CIFG vs CIFU: which held to its multiple?

Over the days both have traded, CIFG finished 8.1 points from its stated multiple and CIFU 8.2. Leverage Shares 2X Long CIFR Daily ETF and T-REX 2X Long CIFR Daily Target ETF.

−69.5%
CIFG returned, 3 months
−69.6%
CIFU returned, 3 months
−8.1 pts
CIFG from its stated multiple
−8.2 pts
CIFU from its stated multiple
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%

CIFU · 3 months to Sep 30, 20268.2 pts short of its stated multiple
8.2 pts short of its stated multipleCIFU returned −69.6% while 2 times CIFR's move would have been −61.4%CIFR −30.7% ×2 implies−61.4%CIFU returned−69.6%8.2 pts short of its stated multipleCIFU returned −69.6% while 2 times CIFR's move would have been −61.4%CIFR −30.7% ×2 implies−61.4%CIFU returned−69.6%

CIFU returned −69.6% while 2 times CIFR's move would have been −61.4%

ETFIQ Decay Resistance Score · CIFG 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
WindowCIFGCIFUCIFGCIFUCIFGCIFU
1 month−4.4%−4.7%+4.2%+4.2%−8.6 pts−8.8 pts
3 months−69.5%−69.6%−61.4%−61.4%−8.1 pts−8.2 pts
6 months−25.6%−24.2%+50.4%+50.4%−76.0 pts−74.6 pts
Since launch
CIFG Dec 2025 · CIFU Nov 2025
−77.0%−62.6%−32.4%+23.7%−44.6 pts−86.3 pts

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

On the same fields

CIFG
Leverage Shares 2X Long CIFR Daily ETF · Aims to return twice the daily move of Cipher Digital (CIFR)
CIFU
T-REX 2X Long CIFR Daily Target ETF · Aims to return twice the daily move of Cipher Digital (CIFR)
Issuer Leverage Shares T-REX
Sets out to return +2x +2x
Underlying asset CIFR CIFR
Segment company company
Fund returned, 3 months or since launch −69.5% −69.6%
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 −8.1 pts −8.2 pts
Fund returned, 1 year or since launch −77.0% −62.6%
Difference from stated, over that window −44.6 pts −86.3 pts
Underlying volatility 127% 127%
Difference over the days both have traded −8.1 pts −8.2 pts
Expense ratio 0.75% 1.50%
Launched Dec 11, 2025 Nov 21, 2025
Net assets $10m $13m

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

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. 6.3 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. CIFG 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.

CIFU in plain words

Three months to Sep 30, 2026: CIFU returned −69.6% where its own daily promise gave −67.7%, 1.9 points short. Read the multiple against the whole window instead and 2 times CIFR's −30.7% implies −61.4%, which makes CIFU look 8.2 points short. CIFU aims to return +2 times CIFR's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, CIFG or CIFU?
Over the window to Sep 30, 2026, CIFG finished 8.1 points from what its multiple implies and CIFU finished 8.2 points from its own, so CIFG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are CIFG and CIFU levered on the same thing?
Yes. Both are levered on Cipher Digital, CIFG at +2 times and CIFU at +2 times the daily move.
Which one decays faster, CIFG or CIFU?
Decay follows how much the underlying moves about. Over this window CIFG’s moved at 127% annualized and CIFU’s at 127%, so CIFG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold CIFG or CIFU 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, CIFG or CIFU?
CIFG charges 0.75% a year and CIFU charges 1.50%, so CIFG is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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