COIA vs COIG: which held to its multiple?

Over the days both have traded, COIA finished 20.0 points from its stated multiple and COIG 20.1. ProShares Ultra COIN and Leverage Shares 2X Long COIN Daily ETF.

+14.1%
COIA returned, 3 months
+14.0%
COIG returned, 3 months
−20.0 pts
COIA from its stated multiple
−20.1 pts
COIG from its stated multiple
COIA · 3 months to Sep 30, 202620 pts short of its stated multiple
20 pts short of its stated multipleCOIA returned +14.1% while 2 times COIN's move would have been +34.1%COIN +17.1% ×2 implies+34.1%COIA returned+14.1%20 pts short of its stated multipleCOIA returned +14.1% while 2 times COIN's move would have been +34.1%COIN +17.1% ×2 implies+34.1%COIA returned+14.1%

COIA returned +14.1% while 2 times COIN's move would have been +34.1%

COIG · 3 months to Sep 30, 202620.1 pts short of its stated multiple
20.1 pts short of its stated multipleCOIG returned +14.0% while 2 times COIN's move would have been +34.1%COIN +17.1% ×2 implies+34.1%COIG returned+14.0%20.1 pts short of its stated multipleCOIG returned +14.0% while 2 times COIN's move would have been +34.1%COIN +17.1% ×2 implies+34.1%COIG returned+14.0%

COIG returned +14.0% while 2 times COIN's move would have been +34.1%

ETFIQ Decay Resistance Score · COIA 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
WindowCOIACOIGCOIACOIGCOIACOIG
1 month−8.4%−8.5%−1.8%−1.8%−6.6 pts−6.7 pts
3 months+14.1%+14.0%+34.1%+34.1%−20.0 pts−20.1 pts
6 months−17.3%−17.2%+15.5%+15.5%−32.8 pts−32.8 pts
1 year−85.1%−84.9%−89.5%−89.5%+4.4 pts+4.6 pts
Since launch
COIA Sep 2025 · COIG Mar 2025
−83.4%−64.8%−81.8%+3.6%−1.6 pts−68.4 pts

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

On the same fields

COIA
ProShares Ultra COIN · Aims to return twice the daily move of Coinbase Global (COIN)
COIG
Leverage Shares 2X Long COIN Daily ETF · Aims to return twice the daily move of Coinbase Global (COIN)
Issuer ProShares Leverage Shares
Sets out to return +2x +2x
Underlying asset COIN COIN
Segment company company
Fund returned, 3 months or since launch +14.1% +14.0%
Underlying returned, over that window +17.1% +17.1%
What the stated multiple implies, over that window +34.1% +34.1%
Difference from stated, over that window −20.0 pts −20.1 pts
Fund returned, 1 year or since launch −85.1% −84.9%
Difference from stated, over that window +4.4 pts +4.6 pts
Underlying volatility 75% 75%
Difference over the days both have traded −20.0 pts −20.1 pts
Expense ratio 0.95% 0.78%
Launched Sep 10, 2025 Mar 14, 2025
Net assets $646,461 $11m

COIA and COIG on the same fields, as of Sep 30, 2026. Source: ETFIQ.

COIA in plain words

Three months to Sep 30, 2026: COIA returned +14.1% where its own daily promise gave +19.5%, 5.4 points short. Read the multiple against the whole window instead and 2 times COIN's 17.1% implies +34.1%, which makes COIA look 20.0 points short. 14.6 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. COIA aims to return +2 times COIN'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. COIN moved at 75% 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.

COIG in plain words

Three months to Sep 30, 2026: COIG returned +14.0% where its own daily promise gave +19.5%, 5.5 points short. Read the multiple against the whole window instead and 2 times COIN's 17.1% implies +34.1%, which makes COIG look 20.1 points short. COIG aims to return +2 times COIN's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, COIA or COIG?
Over the window to Sep 30, 2026, COIA finished 20.0 points from what its multiple implies and COIG finished 20.1 points from its own, so COIA came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are COIA and COIG levered on the same thing?
Yes. Both are levered on Coinbase Global, COIA at +2 times and COIG at +2 times the daily move.
Which one decays faster, COIA or COIG?
Decay follows how much the underlying moves about. Over this window COIA’s moved at 75% annualized and COIG’s at 75%, so COIA has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold COIA or COIG 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, COIA or COIG?
COIA charges 0.95% a year and COIG charges 0.78%, so COIG is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, COIA against COIG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/coia-vs-coig

Open data

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