---
ticker: "USGG"
name: "Themes ETF Trust - Leverage Shares 2X Long USAR Daily ETF"
url: "https://etf.net/etf/USGG"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "Single-Stock Long Leveraged"
category_rank: "52 of 380"
methodology: "https://etf.net/methodology"
---

# USGG: Themes ETF Trust - Leverage Shares 2X Long USAR Daily ETF

Grade **B**, Score 57 of 100. Rank 52 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 | 31 | 278 of 363 |
| Tradability | 66 | 98 of 380 |
| Holdings | Not scored | — |
| Durability | 50 | 188 of 380 |

## Top holdings

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

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Usa Rare Earth Inc Swap Marex | 152.96% |
| 2 | — | Usa Rare Earth Inc Swap Cs | 39.12% |
| 3 | — | Usa Rare Earth Inc Swap Cf | 7.81% |
| 4 | — | First American Treasury Obligations Fund 01/01/2040 | 7.26% |
| 5 | — | Usa Rare Earth, Inc.-Swap-Jnst-L | 0.12% |

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