare Earth, Inc. (USAR). Both are passively managed. At a 0.29 correlation, their price movements are largely independent. AXTX charges 1.49%/yr vs 0.75%/yr for USGG.

Performance

AXTX vs. USGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long AXTI Daily ETF (AXTX) and Leverage Shares 2X Long USAR Daily ETF (USGG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AXTX

• 1D: -31.94%
• 1M: -76.31%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USGG

• 1D: -10.14%
• 1M: -27.15%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AXTX vs. USGG - Yearly Performance Comparison

	2026 (YTD)
AXTX Tradr 2X Long AXTI Daily ETF	-30.66%
USGG Leverage Shares 2X Long USAR Daily ETF	-22.00%

Correlation

The correlation between AXTX and USGG is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 24, 2026	0.29

Return for Risk

AXTX vs. USGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long AXTI Daily ETF (AXTX) and Leverage Shares 2X Long USAR Daily ETF (USGG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

AXTX vs. USGG - Drawdown Comparison

The maximum AXTX drawdown since its inception was -76.31%, roughly equal to the maximum USGG drawdown of -77.74%. Use the drawdown chart below to compare losses from any high point for AXTX and USGG.

Drawdown Indicators

	AXTX	USGG	Difference
Max Drawdown Largest peak-to-trough decline	-76.31%	-77.74%	+1.43%
Current Drawdown Current decline from peak	-76.31%	-58.39%	-17.92%
Average Drawdown Average peak-to-trough decline	-30.84%	-47.00%	+16.16%

Volatility

Volatility by Period

	AXTX	USGG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	300.45%	224.62%	+75.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	300.45%	224.62%	+75.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	300.45%	224.62%	+75.83%

AXTX vs. USGG - Expense Ratio Comparison

AXTX has a 1.49% expense ratio, which is higher than USGG's 0.75% expense ratio.

Dividends

AXTX vs. USGG - Dividend Comparison

Neither AXTX nor USGG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AXTX and USGG in my portfolio?

AXTX and USGG have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AXTX or USGG?

On fees, USGG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AXTX or USGG?

USGG is cheaper with a 0.75% expense ratio, compared with 1.49% for AXTX.

Which ETF pays a higher dividend yield, AXTX or USGG?

AXTX and USGG have nearly identical dividend yields, around 0.00%.

What is the main difference between AXTX and USGG?

AXTX tracks AXT, Inc. (AXTI), while USGG tracks USA Rare Earth, Inc. (USAR). They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.49% for AXTX and 0.75% for USGG.