Leverage Shares 2X Long Usar Daily ETF (USGG US)
USGG US$2.07
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 2.07
- Change
- ▲ 0.03 (1.47)
- Bid / Ask
- 2.06 - 2.09
- Volume
- 99,925
- Turnover
- 194,161
- Open
- 2.05
- Day Range
- 1.84 - 2.07
- VWAP
- 1.96
- Prev Close
- 2.04
- Last Trade
- 28/10 3:56pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$7.9M
OCT 2026
Distributions
Annually
Since inception
0.8 yrs
JAN 2026
- Legal name
- Leverage Shares 2X Long USAR Daily ETF
- Issuer
- Themes ETF Trust
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- Trading--Leveraged Equity
- Category index
- S&P 500 (TR) (1970)
- Benchmark
- N/A
- ETF net assets
- $7.9M
- Units on issue
- 4.7M
- Management fee
- 0.75% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 12 JAN 2026
- Listed
- 13 JAN 2026
Objective and strategy
The investment seeks daily levered investment results, before fees and expenses, of two times (200%) of the daily percentage change in the price of the common stock of USAR. The fund will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the fund and the financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on an investment by The fund invests in the Underlying Security that is equal, on a daily basis, to 200% of the value of the fund’s net assets. The fund is non-diversified.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 0.00%Non-US equity 200.63%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 200.63 | 200.63 | 0.00 |
| Bond | 0.00 | 0.00 | 0.00 |
| Cash | -84.53 | 147.88 | 232.41 |
| Other | -16.10 | 0.00 | 16.10 |
Portfolio statistics · 20 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Assets in top 10
- 200.63%
Top holdings · top 10 = 100.00% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| USA RARE EARTH INC SWAP MAREX | 161.78 | — | 19.1M | USD | 1.4M | — | — | |
| USA RARE EARTH INC SWAP CS | 30.59 | — | 3.6M | USD | 256,773 | — | — | |
| First American Treasury Obligs X FXFXX | 9.98 | — | 1.2M | USD | 1.2M | — | United States | |
| USA RARE EARTH INC SWAP CF | 7.46 | SEP 2026 | 881,408 | USD | 62,600 | — | — | |
| USA RARE EARTH INC.-SWAP-JNST-L | 0.12 | — | 14,263 | USD | 1,013 | — | — | |
| Cash Offset | -216.11 | — | -25.5M | — | 25.5M | — | — | |
| US DOLLARS | 109.20 | — | 12.9M | USD | 12.9M | — | — | |
| OTHER ASSETS AND LIABILITIES | -3.01 | — | -356,068 | USD | 356,068 | — | — |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
-40.3
3M
-65.4
6M
-49.3
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -40.25 | -40.04 | — | — |
| 3 months | -65.42 | -65.31 | — | — |
| 6 months | -49.33 | -49.14 | — | — |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.75% p.a.
- PDS dated
- 12 JAN 2026
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
- Category average
- 9.42%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Dingxun(Kevin) Shao
- Calvin Tsang
- Paul Bartkowiak
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 3
- Average tenure
- 0.8 years
- Longest tenure
- 0.8 years
- Longest serving
- Dingxun(Kevin) Shao, Calvin Tsang, Paul Bartkowiak · since 12 JAN 2026
- Most recent appointment
- Dingxun(Kevin) Shao, Calvin Tsang, Paul Bartkowiak · since 12 JAN 2026
- Managed since
- 12 JAN 2026
- Other funds managed
- 197
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
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