MUNB vs USGG

Comparison between NORTHERN TRUST 2035 TAX-EXEMPT DISTRIBUTING LADDER ETF (MUNB, ETF) and Leverage Shares 2X Long USAR Daily ETF (USGG, ETF).

MUNB vs USGG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MUNB(ETF)	USGG(ETF)
Net Assets	$14M	$14M
Expense Ratio	0.18%	N/A
Max Drawdown	3.01%	82.98%
Sharpe Ratio	-1.10	0.25
5Y Beta	0.04	7.15

Net Assets

MUNB

$14M

Winner

USGG

$14M

Expense Ratio

MUNB

0.18%

USGG

N/A

Max Drawdown

Winner

MUNB

3.01%

USGG

82.98%

Sharpe Ratio

MUNB

-1.10

Winner

USGG

0.25

5Y Beta

Winner

MUNB

0.04

USGG

7.15

MUNB vs USGG - Holdings Comparison

MUNB and USGG have 0 common holdings. Overlap is 0.00%

MUNB's top 25 holdings weight is 30.03%. USGG's top 25 holdings weight is 7.03%.

Rank	MUNB	USGG
#1	RACINE CNTY WIS 4% (n/a) - 3.15%	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 7.03%
#2	DISTRICT COLUMBIA 5% (n/a) - 2.29%	N/A
#3	CHIPPEWA VALLEY WIS TECH COLLEGE DIST 4% (n/a) - 1.68%	N/A
#4	NEW MEXICO FIN AUTH REV 5% (n/a) - 1.65%	N/A
#5	DISTRICT COLUMBIA REV 5% (n/a) - 1.52%	N/A
#6	CENTRAL FLA EXPWY AUTH SR LIENREV 5% (n/a) - 1.46%	N/A
#7	WISCONSIN ST 5% (n/a) - 1.28%	N/A
#8	WASHINGTON ST CTFS PARTN 5% (n/a) - 1.21%	N/A
#9	GARDNER KANS 3.5% (n/a) - 1.12%	N/A
#10	WASHINGTON ST 5% (n/a) - 1.10%	N/A
#11	n/a (n/a) - 1.06%	N/A
#12	NEENAH WIS JT SCH DIST 5% (n/a) - 1.02%	N/A
#13	WHEELING ILL 4% (n/a) - 0.97%	N/A
#14	INDIANA ST FIN AUTH REV 5% (n/a) - 0.95%	N/A
#15	TALLAHASSEE FLA CAP BDS 5% (n/a) - 0.94%	N/A
#16	DALLAS FORT WORTH TEX INTL ARPT REV 5% (n/a) - 0.94%	N/A
#17	NEW HAMPSHIRE MUN BD BK 5% (n/a) - 0.92%	N/A
#18	n/a (n/a) - 0.90%	N/A
#19	IDAHO ST BLDG AUTH SALES TAX REV 5% (n/a) - 0.89%	N/A
#20	SUN PRAIRIE WIS 5% (n/a) - 0.85%	N/A
#21	CLARK CNTY NEV SCH DIST 5% (n/a) - 0.84%	N/A
#22	NEW MEXICO FIN AUTH ST TRANSN REV 5% (n/a) - 0.84%	N/A
#23	DUTCHESS CNTY N Y 4% (n/a) - 0.83%	N/A
#24	MEMPHIS TENN 5% (n/a) - 0.82%	N/A
#25	COTTAGE GROVE VLG WIS 5% (n/a) - 0.80%	N/A
Total Holdings	200	1

MUNB vs USGG - Historical Returns

Returns include dividend reinvestment.

Period	MUNB	USGG
1 month	-1.05%	-59.10%
3 months	-1.08%	-68.10%
6 months	-1.08%	-80.20%
1 year	+1.55%	N/A
Max(CAGR)	+1.68%	-81.56%

Winner

MUNB

-1.05%

USGG

-59.10%

Winner

MUNB

-1.08%

USGG

-68.10%

Winner

MUNB

-1.08%

USGG

-80.20%

MUNB

+1.55%

USGG

N/A

Max(CAGR)

Winner

MUNB

+1.68%

USGG

-81.56%

MUNB vs USGG - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	MUNB	USGG
2026	-0.38%	-58.69%
2025	+1.91%	N/A

MUNB vs USGG Drawdown Comparison

The maximum drawdown for MUNB was -2.49%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for USGG was -82.98%, occurring on Jul 23, 2026. This drawdown has not yet recovered.

The current MUNB drawdown is -2.15%. The current USGG drawdown is -82.98%.

Rank	MUNB	USGG
#1	-2.49% Feb 27, 2026 - Mar 27, 2026	-82.98% Jan 26, 2026 - Jul 23, 2026
#2	-0.62% Sep 17, 2025 - Dec 18, 2025	-16.37% Jan 14, 2026 - Jan 20, 2026
#3	-0.16% Jan 15, 2026 - Jan 23, 2026	N/A
#4	-0.11% Jan 12, 2026 - Jan 15, 2026	N/A
#5	-0.06% Sep 11, 2025 - Sep 15, 2025	N/A
#6	-0.03% Feb 9, 2026 - Feb 12, 2026	N/A
#7	-0.03% Feb 17, 2026 - Feb 20, 2026	N/A
#8	-0.02% Dec 19, 2025 - Dec 24, 2025	N/A
#9	-0.02% Aug 20, 2025 - Aug 22, 2025	N/A
#10	-0.00% Jan 27, 2026 - Jan 29, 2026	N/A