USGG vs. GLGG
USGG (Leverage Shares 2X Long USAR Daily ETF) and GLGG (Leverage Shares 2X Long GLXY Daily ETF) are both Leveraged Equities funds from Leverage Shares. USGG is passively managed, while GLGG is actively managed. At a 0.39 correlation, their price movements are largely independent. USGG charges 0.75%/yr vs 0.76%/yr for GLGG.
Performance
USGG vs. GLGG - Performance Comparison
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Returns By Period
USGG
- 1D
- -10.14%
- 1M
- -27.15%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLGG
- 1D
- -10.59%
- 1M
- 8.36%
- YTD
- 13.56%
- 6M
- -7.70%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USGG vs. GLGG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
USGG Leverage Shares 2X Long USAR Daily ETF | -5.41% |
GLGG Leverage Shares 2X Long GLXY Daily ETF | -10.86% |
Correlation
The correlation between USGG and GLGG is 0.39, 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 | 0.39 |
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Return for Risk
USGG vs. GLGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long USAR Daily ETF (USGG) and Leverage Shares 2X Long GLXY Daily ETF (GLGG). 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.
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Drawdowns
USGG vs. GLGG - Drawdown Comparison
The maximum USGG drawdown since its inception was -77.74%, smaller than the maximum GLGG drawdown of -90.66%. Use the drawdown chart below to compare losses from any high point for USGG and GLGG.
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Drawdown Indicators
| USGG | GLGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.74% | -90.66% | +12.92% |
Current DrawdownCurrent decline from peak | -58.39% | -74.77% | +16.38% |
Average DrawdownAverage peak-to-trough decline | -47.00% | -58.54% | +11.54% |
Volatility
USGG vs. GLGG - Volatility Comparison
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Volatility by Period
| USGG | GLGG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 224.62% | 181.73% | +42.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 224.62% | 181.73% | +42.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 224.62% | 181.73% | +42.89% |
USGG vs. GLGG - Expense Ratio Comparison
USGG has a 0.75% expense ratio, which is lower than GLGG's 0.76% expense ratio.
Dividends
USGG vs. GLGG - Dividend Comparison
Neither USGG nor GLGG has paid dividends to shareholders.
Frequently Asked Questions
USGG and GLGG have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
USGG is cheaper with a 0.75% expense ratio, compared with 0.76% for GLGG.
USGG and GLGG have nearly identical dividend yields, around 0.00%.
Their fees differ too: 0.75% for USGG and 0.76% for GLGG.
Find the right allocation for USGG and GLGG
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