{"url":"https://etfiq.com/compare/leverage/cbrg-vs-cbrx","section":"compare","title":"CBRG vs CBRX: which held to its multiple? | ETFIQ","description":"CBRG sets out to return +2 times CBRS each day and CBRX +2 times. Over the three months to Sep 30, 2026 they finished \u221214.1 pts and \u221213.3 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, CBRG or CBRX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, CBRG finished 14.1 points from what its multiple implies and CBRX finished 13.3 points from its own, so CBRX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are CBRG and CBRX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Cerebras Systems, CBRG at +2 times and CBRX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, CBRG or CBRX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window CBRG\u2019s moved at 108% annualized and CBRX\u2019s at 108%, so CBRG has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold CBRG or CBRX 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, CBRG or CBRX?","acceptedAnswer":{"@type":"Answer","text":"CBRG charges 0.75% a year and CBRX charges 1.49%, so CBRG 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":"CBRG vs CBRX","item":"https://etfiq.com/compare/leverage/cbrg-vs-cbrx"}]},{"@type":"WebPage","name":"CBRG vs CBRX: which held to its multiple?","description":"CBRG sets out to return +2 times CBRS each day and CBRX +2 times. Over the three months to Sep 30, 2026 they finished \u221214.1 pts and \u221213.3 pts away.","url":"https://etfiq.com/compare/leverage/cbrg-vs-cbrx","dateModified":"2026-09-30","abstract":"Over the days both have traded, CBRG finished 14.1 points from its stated multiple and CBRX 13.3.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of CBRG and CBRX","description":"CBRG sets out to return +2 times CBRS each day and CBRX +2 times. Over the three months to Sep 30, 2026 they finished \u221214.1 pts and \u221213.3 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/cbrg-vs-cbrx","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":6389,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / CBRG vs CBRX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n CBRG vs CBRX: which held to its multiple?\n\n Over the days both have traded, CBRG finished 14.1 points from its stated multiple and CBRX 13.3.\n Copy this for sharing \n \n Leverage Shares 2X Long CBRS Daily ETF and Tradr 2X Long CBRS Daily ETF.\n\n Download as PDF \n\n \u221253.5% CBRG returned, 3 months \n \u221252.7% CBRX returned, 3 months \n \u221214.1 pts CBRG from its stated multiple \n \u221213.3 pts CBRX from its stated multiple \n\n ETFIQ Decay Resistance Score: CBRX scores higher\n Did it keep","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/cbrg-vs-cbrx","a":{"ticker":"CBRG","name":"Leverage Shares 2X Long CBRS Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: CBRG returned \u221253.5% where its own daily promise gave \u221251.5%, 2.0 points short.","url":"https://etfiq.com/funds/cbrg","key_facts":[{"label":"What CBRS did","value":"\u221219.7%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221251.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221253.5%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.0 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$72m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.75%","as_of":"2026-09-30","source":"485BPOS XBRL, May 12, 2026"}]},"b":{"ticker":"CBRX","name":"Tradr 2X Long CBRS Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: CBRX returned \u221252.7% where its own daily promise gave \u221251.5%, 1.2 points short.","url":"https://etfiq.com/funds/cbrx","key_facts":[{"label":"What CBRS did","value":"\u221219.7%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221251.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221252.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$10m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.49%","as_of":"2026-09-30","source":"485BPOS XBRL, May 27, 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/cbrg-vs-cbrx"}