---
ticker: "NIOG"
name: "Themes ETF Trust - Leverage Shares 2x Long NIO Daily ETF"
url: "https://etf.net/etf/NIOG"
grade: "C"
score: 40
graded_at: "2026-10-12"
category: "Single-Stock Long Leveraged"
category_rank: "131 of 380"
methodology: "https://etf.net/methodology"
---

# NIOG: Themes ETF Trust - Leverage Shares 2x Long NIO Daily ETF

Grade **C**, Score 40 of 100. Rank 131 of 380 in Single-Stock Long Leveraged.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 67 | 87 of 380 |
| Mission | Not scored | — |
| Risk | 44 | 202 of 363 |
| Tradability | 44 | 218 of 380 |
| Holdings | Not scored | — |
| Durability | 45 | 216 of 380 |

## Top holdings

The fund holds 5 positions. These are the largest 5, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Nio Inc Swap Cs | 169.08% |
| 2 | — | Nio Inc Swap Mar | 22.92% |
| 3 | — | First American Treasury Obligations Fund 01/01/2040 | 10.60% |
| 4 | — | Nio Inc.-Swap-Jnst-L | 6.22% |
| 5 | — | Nio Inc Swap Cf | 1.75% |

Source: etf.net, https://etf.net/etf/NIOG. Please cite the page URL.