NIOG vs. UUUG

Last updated Jun 25, 2026

NIOG (Leverage Shares 2X Long NIO Daily ETF) and UUUG (Leverage Shares 2X Long UUUU Daily ETF) are both Leveraged Equities funds from Leverage Shares - NIOG tracks the NIO Inc. (NIO) while UUUG tracks the Energy Fuels Inc. (UUUU). Both are passively managed. At a 0.21 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

NIOG vs. UUUG - Performance Comparison

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

Returns By Period

NIOG

• 1D: -6.74%
• 1M: -14.17%
• YTD: -24.92%
• 6M: -20.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UUUG

• 1D: -5.74%
• 1M: -36.67%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NIOG vs. UUUG - Yearly Performance Comparison

	2026 (YTD)
NIOG Leverage Shares 2X Long NIO Daily ETF	-16.66%
UUUG Leverage Shares 2X Long UUUU Daily ETF	-63.51%

Correlation

The correlation between NIOG and UUUG is 0.21, 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 Jan 13, 2026	0.21

Return for Risk

NIOG vs. UUUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NIO Daily ETF (NIOG) and Leverage Shares 2X Long UUUU Daily ETF (UUUG). 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

NIOG vs. UUUG - Drawdown Comparison

The maximum NIOG drawdown since its inception was -52.95%, smaller than the maximum UUUG drawdown of -83.65%. Use the drawdown chart below to compare losses from any high point for NIOG and UUUG.

Drawdown Indicators

	NIOG	UUUG	Difference
Max Drawdown Largest peak-to-trough decline	-52.95%	-83.65%	+30.70%
Current Drawdown Current decline from peak	-52.95%	-80.82%	+27.87%
Average Drawdown Average peak-to-trough decline	-22.49%	-54.40%	+31.91%

Volatility

Volatility by Period

	NIOG	UUUG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	115.64%	188.94%	-73.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	115.64%	188.94%	-73.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	115.64%	188.94%	-73.30%

NIOG vs. UUUG - Expense Ratio Comparison

Both NIOG and UUUG have an expense ratio of 0.75%.

Dividends

NIOG vs. UUUG - Dividend Comparison

Neither NIOG nor UUUG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both NIOG and UUUG in my portfolio?

NIOG and UUUG have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NIOG or UUUG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NIOG or UUUG?

NIOG and UUUG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, NIOG or UUUG?

NIOG and UUUG have nearly identical dividend yields, around 0.00%.

What is the main difference between NIOG and UUUG?

NIOG tracks NIO Inc. (NIO), while UUUG tracks Energy Fuels Inc. (UUUU).