# CIEG (Leverage Shares 2X Long CIEN Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: CIEG returned −51.9% where its own daily promise gave −49.9%, 2.0 points short.

## Key facts

- CIEG, what CIEN did: −23.9%, as of Sep 30, 2026.
- CIEG, what 2 times a day gives: −49.9%, as of Sep 30, 2026.
- CIEG, what the fund returned: −51.9%, as of Sep 30, 2026.
- CIEG, the fund itself cost: −2.0 pts, as of Sep 30, 2026.
- CIEG, net assets: $13m (issuer page, as of Sep 29, 2026).
- CIEG, expense ratio: 0.75% (485BPOS XBRL, May 6, 2026).

## CIEG over each window to Sep 30, 2026

| Window | Fund | CIEN | +2x the move | Difference | CIEN moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −20.0% | −8.1% | −16.2% | −3.8 pts | 66% |
| 3 months | −51.9% | −23.9% | −47.8% | −4.0 pts | 75% |
| Since launch | −72.5% | −39.0% | −78.1% | +5.5 pts | 75% |

## 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 | +2.17 times, against +2 stated | ETFIQ |
| Underlying | CIEN | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $13m | issuer page, as of Sep 29, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, May 6, 2026 |
| Launched | May 12, 2026 | ETFIQ |
| Underlying volatility over the window | 75% annualized | ETFIQ |

## Questions

### Did CIEG return +2 times CIEN?

Over the window to Sep 30, 2026, CIEN moved −23.9% and CIEG returned −51.9%. 2 times that move is −47.8%, so the fund came out 4.0 points short of it.

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

Because it resets daily. CIEG 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 figure itself.


## Cite this page

ETFIQ, CIEG, data as of Sep 30, 2026. https://etfiq.com/funds/cieg
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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