# CIEX (Tradr 2X Long CIEN Daily ETF)

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

One month to Sep 11, 2026: CIEX returned −38.4% where its own daily promise gave −37.6%, 0.8 points short.

## Key facts

- CIEX, what CIEN did: −19.1%, as of Sep 11, 2026.
- CIEX, what +2 times a day gives: −37.6%, as of Sep 11, 2026.
- CIEX, what the fund returned: −38.4%, as of Sep 11, 2026.
- CIEX, the fund itself cost: −0.8 pts, as of Sep 11, 2026.
- CIEX, net assets: $250,000 (source, as filed for Jun 30, 2026).
- CIEX, expense ratio: 1.49% (485BPOS XBRL, Jun 23, 2026).

## CIEX over each window to Sep 11, 2026

| Window | Fund | CIEN | +2x the move | Difference | CIEN moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −38.4% | −19.1% | −38.2% | −0.2 pts | 70% |
| Since launch | −50.8% | −24.4% | −48.8% | −2.0 pts | 79% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of CIEN, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.01 times, against +2 stated | ETFIQ |
| Underlying | CIEN | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $250,000 | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.49% | 485BPOS XBRL, Jun 23, 2026 |
| Launched | Jul 1, 2026 | ETFIQ |
| Underlying volatility over the window | 70% annualized | ETFIQ |

## Questions

### Did CIEX return +2 times CIEN?

Over the window to Sep 11, 2026, CIEN moved −19.1% and CIEX returned −38.4%. 2 times that move is −38.2%, so the fund came out 0.2 points short of it.

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

Because it resets daily. CIEX 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 CIEN ETF tracked its stated multiple most closely?

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

HTML: https://etfiq.com/funds/CIEX  ·  JSON: https://etfiq.com/funds/CIEX.json