{"url":"https://etfiq.com/compare/leverage/bmng-vs-bmnu","section":"compare","title":"BMNG vs BMNU: which held to its multiple? | ETFIQ","description":"BMNG sets out to return +2 times BMNR each day and BMNU +2 times. Over the three months to Sep 30, 2026 they finished +2.8 pts and +3.2 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, BMNG or BMNU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, BMNG finished 2.8 points from what its multiple implies and BMNU finished 3.2 points from its own, so BMNG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are BMNG and BMNU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on BitMine Immersion Technologies, BMNG at +2 times and BMNU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, BMNG or BMNU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window BMNG\u2019s moved at 81% annualized and BMNU\u2019s at 81%, so BMNG has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold BMNG or BMNU for a year?","acceptedAnswer":{"@type":"Answer","text":"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\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, BMNG or BMNU?","acceptedAnswer":{"@type":"Answer","text":"BMNG charges 0.78% a year and BMNU charges 1.50%, so BMNG is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"BMNG vs BMNU","item":"https://etfiq.com/compare/leverage/bmng-vs-bmnu"}]},{"@type":"WebPage","name":"BMNG vs BMNU: which held to its multiple?","description":"BMNG sets out to return +2 times BMNR each day and BMNU +2 times. Over the three months to Sep 30, 2026 they finished +2.8 pts and +3.2 pts away.","url":"https://etfiq.com/compare/leverage/bmng-vs-bmnu","dateModified":"2026-09-30","abstract":"Over the days both have traded, BMNG finished 9.3 points from its stated multiple and BMNU 8.3.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of BMNG and BMNU","description":"BMNG sets out to return +2 times BMNR each day and BMNU +2 times. Over the three months to Sep 30, 2026 they finished +2.8 pts and +3.2 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/bmng-vs-bmnu","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6606,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / BMNG vs BMNU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n BMNG vs BMNU: which held to its multiple?\n\n Over the days both have traded, BMNG finished 9.3 points from its stated multiple and BMNU 8.3.\n Copy this for sharing \n \n Leverage Shares 2X Long BMNR Daily ETF and T-REX 2X LONG BMNR DAILY TARGET ETF.\n\n Download as PDF \n\n +176.3% BMNG returned, 3 months \n +176.8% BMNU returned, 3 months \n +2.8 pts BMNG from its stated multiple \n +3.2 pts BMNU from its stated multiple \n\n ETFIQ Decay Resistance Score: BMNU scores higher\n Did it","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/bmng-vs-bmnu","a":{"ticker":"BMNG","name":"Leverage Shares 2X Long BMNR Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: BMNG returned +176.3% where its own daily promise gave +198.0%, 21.7 points short.","url":"https://etfiq.com/funds/bmng","key_facts":[{"label":"What BMNR did","value":"+86.8%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+198.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+176.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u221221.7 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$55m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.78%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 27, 2026"}]},"b":{"ticker":"BMNU","name":"T-REX 2X LONG BMNR DAILY TARGET ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: BMNU returned +176.8% where its own daily promise gave +198.0%, 21.2 points short.","url":"https://etfiq.com/funds/bmnu","key_facts":[{"label":"What BMNR did","value":"+86.8%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+198.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+176.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u221221.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$419m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"1.50%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 30, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/bmng-vs-bmnu"}