USGG vs. WDCX

Last updated Jun 4, 2026

USGG (Leverage Shares 2X Long USAR Daily ETF) and WDCX (Tradr 2X Long WDC Daily ETF) are both Leveraged Equities funds - USGG tracks the USA Rare Earth, Inc. (USAR) while WDCX tracks the Western Digital Corporation (WDC). Both are passively managed. At a 0.29 correlation, their price movements are largely independent. USGG charges 0.75%/yr vs 1.49%/yr for WDCX.

Performance

USGG vs. WDCX - Performance Comparison

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

Returns By Period

USGG

• 1D: -17.96%
• 1M: 7.54%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WDCX

• 1D: 11.34%
• 1M: 74.95%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USGG vs. WDCX - Yearly Performance Comparison

	2026 (YTD)
USGG Leverage Shares 2X Long USAR Daily ETF	-30.07%
WDCX Tradr 2X Long WDC Daily ETF	346.72%

Correlation

The correlation between USGG and WDCX is 0.29, 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 28, 2026	0.29

Return for Risk

USGG vs. WDCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long USAR Daily ETF (USGG) and Tradr 2X Long WDC Daily ETF (WDCX). 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

	USGG	WDCX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	48.43	-47.26

Drawdowns

USGG vs. WDCX - Drawdown Comparison

The maximum USGG drawdown since its inception was -77.74%, which is greater than WDCX's maximum drawdown of -38.58%. Use the drawdown chart below to compare losses from any high point for USGG and WDCX.

Drawdown Indicators

	USGG	WDCX	Difference
Max Drawdown Largest peak-to-trough decline	-77.74%	-38.58%	-39.16%
Current Drawdown Current decline from peak	-32.40%	0.00%	-32.40%
Average Drawdown Average peak-to-trough decline	-46.06%	-9.67%	-36.39%

Volatility

Volatility by Period

	USGG	WDCX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	225.33%	148.88%	+76.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	225.33%	148.88%	+76.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	225.33%	148.88%	+76.45%

USGG vs. WDCX - Expense Ratio Comparison

USGG has a 0.75% expense ratio, which is lower than WDCX's 1.49% expense ratio.

Dividends

USGG vs. WDCX - Dividend Comparison

Neither USGG nor WDCX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both USGG and WDCX in my portfolio?

USGG and WDCX have a correlation of 0.29, 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 WDCX?

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 WDCX?

USGG is cheaper with a 0.75% expense ratio, compared with 1.49% for WDCX.

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

USGG and WDCX have nearly identical dividend yields, around 0.00%.

What is the main difference between USGG and WDCX?

USGG tracks USA Rare Earth, Inc. (USAR), while WDCX tracks Western Digital Corporation (WDC). They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for USGG and 1.49% for WDCX.