BAIG vs. USGG

Last updated Jun 5, 2026

BAIG (Leverage Shares 2X Long BBAI Daily ETF) and USGG (Leverage Shares 2X Long USAR Daily ETF) are both Leveraged Equities funds from Leverage Shares. BAIG is actively managed, while USGG is passively managed. A 0.52 correlation means they provide meaningful diversification when combined. BAIG charges 0.78%/yr vs 0.75%/yr for USGG.

Performance

BAIG vs. USGG - Performance Comparison

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

Returns By Period

BAIG

• 1D: -4.26%
• 1M: 22.11%
• YTD: -47.34%
• 6M: -70.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USGG

• 1D: -6.46%
• 1M: -12.17%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BAIG vs. USGG - Yearly Performance Comparison

	2026 (YTD)
BAIG Leverage Shares 2X Long BBAI Daily ETF	-57.35%
USGG Leverage Shares 2X Long USAR Daily ETF	53.51%

Correlation

The correlation between BAIG and USGG is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 14, 2026	0.52

Return for Risk

BAIG vs. USGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BBAI Daily ETF (BAIG) 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.

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

Sharpe Ratios by Period

	BAIG	USGG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.42	0.90	-1.32

Drawdowns

BAIG vs. USGG - Drawdown Comparison

The maximum BAIG drawdown since its inception was -92.86%, which is greater than USGG's maximum drawdown of -77.74%. Use the drawdown chart below to compare losses from any high point for BAIG and USGG.

Drawdown Indicators

	BAIG	USGG	Difference
Max Drawdown Largest peak-to-trough decline	-92.86%	-77.74%	-15.12%
Current Drawdown Current decline from peak	-85.26%	-36.76%	-48.50%
Average Drawdown Average peak-to-trough decline	-63.01%	-45.97%	-17.04%

Volatility

Volatility by Period

	BAIG	USGG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	180.08%	224.53%	-44.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	180.08%	224.53%	-44.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	180.08%	224.53%	-44.45%

BAIG vs. USGG - Expense Ratio Comparison

BAIG has a 0.78% expense ratio, which is higher than USGG's 0.75% expense ratio.

Dividends

BAIG vs. USGG - Dividend Comparison

BAIG's dividend yield for the trailing twelve months is around 10.38%, while USGG has not paid dividends to shareholders.

Position	TTM	2025
BAIG Leverage Shares 2X Long BBAI Daily ETF	10.38%	5.46%
USGG Leverage Shares 2X Long USAR Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BAIG and USGG in my portfolio?

BAIG and USGG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BAIG 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, BAIG or USGG?

USGG is cheaper with a 0.75% expense ratio, compared with 0.78% for BAIG.

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

BAIG has the higher dividend yield at 10.38%, compared with 0.00% for USGG.

What is the main difference between BAIG and USGG?

Their fees differ too: 0.78% for BAIG and 0.75% for USGG.