Data as of .
BMNG vs BMNU: which held to its multiple?
Over the days both have traded, BMNG finished 0.8 points from its stated multiple and BMNU 0.7.
ETFIQ Decay Resistance Score: BMNU scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 391 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| BMNG | BMNU | BMNG | BMNU | BMNG | BMNU | |
| 1 month | +79.0% | +80.6% | +79.8% | +79.8% | −0.8 pts | +0.7 pts |
| 3 months | +93.0% | +93.1% | +110.7% | +110.7% | −17.8 pts | −17.7 pts |
| 6 months | −4.2% | −3.7% | +43.7% | +43.7% | −47.9 pts | −47.4 pts |
| Since launch | −92.2% | −92.5% | −106.8% | −100.8% | +14.6 pts | +8.4 pts |
| BMNG Leverage Shares 2X Long BMNR Daily ETF Aims to return twice the daily move of BMNR | BMNU T-REX 2X LONG BMNR DAILY TARGET ETF Aims to return twice the daily move of BMNR | |
|---|---|---|
| Issuer | Leverage Shares | T-REX |
| Sets out to return | +2x | +2x |
| On | BMNR | BMNR |
| Segment | company | company |
| Fund returned, 3 months | +93.0% | +93.1% |
| Underlying returned, 3 months | +55.4% | +55.4% |
| What the stated multiple implies, 3 months | +110.7% | +110.7% |
| Difference from stated, 3 months | −17.8 pts | −17.7 pts |
| Fund returned, 1 year or since launch | −92.2% | −92.5% |
| Difference from stated, over that window | +14.6 pts | +8.4 pts |
| Underlying volatility | 81% | 81% |
| Difference over the days both have traded | −0.8 pts | +0.7 pts |
| Expense ratio | 0.78% | 1.50% |
| Launched | Oct 27, 2025 | Sep 26, 2025 |
BMNG in plain words
Three months to Sep 11, 2026: BMNG returned +93.0% where its own daily promise gave +107.0%, 14.1 points short. Read the multiple against the whole window instead and +2 times BMNR's 55.4% implies +110.7%, which makes BMNG look 17.8 points short. 3.7 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. BMNG aims to return +2 times BMNR's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. BMNR moved at 81% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
BMNU in plain words
Three months to Sep 11, 2026: BMNU returned +93.1% where its own daily promise gave +107.0%, 14.0 points short. Read the multiple against the whole window instead and +2 times BMNR's 55.4% implies +110.7%, which makes BMNU look 17.7 points short. BMNU aims to return +2 times BMNR's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, BMNG or BMNU?
- Over the window to Sep 11, 2026, BMNG finished 17.8 points from what its multiple implies and BMNU finished 17.7 points from its own, so BMNU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are BMNG and BMNU levered on the same thing?
- Yes. Both are levered on BMNR, BMNG at +2 times and BMNU at +2 times the daily move.
- Which one decays faster, BMNG or BMNU?
- Decay follows how much the underlying moves about. Over this window BMNG’s moved at 81% annualized and BMNU’s at 81%, so BMNG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold BMNG or BMNU for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
- Which is cheaper, BMNG or BMNU?
- BMNG charges 0.78% a year and BMNU charges 1.50%, so BMNG is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BMNG against BMNU, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/BMNG-BMNU Free to use with attribution; the underlying files are at Open data.