Leverage Shares 2X Long USAR Daily ETF (USGG)

The Leverage Shares 2X Long USAR Daily ETF is a leveraged single-stock fund from Leverage Shares, offered in the U.S. through the Themes ETFs platform. It seeks daily investment results equal to two times the daily performance of the common stock of USA Rare Earth, Inc. (USAR), which is building U.S.-based rare earth magnet production and developing a rare earth deposit in Texas.

The fund obtains its leveraged exposure mainly through swap agreements. The 2x objective applies to a single trading day, and daily compounding means returns over longer periods can differ substantially from twice the stock's return.

The fund is intended for short-term traders seeking magnified bullish exposure to one company.