UUUC vs UUUG: which held to its multiple?

Over the days both have traded, UUUC finished 5.2 points from its stated multiple and UUUG 5.1. Corgi UUUU 2x Daily ETF and Leverage Shares 2X Long UUUU Daily ETF.

−41.7%
UUUC returned, since launch
−48.1%
UUUG returned, 3 months
−4.1 pts
UUUC from its stated multiple
−3.3 pts
UUUG from its stated multiple
UUUC · 1 month to Sep 30, 20265.2 pts ahead of its stated multiple
5.2 pts ahead of its stated multipleUUUC returned −45.3% while 2 times UUUU's move would have been −50.4%UUUU −25.2% ×2 implies−50.4%UUUC returned−45.3%5.2 pts ahead of its stated multipleUUUC returned −45.3% while 2 times UUUU's move would have been −50.4%UUUU −25.2% ×2 implies−50.4%UUUC returned−45.3%

UUUC returned −45.3% while 2 times UUUU's move would have been −50.4%

UUUG · 3 months to Sep 30, 20263.3 pts short of its stated multiple
3.3 pts short of its stated multipleUUUG returned −48.1% while 2 times UUUU's move would have been −44.9%UUUU −22.4% ×2 implies−44.9%UUUG returned−48.1%3.3 pts short of its stated multipleUUUG returned −48.1% while 2 times UUUU's move would have been −44.9%UUUU −22.4% ×2 implies−44.9%UUUG returned−48.1%

UUUG returned −48.1% while 2 times UUUU's move would have been −44.9%

Performance, window by window

Total returnMultiple would giveDifference
WindowUUUCUUUGUUUCUUUGUUUCUUUG
1 month−45.3%−45.3%−50.4%−50.4%+5.2 pts+5.1 pts
3 monthsnot published−48.1%not published−44.9%not published−3.3 pts
6 monthsnot published−73.5%not published−77.1%not published+3.6 pts
Since launch
UUUC Jul 2026 · UUUG Jan 2026
−41.7%−82.7%−37.6%−86.4%−4.1 pts+3.7 pts

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

On the same fields

UUUC
Corgi UUUU 2x Daily ETF · Aims to return twice the daily move of Energy Fuels (UUUU)
UUUG
Leverage Shares 2X Long UUUU Daily ETF · Aims to return twice the daily move of Energy Fuels (UUUU)
Issuer Corgi Leverage Shares
Sets out to return +2x +2x
Underlying asset UUUU UUUU
Segment company company
Fund returned, 3 months or since launch −45.3% −48.1%
Underlying returned, over that window −25.2% −22.4%
What the stated multiple implies, over that window −50.4% −44.9%
Difference from stated, over that window +5.2 pts −3.3 pts
Fund returned, 1 year or since launch −41.7% −82.7%
Difference from stated, over that window −4.1 pts +3.7 pts
Underlying volatility 43% 65%
Difference over the days both have traded +5.2 pts +5.1 pts
Expense ratio 0.45% 0.75%
Launched Jul 10, 2026 Jan 13, 2026
Net assets $220,325 $9m

UUUC and UUUG on the same fields, as of Sep 30, 2026. Source: ETFIQ.

UUUC in plain words

One month to Sep 30, 2026: UUUC returned −45.3% where its own daily promise gave −45.2%, 0.1 points short. Read the multiple against the whole window instead and 2 times UUUU's −25.2% implies −50.4%, which makes UUUC look 5.2 points over. 5.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. UUUC aims to return +2 times UUUU'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. UUUU moved at 43% 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.

UUUG in plain words

Three months to Sep 30, 2026: UUUG returned −48.1% where its own daily promise gave −45.9%, 2.2 points short. Read the multiple against the whole window instead and 2 times UUUU's −22.4% implies −44.9%, which makes UUUG look 3.2 points short. 1.0 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. UUUG aims to return +2 times UUUU's move each day, then resets. UUUU moved at 65% annualized over that window.

Questions people ask

Which came closer to its stated multiple, UUUC or UUUG?
Over the window to Sep 30, 2026, UUUC finished 5.2 points from what its multiple implies and UUUG finished 3.2 points from its own, so UUUG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are UUUC and UUUG levered on the same thing?
Yes. Both are levered on Energy Fuels, UUUC at +2 times and UUUG at +2 times the daily move.
Which one decays faster, UUUC or UUUG?
Decay follows how much the underlying moves about. Over this window UUUC’s moved at 43% annualized and UUUG’s at 65%, so UUUG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold UUUC or UUUG 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, UUUC or UUUG?
UUUC charges 0.45% a year and UUUG charges 0.75%, so UUUC is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, UUUC against UUUG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/uuuc-vs-uuug

Open data

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