UUUG vs. USGG

Last updated Aug 1, 2026

UUUG (Leverage Shares 2X Long UUUU Daily ETF) and USGG (Leverage Shares 2X Long USAR Daily ETF) are both Leveraged Equities funds from Leverage Shares - UUUG tracks the Energy Fuels Inc. (UUUU) while USGG tracks the USA Rare Earth, Inc. (USAR). Both are passively managed. Their 0.69 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.75% expense ratio.

Performance

UUUG vs. USGG - Performance Comparison

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

Returns By Period

UUUG

• 1D: -4.63%
• 1M: -34.44%
• 6M: -83.34%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

USGG

• 1D: 3.55%
• 1M: -43.38%
• 6M: -76.34%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
USGG Leverage Shares 2X Long USAR Daily ETF	$1.27M	$1.44M	$4.05M
UUUG Leverage Shares 2X Long UUUU Daily ETF	$740.46K	$1.08M	$3.16M

UUUG vs. USGG - Yearly Performance Comparison

	2026 (YTD)
UUUG Leverage Shares 2X Long UUUU Daily ETF	-80.06%
USGG Leverage Shares 2X Long USAR Daily ETF	-63.54%

Correlation

The correlation between UUUG and USGG is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026	0.69

Return for Risk

UUUG vs. USGG - Risk-Adjusted Trends Comparison

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

UUUG vs. USGG - Drawdown Comparison

The maximum UUUG drawdown since its inception was -90.71%, roughly equal to the maximum USGG drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for UUUG and USGG.

Drawdown Indicators

	UUUG	USGG	Difference
Max Drawdown Largest peak-to-trough decline	-90.71%	-87.55%	-3.16%
Current Drawdown Current decline from peak	-89.52%	-83.96%	-5.56%
Average Drawdown Average peak-to-trough decline	-60.42%	-52.76%	-7.66%

Volatility

Volatility by Period

	UUUG	USGG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	178.17%	215.15%	-36.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	178.17%	215.15%	-36.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	178.17%	215.15%	-36.98%

UUUG vs. USGG - Expense Ratio Comparison

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

Dividends

UUUG vs. USGG - Dividend Comparison

Neither UUUG nor USGG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both UUUG and USGG in my portfolio?

UUUG and USGG have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UUUG or USGG?

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, UUUG or USGG?

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

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

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

What is the main difference between UUUG and USGG?

UUUG tracks Energy Fuels Inc. (UUUU), while USGG tracks USA Rare Earth, Inc. (USAR).