Leverage Shares 2X Long USAR Daily ETF (USGG): ETF
ETF traded on XNAS under symbol USGG. Quoted in usd.
Leverage Shares 2X Long USAR Daily ETF
USGG is designed for making bullish bets on the stock price of USA Rare Earth, Inc., through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to USAR's daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that should USAR's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if USAR's performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
Largest holdings
- USA RARE EARTH, INC.-SWAP-MREX-L160.63%
- USA RARE EARTH, INC.-SWAP-CLST-L29.89%
- USA RARE EARTH INC SWAP CF9.37%
- First American Treasury Obligations Fund 01/01/20406.73%
- USA RARE EARTH, INC.-SWAP-JNST-L0.12%
- Cash & Other-106.74%
30d
994.02K
60d
778.70K
90d
673.89K