UECG vs. NIOG

Last updated Jun 4, 2026

UECG (Leverage Shares 2X Long UEC Daily ETF) and NIOG (Leverage Shares 2X Long NIO Daily ETF) are both Leveraged Equities funds from Leverage Shares - UECG tracks the Uranium Energy Corp. (UEC) while NIOG tracks the NIO Inc. (NIO). Both are passively managed. At a 0.34 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

UECG vs. NIOG - Performance Comparison

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

Returns By Period

UECG

• 1D: -17.04%
• 1M: -16.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NIOG

• 1D: -8.37%
• 1M: -14.00%
• YTD: 5.09%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UECG vs. NIOG - Yearly Performance Comparison

	2026 (YTD)
UECG Leverage Shares 2X Long UEC Daily ETF	-41.23%
NIOG Leverage Shares 2X Long NIO Daily ETF	14.41%

Correlation

The correlation between UECG and NIOG is 0.34, 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 Feb 11, 2026	0.34

Return for Risk

UECG vs. NIOG - Risk-Adjusted Trends Comparison

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

	UECG	NIOG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.55	0.21	-0.76

Drawdowns

UECG vs. NIOG - Drawdown Comparison

The maximum UECG drawdown since its inception was -56.21%, which is greater than NIOG's maximum drawdown of -45.19%. Use the drawdown chart below to compare losses from any high point for UECG and NIOG.

Drawdown Indicators

	UECG	NIOG	Difference
Max Drawdown Largest peak-to-trough decline	-56.21%	-45.19%	-11.02%
Current Drawdown Current decline from peak	-41.23%	-34.15%	-7.08%
Average Drawdown Average peak-to-trough decline	-30.26%	-19.65%	-10.61%

Volatility

Volatility by Period

	UECG	NIOG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	151.53%	120.05%	+31.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	151.53%	120.05%	+31.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	151.53%	120.05%	+31.48%

UECG vs. NIOG - Expense Ratio Comparison

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

Dividends

UECG vs. NIOG - Dividend Comparison

Neither UECG nor NIOG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both UECG and NIOG in my portfolio?

UECG and NIOG have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UECG or NIOG?

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, UECG or NIOG?

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

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

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

What is the main difference between UECG and NIOG?

UECG tracks Uranium Energy Corp. (UEC), while NIOG tracks NIO Inc. (NIO).