Leverage Shares 2X Long NU Daily (NUG) ETF Holdings & Analysis

What NUG does

NUG is an exchange-traded fund designed to provide leveraged exposure to the daily performance of Nu Holdings (NYSE: NU) stock. Its primary goal is to generate returns equivalent to 200% of NU's daily price movements, essentially doubling a bullish bet on the stock. This 2x daily leverage is maintained primarily through swap agreements and daily rebalancing, where the fund adjusts its holdings in response to NU's price fluctuations. In addition to swaps, the fund may also employ a synthetic forward options strategy, depending on market conditions and operational considerations, to achieve its objective. It's crucial to understand that NUG is structured as a short-term, tactical trading instrument, not a long-term investment. Due to the effects of compounding, holding the fund for longer than a single day can lead to returns deviating significantly from the targeted 2x daily multiplier. Investors should be aware that NUG is a high-risk product with no inherent defensive mechanisms. A substantial decline in NU's stock value, specifically exceeding 50% relative to the fund, could result in a complete loss of principal for investors. Furthermore, even if Nu Holdings' stock shows overall positive performance over an extended period, the fund itself may still incur losses over time due to various factors inherent in leveraged products.

Fund profile

Top holdings

Geographic allocation

PortView Portfolio Insights

PortView analyzes how NUG fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does NUG track?

NUG is the Leverage Shares 2X Long NU Daily ETF, a Other ETF.

What is the expense ratio of NUG?

Expense ratio data for NUG is shown on the page when available from our data provider.

What are the largest holdings in NUG?

Top holdings include NU HLDGS LTD SWAP CS, Cash & Other, NU HLDGS LTD SWAP CF, NU HLDGS LTD SWAP MAR, First American Treasury Obligations Fund 01/01/2040.

How can PortView analyze NUG overlap with other ETFs?

PortView computes the holdings overlap between NUG and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.