# HYGU (MicroSectors 3x Long High Yield Corporate Bond (HYG) ETNs)

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

One month to Sep 11, 2026: HYGU returned −3.5% where its own daily promise gave −2.2%, 1.4 points short.

## Key facts

- HYGU, what HYG did: −0.7%, as of Sep 11, 2026.
- HYGU, what +3 times a day gives: −2.2%, as of Sep 11, 2026.
- HYGU, what the fund returned: −3.5%, as of Sep 11, 2026.
- HYGU, the fund itself cost: −1.4 pts, as of Sep 11, 2026.
- HYGU, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- HYGU, underlying: HYG, as of Sep 11, 2026.

## HYGU over each window to Sep 11, 2026

| Window | Fund | HYG | +3x the move | Difference | HYG moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −3.5% | −0.7% | −2.2% | −1.4 pts | 3% |
| Since launch | −3.5% | −0.6% | −1.8% | −1.6 pts | 3% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +3 times the daily move of HYG, reset daily | ETFIQ |
| Multiple a holder actually got over the window | HYG moved −0.7% over this window, too little to read a multiple from | ETFIQ |
| Underlying | HYG | ETFIQ |
| Segment | sector or country, index | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Aug 11, 2026 | ETFIQ |
| Underlying volatility over the window | 3% annualized | ETFIQ |

## Questions

### Did HYGU return +3 times HYG?

Over the window to Sep 11, 2026, HYG moved −0.7% and HYGU returned −3.5%. 3 times that move is −2.2%, so the fund came out 1.4 points short of it.

### Why does HYGU not return +3 times over a year?

Because it resets daily. HYGU aims at +3 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 +3 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.


## Cite this page

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

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