{"url":"https://etfiq.com/compare/leverage/hygd-vs-hygu","section":"compare","title":"HYGD vs HYGU: which held to its multiple? | ETFIQ","description":"HYGD sets out to return -3 times HYG each day and HYGU +3 times. Over the month to Sep 30, 2026 they finished +0.5 pts and \u22121.0 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, HYGD or HYGU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, HYGD finished 0.5 points from what its multiple implies and HYGU finished 1.0 points from its own, so HYGD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are HYGD and HYGU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on high-yield bonds, HYGD at -3 times and HYGU at +3 times the daily move."}},{"@type":"Question","name":"Which one decays faster, HYGD or HYGU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window HYGD\u2019s moved at 4% annualized and HYGU\u2019s at 4%, so HYGD has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold HYGD or HYGU 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":"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":"HYGD vs HYGU","item":"https://etfiq.com/compare/leverage/hygd-vs-hygu"}]},{"@type":"WebPage","name":"HYGD vs HYGU: which held to its multiple?","description":"HYGD sets out to return -3 times HYG each day and HYGU +3 times. Over the month to Sep 30, 2026 they finished +0.5 pts and \u22121.0 pts away.","url":"https://etfiq.com/compare/leverage/hygd-vs-hygu","dateModified":"2026-09-30","abstract":"Over a month against its own daily promise, HYGD finished 0.2 points over and HYGU 1.1 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of HYGD and HYGU","description":"HYGD sets out to return -3 times HYG each day and HYGU +3 times. Over the month to Sep 30, 2026 they finished +0.5 pts and \u22121.0 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/hygd-vs-hygu","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":5874,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / HYGD vs HYGU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n HYGD vs HYGU: which held to its multiple?\n\n Over a month against its own daily promise, HYGD finished 0.2 points over and HYGU 1.1 points short.\n Copy this for sharing \n \n MicroSectors -3x Short High Yield Corporate Bond (HYG) ETNs and MicroSectors 3x Long High Yield Corporate Bond (HYG) ETNs.\n\n Download as PDF \n\n +7.9% HYGD returned, since launch \n \u22129.2% HYGU returned, since launch \n +0.8 pts HYGD from its stated multiple \n \u22122.1 pts HYGU from its stated multiple \n\n HYGD","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/hygd-vs-hygu","a":{"ticker":"HYGD","name":"MicroSectors -3x Short High Yield Corporate Bond (HYG) ETNs","issuer":"MicroSectors","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: HYGD returned +8.7% where its own daily promise gave +8.5%, 0.2 points over.","url":"https://etfiq.com/funds/hygd","key_facts":[{"label":"What HYG did","value":"\u22122.7%","as_of":"2026-09-30","source":null},{"label":"What \u22123 times a day gives","value":"+8.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+8.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+0.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"an exchange traded note holds no assets; it is the issuing bank\u2019s unsecured debt","as_of":"2026-09-30","source":null},{"label":"Expense ratio","value":"not read by ETFIQ","as_of":"2026-09-30","source":null}]},"b":{"ticker":"HYGU","name":"MicroSectors 3x Long High Yield Corporate Bond (HYG) ETNs","issuer":"MicroSectors","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: HYGU returned \u22129.2% where its own daily promise gave \u22128.0%, 1.1 points short.","url":"https://etfiq.com/funds/hygu","key_facts":[{"label":"What HYG did","value":"\u22122.7%","as_of":"2026-09-30","source":null},{"label":"What 3 times a day gives","value":"\u22128.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22129.2%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"an exchange traded note holds no assets; it is the issuing bank\u2019s unsecured debt","as_of":"2026-09-30","source":null},{"label":"Expense ratio","value":"not read by ETFIQ","as_of":"2026-09-30","source":null}]},"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/hygd-vs-hygu"}