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UECG

GradeCNASDAQ Global Market

Leverage Shares 2x Long UEC Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2026-02-10

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$3.21−0.19 (−5.72%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Feb 10, 2026.History starts Feb 10, 2026.
Intraday session: down, 36 prints from 3.40 to 3.21. Range 3.10 to 3.32. Use the arrow keys to read each point.$3.10$3.15$3.25$3.3010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1M
1Y return
—
Yield · Last 12 months
—
Holdings
5
Volume · 30D
0.1M sh
NAV per share
$3.24
52W range
low $2.81high $15.46

The ETF.net UECG Grade

C

40/ 100

Rank 203 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for UECG. Scores out of 100: Cost 67, Risk 34, Mission 74, Tradability 35, Holdings not scored, Durability 39. Strongest: Mission (74). Weakest: Risk (34). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned50This cap took−10Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank158/380 · top 42%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 74
    Category rank135/147 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 34
    Category rank208/285 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 35
    Category rank252/380 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 39
    Category rank249/380 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on UECG

ETF.net Research

CA 2x daily play on a single uranium name, Uranium Energy Corp., in an ETF wrapper. Leverage Shares resets the exposure every trading day and charges 0.75%, below the going rate in the leveraged single-stock crowd.

Stated mandate

The fund seeks daily results equal to 200% (2x) of the daily performance of Uranium Energy Corp. stock, before fees and expenses.

Why people hold it

  1. 010.75% expense ratio, under the typical fee among leveraged single-stock ETFs, and the same price as the issuer's best-regarded siblings (UNHG, ASMG).
  2. 022x, not 3x. Half the daily amplification of the most aggressive single-stock products, in both directions.
  3. 03Magnified exposure to one uranium miner's daily move without a margin account or an options position. The leverage lives inside the fund.
  4. 04Cheaper than the 2x single-stock funds from Direxion (GGLL, AAPU at 0.96%), which sit at the top of this peer group.

Worth knowing

  1. 01The 2x target applies to one day. Hold longer and the result follows the compounding path of daily moves, which can diverge sharply from 2x the stock's move.
  2. 02One stock, doubled. No diversification to cushion a bad headline at the underlying company, and the fund has not paid distributions.
  3. 03A 2026 launch with a small asset base and moderate trading, so spreads can be wider than at the household-name funds in the category.

UECG Holdings

As of Sep 21, 2026, 6:59 PM
Asset class
Stocks
Holdings
5
Top-10 weight
209%
Largest holding
URANIUM ENERGY CORP SWAP - L - MAREX136.3%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—URANIUM ENERGY CORP SWAP - L - MAREX136.27%245,600$3M1
002—URANIUM ENERGY CORP SWAP - L - CLEARSTREET55.45%99,938$1M1
003—First American Treasury Obligations Fund 01/01/20409.19%211,250$211K147
004—URANIUM ENERGY CORP SWAP - L - CANTOR6.27%11,300$144K1
005—URANIUM ENERGY CORP.-SWAP-JNST-L2.02%3,632$46K1

Showing 1–5 of 5 holdings

UECG Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

UECG$7,079
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. UECG $7,079. SPY $10,415. Use the arrow keys to read each point.$5,380$9,335$13,290Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for UECG. Periods over one year show the average yearly return.
PeriodUECG
Year to dateFund launched this year—
1 month−36.9%
3 months−29.2%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for UECG
YearReturn barUECG
2026 YTD−75.1%

Since listing, Feb 10, 2026

UECG in the news

ETF.net Research hasn’t filed on UECG yet — coverage lands here as it’s written.

UECG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Feb 2026. No distributions yet.

UECG Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Feb 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Feb 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Feb 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
3.01
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

UECG Cost

Expense ratio0.75%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

85 of the 329 Single-Stock Long Leveraged funds charge less.

UECG costs $75.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.