Which came closer to its stated multiple, CIEG or CIEX?

Over the window to Sep 11, 2026, CIEG finished 6.1 points from what its multiple implies and CIEX finished 0.2 points from its own, so CIEX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are CIEG and CIEX levered on the same thing?

Yes. Both are levered on CIEN, CIEG at +2 times and CIEX at +2 times the daily move.

Which one decays faster, CIEG or CIEX?

Decay follows how much the underlying moves about. Over this window CIEG’s moved at 76% annualized and CIEX’s at 70%, so CIEG has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold CIEG or CIEX 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, CIEG or CIEX?

CIEG charges 0.75% a year and CIEX charges 1.49%, so CIEG is cheaper. Fees come from each fund's prospectus.

ETFIQetfiq.com · independent ETF data

Data as of Sep 11, 2026.

CIEG vs CIEX: which held to its multiple?

Over the days both have traded, CIEG finished 0.7 points from its stated multiple and CIEX 0.2.

Leverage Shares 2X Long CIEN Daily ETF and Tradr 2X Long CIEN Daily ETF, side by side, leveraged ETFs on ETFIQ.

−49.4%CIEG returned, 3 months

−50.8%CIEX returned, 3 months

−6.1 ptsCIEG from its stated multiple

−2.0 ptsCIEX from its stated multiple

CIEG6.1 pts short of its label · 3 months to Sep 11, 2026

CIEXOn its stated multiple · 1 month to Sep 11, 2026

Performance, window by window

CIEG and CIEX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
Window	Total return		Multiple would give		Difference
Window	CIEG	CIEX	CIEG	CIEX	CIEG	CIEX
1 month	−38.9%	−38.4%	−38.2%	−38.2%	−0.7 pts	−0.2 pts
3 months	−49.4%	not published	−43.2%	not published	−6.1 pts	not published
Since launch	−72.3%	−50.8%	−78.9%	−48.8%	+6.5 pts	−2.0 pts

Open the live comparison on ETFIQ

CIEG and CIEX on the same fields, as of Sep 11, 2026. Source: ETFIQ.
	CIEG Leverage Shares 2X Long CIEN Daily ETF Aims to return twice the daily move of CIEN	CIEX Tradr 2X Long CIEN Daily ETF Aims to return twice the daily move of CIEN
Issuer	Leverage Shares	Tradr
Sets out to return	+2x	+2x
On	CIEN	CIEN
Segment	company	company
Fund returned, 3 months	−49.4%	−38.4%
Underlying returned, 3 months	−21.6%	−19.1%
What the stated multiple implies, 3 months	−43.2%	−38.2%
Difference from stated, 3 months	−6.1 pts	−0.2 pts
Fund returned, 1 year or since launch	−72.3%	−50.8%
Difference from stated, over that window	+6.5 pts	−2.0 pts
Underlying volatility	76%	70%
Difference over the days both have traded	−0.7 pts	−0.2 pts
Expense ratio	0.75%	1.49%
Launched	May 12, 2026	Jul 1, 2026

CIEG in plain words

Three months to Sep 11, 2026: CIEG returned −49.4% where its own daily promise gave −47.0%, 2.4 points short. Read the multiple against the whole window instead and +2 times CIEN's −21.6% implies −43.2%, which makes CIEG look 6.1 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. CIEG aims to return +2 times CIEN'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. CIEN moved at 76% 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.

CIEX in plain words

One month to Sep 11, 2026: CIEX returned −38.4% where its own daily promise gave −37.6%, 0.8 points short. Read the multiple against the whole window instead and +2 times CIEN's −19.1% implies −38.2%, which makes CIEX look 0.2 points short. 0.6 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. CIEX aims to return +2 times CIEN's move each day, then resets. CIEN moved at 70% annualized over that window.

Questions people ask

Which came closer to its stated multiple, CIEG or CIEX?: Over the window to Sep 11, 2026, CIEG finished 6.1 points from what its multiple implies and CIEX finished 0.2 points from its own, so CIEX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are CIEG and CIEX levered on the same thing?: Yes. Both are levered on CIEN, CIEG at +2 times and CIEX at +2 times the daily move.
Which one decays faster, CIEG or CIEX?: Decay follows how much the underlying moves about. Over this window CIEG’s moved at 76% annualized and CIEX’s at 70%, so CIEG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold CIEG or CIEX 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, CIEG or CIEX?: CIEG charges 0.75% a year and CIEX charges 1.49%, so CIEG is cheaper. Fees come from each fund's prospectus.

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.

CIEG against CIEX, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, CIEG against CIEX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/CIEG-CIEX Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources