{"url":"https://etfiq.com/compare/leverage/mic-vs-mug","section":"compare","title":"MIC vs MUG: which held to its multiple? | ETFIQ","description":"MIC sets out to return +2 times MU each day and MUG +2 times. Over the month to Sep 30, 2026 they finished \u22121.8 pts and \u22120.8 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, MIC or MUG?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, MIC finished 18.0 points from what its multiple implies and MUG finished 0.8 points from its own, so MUG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are MIC and MUG levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Micron Technology, MIC at +2 times and MUG at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, MIC or MUG?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window MIC\u2019s moved at 76% annualized and MUG\u2019s at 49%, so MIC has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold MIC or MUG 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, MIC or MUG?","acceptedAnswer":{"@type":"Answer","text":"MIC charges 0.45% a year and MUG charges 0.99%, so MIC 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":"MIC vs MUG","item":"https://etfiq.com/compare/leverage/mic-vs-mug"}]},{"@type":"WebPage","name":"MIC vs MUG: which held to its multiple?","description":"MIC sets out to return +2 times MU each day and MUG +2 times. Over the month to Sep 30, 2026 they finished \u22121.8 pts and \u22120.8 pts away.","url":"https://etfiq.com/compare/leverage/mic-vs-mug","dateModified":"2026-09-30","abstract":"Over the days both have traded, MIC finished 1.8 points from its stated multiple and MUG 0.8.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of MIC and MUG","description":"MIC sets out to return +2 times MU each day and MUG +2 times. Over the month to Sep 30, 2026 they finished \u22121.8 pts and \u22120.8 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/mic-vs-mug","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":5996,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / MIC vs MUG \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n MIC vs MUG: which held to its multiple?\n\n Over the days both have traded, MIC finished 1.8 points from its stated multiple and MUG 0.8.\n Copy this for sharing \n \n Corgi MU 2x Daily ETF and Leverage Shares 2X Long MU Daily ETF.\n\n Download as PDF \n\n \u221211.6% MIC returned, 3 months \n +28.5% MUG returned, since launch \n \u221218.0 pts MIC from its stated multiple \n +1.2 pts MUG from its stated multiple \n\n MIC 18 pts short of its stated multiple \u00b7 3 months to Sep 30, 2026 [MIC returne","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/mic-vs-mug","a":{"ticker":"MIC","name":"Corgi MU 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: MIC returned \u221211.6% where its own daily promise gave \u22127.2%, 4.4 points short.","url":"https://etfiq.com/funds/mic","key_facts":[{"label":"What MU did","value":"+3.2%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22127.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221211.6%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22124.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$1m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 5, 2026"}]},"b":{"ticker":"MUG","name":"Leverage Shares 2X Long MU Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: MUG returned +21.4% where its own daily promise gave +21.0%, 0.4 points over.","url":"https://etfiq.com/funds/mug","key_facts":[{"label":"What MU did","value":"+11.1%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+21.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+21.4%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+0.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$1m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.99%","as_of":"2026-09-30","source":"issuer page"}]},"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/mic-vs-mug"}