{"url":"https://etfiq.com/compare/leverage/umcu-vs-umcx","section":"compare","title":"UMCU vs UMCX: which held to its multiple? | ETFIQ","description":"UMCU sets out to return +2 times UMC each day and UMCX +2 times. Over the month to Sep 30, 2026 they finished \u22120.7 pts and +0.5 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, UMCU or UMCX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, UMCU finished 0.7 points from what its multiple implies and UMCX finished 14.7 points from its own, so UMCU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are UMCU and UMCX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on United Microelectronics, UMCU at +2 times and UMCX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, UMCU or UMCX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window UMCU\u2019s moved at 52% annualized and UMCX\u2019s at 66%, so UMCX has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold UMCU or UMCX 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, UMCU or UMCX?","acceptedAnswer":{"@type":"Answer","text":"UMCU charges 1.49% a year and UMCX charges 0.45%, so UMCX 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":"UMCU vs UMCX","item":"https://etfiq.com/compare/leverage/umcu-vs-umcx"}]},{"@type":"WebPage","name":"UMCU vs UMCX: which held to its multiple?","description":"UMCU sets out to return +2 times UMC each day and UMCX +2 times. Over the month to Sep 30, 2026 they finished \u22120.7 pts and +0.5 pts away.","url":"https://etfiq.com/compare/leverage/umcu-vs-umcx","dateModified":"2026-09-30","abstract":"Over the days both have traded, UMCU finished 0.7 points from its stated multiple and UMCX 0.5.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of UMCU and UMCX","description":"UMCU sets out to return +2 times UMC each day and UMCX +2 times. Over the month to Sep 30, 2026 they finished \u22120.7 pts and +0.5 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/umcu-vs-umcx","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":6048,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / UMCU vs UMCX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n UMCU vs UMCX: which held to its multiple?\n\n Over the days both have traded, UMCU finished 0.7 points from its stated multiple and UMCX 0.5.\n Copy this for sharing \n \n Tradr 2X Long UMC Daily ETF and Corgi UMC 2x Daily ETF.\n\n Download as PDF \n\n +59.0% UMCU returned, since launch \n \u221221.0% UMCX returned, 3 months \n +0.3 pts UMCU from its stated multiple \n \u221214.7 pts UMCX from its stated multiple \n\n UMCU 0.7 pts short of its stated multiple \u00b7 1 month to Sep 30, 2026 [UMCU ret","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/umcu-vs-umcx","a":{"ticker":"UMCU","name":"Tradr 2X Long UMC Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: UMCU returned +45.7% where its own daily promise gave +48.3%, 2.6 points short.","url":"https://etfiq.com/funds/umcu","key_facts":[{"label":"What UMC did","value":"+23.2%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+48.3%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+45.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$201,604","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.49%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 31, 2026"}]},"b":{"ticker":"UMCX","name":"Corgi UMC 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: UMCX returned \u221221.0% where its own daily promise gave \u221216.1%, 4.8 points short.","url":"https://etfiq.com/funds/umcx","key_facts":[{"label":"What UMC did","value":"\u22123.2%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221216.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221221.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22124.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$753,865","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"}]},"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/umcu-vs-umcx"}