CIFC vs CIFG: which held to its multiple?

Over the days both have traded, CIFC finished 7.0 points from its stated multiple and CIFG 8.1. Corgi CIFR 2x Daily ETF and Leverage Shares 2X Long CIFR Daily ETF.

−68.4%
CIFC returned, 3 months
−69.5%
CIFG returned, 3 months
−7.0 pts
CIFC from its stated multiple
−8.1 pts
CIFG from its stated multiple
CIFC · 3 months to Sep 30, 20267 pts short of its stated multiple
7 pts short of its stated multipleCIFC returned −68.4% while 2 times CIFR's move would have been −61.4%CIFR −30.7% ×2 implies−61.4%CIFC returned−68.4%7 pts short of its stated multipleCIFC returned −68.4% while 2 times CIFR's move would have been −61.4%CIFR −30.7% ×2 implies−61.4%CIFC returned−68.4%

CIFC returned −68.4% while 2 times CIFR's move would have been −61.4%

CIFG · 3 months to Sep 30, 20268.1 pts short of its stated multiple
8.1 pts short of its stated multipleCIFG returned −69.5% while 2 times CIFR's move would have been −61.4%CIFR −30.7% ×2 implies−61.4%CIFG returned−69.5%8.1 pts short of its stated multipleCIFG returned −69.5% while 2 times CIFR's move would have been −61.4%CIFR −30.7% ×2 implies−61.4%CIFG returned−69.5%

CIFG returned −69.5% while 2 times CIFR's move would have been −61.4%

ETFIQ Decay Resistance Score · CIFC scores higherDid it keep up with its own daily multiple, compounded day by day?
0.1, the lowest in this set99.9, the highest

A percentile among the 470 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

Total returnMultiple would giveDifference
WindowCIFCCIFGCIFCCIFGCIFCCIFG
1 month−3.8%−4.4%+4.2%+4.2%−8.0 pts−8.6 pts
3 months−68.4%−69.5%−61.4%−61.4%−7.0 pts−8.1 pts
6 monthsnot published−25.6%not published+50.4%not published−76.0 pts
Since launch
CIFC Jun 2026 · CIFG Dec 2025
−73.0%−77.0%−70.8%−32.4%−2.2 pts−44.6 pts

CIFC and CIFG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

CIFC
Corgi CIFR 2x Daily ETF · Aims to return twice the daily move of Cipher Digital (CIFR)
CIFG
Leverage Shares 2X Long CIFR Daily ETF · Aims to return twice the daily move of Cipher Digital (CIFR)
Issuer Corgi Leverage Shares
Sets out to return +2x +2x
Underlying asset CIFR CIFR
Segment company company
Fund returned, 3 months or since launch −68.4% −69.5%
Underlying returned, over that window −30.7% −30.7%
What the stated multiple implies, over that window −61.4% −61.4%
Difference from stated, over that window −7.0 pts −8.1 pts
Fund returned, 1 year or since launch −73.0% −77.0%
Difference from stated, over that window −2.2 pts −44.6 pts
Underlying volatility 127% 127%
Difference over the days both have traded −7.0 pts −8.1 pts
Expense ratio 0.45% 0.75%
Launched Jun 30, 2026 Dec 11, 2025
Net assets $1m $10m

CIFC and CIFG on the same fields, as of Sep 30, 2026. Source: ETFIQ.

CIFC in plain words

Three months to Sep 30, 2026: CIFC returned −68.4% where its own daily promise gave −67.7%, 0.7 points short. Read the multiple against the whole window instead and 2 times CIFR's −30.7% implies −61.4%, which makes CIFC look 7.0 points short. 6.3 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. CIFC aims to return +2 times CIFR'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. CIFR moved at 127% 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.

CIFG in plain words

Three months to Sep 30, 2026: CIFG returned −69.5% where its own daily promise gave −67.7%, 1.8 points short. Read the multiple against the whole window instead and 2 times CIFR's −30.7% implies −61.4%, which makes CIFG look 8.1 points short. CIFG aims to return +2 times CIFR's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, CIFC or CIFG?
Over the window to Sep 30, 2026, CIFC finished 7.0 points from what its multiple implies and CIFG finished 8.1 points from its own, so CIFC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are CIFC and CIFG levered on the same thing?
Yes. Both are levered on Cipher Digital, CIFC at +2 times and CIFG at +2 times the daily move.
Which one decays faster, CIFC or CIFG?
Decay follows how much the underlying moves about. Over this window CIFC’s moved at 127% annualized and CIFG’s at 127%, so CIFC has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold CIFC or CIFG 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, CIFC or CIFG?
CIFC charges 0.45% a year and CIFG charges 0.75%, so CIFC is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, CIFC against CIFG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/cifc-vs-cifg

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.