# BNMC (Corgi BMNR 2x Daily ETF)

Corgi · Leveraged ETFs · data as of Sep 11, 2026

One month to Sep 11, 2026: BNMC returned +81.5% where its own daily promise gave +84.0%, 2.5 points short.

## Key facts

- BNMC, what BMNR did: +39.9%, as of Sep 11, 2026.
- BNMC, what +2 times a day gives: +84.0%, as of Sep 11, 2026.
- BNMC, what the fund returned: +81.5%, as of Sep 11, 2026.
- BNMC, the fund itself cost: −2.5 pts, as of Sep 11, 2026.
- BNMC, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- BNMC, underlying: BMNR, as of Sep 11, 2026.

## BNMC over each window to Sep 11, 2026

| Window | Fund | BMNR | +2x the move | Difference | BMNR moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +81.5% | +39.9% | +79.8% | +1.7 pts | 86% |
| Since launch | +140.4% | +67.1% | +134.2% | +6.2 pts | 84% |

## 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 | +2.04 times, against +2 stated | ETFIQ |
| Underlying | BMNR | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Jul 10, 2026 | ETFIQ |
| Underlying volatility over the window | 86% annualized | ETFIQ |

## Questions

### Did BNMC return +2 times BMNR?

Over the window to Sep 11, 2026, BMNR moved +39.9% and BNMC returned +81.5%. 2 times that move is +79.8%, so the fund came out 1.7 points ahead of it.

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

Because it resets daily. BNMC 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, BNMC, data as of Sep 11, 2026. https://etfiq.com/funds/BNMC
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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