# BMNG (Leverage Shares 2X Long BMNR Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: BMNG returned +93.0% where its own daily promise gave +107.0%, 14.1 points short.

## Key facts

- BMNG, what BMNR did: +55.4%, as of Sep 11, 2026.
- BMNG, what +2 times a day gives: +107.0%, as of Sep 11, 2026.
- BMNG, what the fund returned: +93.0%, as of Sep 11, 2026.
- BMNG, the fund itself cost: −14.1 pts, as of Sep 11, 2026.
- BMNG, net assets: $45m (issuer page, as of Sep 10, 2026).
- BMNG, expense ratio: 0.78% (485BPOS XBRL, Feb 27, 2026).

## BMNG over each window to Sep 11, 2026

| Window | Fund | BMNR | +2x the move | Difference | BMNR moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +79.0% | +39.9% | +79.8% | −0.8 pts | 86% |
| 3 months | +93.0% | +55.4% | +110.7% | −17.8 pts | 81% |
| 6 months | −4.2% | +21.9% | +43.7% | −47.9 pts | 77% |
| Since launch | −92.2% | −53.4% | −106.8% | +14.6 pts | 92% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of BMNR, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.68 times, against +2 stated | ETFIQ |
| Underlying | BMNR | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $45m | issuer page, as of Sep 10, 2026 |
| Expense ratio | 0.78% | 485BPOS XBRL, Feb 27, 2026 |
| Launched | Oct 27, 2025 | ETFIQ |
| Underlying volatility over the window | 81% annualized | ETFIQ |

## Questions

### Did BMNG return +2 times BMNR?

Over the window to Sep 11, 2026, BMNR moved +55.4% and BMNG returned +93.0%. 2 times that move is +110.7%, so the fund came out 17.8 points short of it.

### Why does BMNG not return +2 times over a year?

Because it resets daily. BMNG aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x BMNR ETF tracked its stated multiple most closely?

3 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, BMNG, data as of Sep 11, 2026. https://etfiq.com/funds/BMNG
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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