USGG vs. URTY

Last updated Jul 17, 2026

USGG (Leverage Shares 2X Long USAR Daily ETF) and URTY (ProShares UltraPro Russell2000) are both Leveraged Equities funds - USGG tracks the USA Rare Earth, Inc. (USAR) while URTY tracks the Russell 2000 Index (300%). Both are passively managed. A 0.54 correlation means they provide meaningful diversification when combined. USGG charges 0.75%/yr vs 0.95%/yr for URTY.

Performance

USGG vs. URTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long USAR Daily ETF (USGG) and ProShares UltraPro Russell2000 (URTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

USGG

• 1D: -16.46%
• 1M: -50.31%
• 6M: -54.22%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

URTY

• 1D: -0.17%
• 1M: 2.54%
• 6M: 25.58%
• YTD: 56.37%
• 1Y: 99.74%
• 3Y*: 23.18%
• 5Y*: -2.06%
• 10Y*: 7.39%

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

USGG vs. URTY - Yearly Performance Comparison

	2026 (YTD)
USGG Leverage Shares 2X Long USAR Daily ETF	-57.10%
URTY ProShares UltraPro Russell2000	31.27%

Correlation

The correlation between USGG and URTY is 0.54, 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 13, 2026	0.54

Return for Risk

USGG vs. URTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

USGG

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

URTY

URTY Risk / Return Rank: 65
URTY Sharpe Ratio Rank: 66
URTY Sortino Ratio Rank: 61
URTY Omega Ratio Rank: 53
URTY Calmar Ratio Rank: 75
URTY Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

USGG vs. URTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long USAR Daily ETF (USGG) and ProShares UltraPro Russell2000 (URTY). 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.

	USGG	URTY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.73	—
Sortino ratio: Return per unit of downside risk	—	2.29	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	3.08	—
Martin ratio: Return relative to average drawdown	—	10.07	—

Drawdowns

USGG vs. URTY - Drawdown Comparison

The maximum USGG drawdown since its inception was -81.13%, smaller than the maximum URTY drawdown of -88.09%. Use the drawdown chart below to compare losses from any high point for USGG and URTY.

Drawdown Indicators

	USGG	URTY	Difference
Max Drawdown Largest peak-to-trough decline	-81.13%	-88.09%	+6.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-32.56%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-65.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-82.76%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-88.09%	—
Current Drawdown Current decline from peak	-81.13%	-35.62%	-45.51%
Average Drawdown Average peak-to-trough decline	-50.09%	-34.79%	-15.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.94%	—

Volatility

Volatility by Period

	USGG	URTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	42.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	217.96%	57.99%	+159.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	217.96%	67.50%	+150.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	217.96%	69.20%	+148.76%

USGG vs. URTY - Expense Ratio Comparison

USGG has a 0.75% expense ratio, which is lower than URTY's 0.95% expense ratio.

Dividends

USGG vs. URTY - Dividend Comparison

USGG has not paid dividends to shareholders, while URTY's dividend yield for the trailing twelve months is around 0.76%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
URTY ProShares UltraPro Russell2000	0.76%	1.02%	1.16%	0.55%	0.28%	0.00%	0.00%	0.18%	0.28%	0.00%	0.03%
USGG Leverage Shares 2X Long USAR Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both USGG and URTY in my portfolio?

USGG and URTY have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USGG or URTY?

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, USGG or URTY?

USGG is cheaper with a 0.75% expense ratio, compared with 0.95% for URTY.

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

URTY has the higher dividend yield at 0.76%, compared with 0.00% for USGG.

What is the main difference between USGG and URTY?

USGG tracks USA Rare Earth, Inc. (USAR), while URTY tracks Russell 2000 Index (300%). They also come from different issuers: Leverage Shares and ProShares. Their fees differ too: 0.75% for USGG and 0.95% for URTY.