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CIFG

GradeCNASDAQ Global Market

Leverage Shares 2x Long CIFR Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2025-12-11

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$5.05−0.21 (−4.08%)

As of Sep 23, 2026, 3:06 PM EDT

History starts Dec 11, 2025.History starts Dec 11, 2025.
Intraday session: down, 65 prints from 5.27 to 5.05. Range 5.04 to 5.49. Use the arrow keys to read each point.$5.20$5.4010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$14M
1Y return
—
Yield · Last 12 months
—
Holdings
5
Volume · 30D
0.5M sh
NAV per share
$5.18
52W range
low $3.14high $20.71

The ETF.net CIFG Grade

C

54/ 100

Rank 65 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for CIFG. Scores out of 100: Cost 67, Risk 36, Mission 99, Tradability 50, Holdings not scored, Durability 52. Strongest: Mission (99). Weakest: Risk (36). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 54 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank108/380 · top 28%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 99
    Category rank4/147 · top 3%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 36
    Category rank202/285 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 50
    Category rank175/380 · top 46%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 52
    Category rank183/380 · top 48%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on CIFG

ETF.net Research

CTwo-times daily exposure to Cipher Digital, the bitcoin miner building industrial-scale data centers. Same geared math as the rest of the aisle, at 0.75% a year, under the typical leveraged single-stock fee.

Stated mandate

The fund seeks daily returns equal to 200% of the daily performance of Cipher Digital stock, before fees and expenses.

Why people hold it

  1. 01Cheap for the aisle: 0.75% a year, against a cohort median above 1% and the 0.96% charged by Direxion 2x names like GGLL and AAPU.
  2. 02Does what it says: day to day it has tracked its stated target of 200% of Cipher Digital's move closely.leverageshares.com
  3. 03Leverage stops at 2x, so each session's move is doubled, not tripled.leverageshares.com

Worth knowing

  1. 01Daily reset: hold past one session and your result drifts from 2x the stock's move. Choppy stretches can leave you behind even when the stock finishes higher.leverageshares.com
  2. 02The reference asset is one volatile stock tied to bitcoin economics and data center buildouts. Doubling cuts both directions.investors.ciphermining.com
  3. 03Launched December 2025, and it sits on the smaller, thinner-traded end of the leveraged single-stock shelf, so spreads matter more than with mega-cap geared funds.

CIFG Holdings

As of Sep 21, 2026, 6:58 PM
Asset class
Stocks
Holdings
5
Top-10 weight
208%
Largest holding
CIPHER MINING INC SWAP MAR90.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CIPHER MINING INC SWAP MAR89.99%634,825$10M1
002—CIPHER MINING INC SWAP CS66.34%467,990$7M2
003—CIPHER DIGITAL INC.-SWAP-JNST-L32.56%229,663$4M1
004—CIPHER MINING INC SWAP CF11.16%78,725$1M1
005—First American Treasury Obligations Fund 01/01/20407.82%869,763$870K147

Showing 1–5 of 5 holdings

CIFG Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CIFG$5,875
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. CIFG $5,875. SPY $11,430. Use the arrow keys to read each point.$2,362$12,074$21,786Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CIFG. Periods over one year show the average yearly return.
PeriodCIFG
Year to date−41.2%
1 month+31.4%
3 months−71.3%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CIFG
YearReturn barCIFG
2026 YTD−41.2%
2025−42.4%

Since listing, Dec 11, 2025

CIFG in the news

ETF.net Research hasn’t filed on CIFG yet — coverage lands here as it’s written.

CIFG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Dec 2025. No distributions yet.

CIFG Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
7.90
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CIFG Cost

Expense ratio0.75%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

85 of the 329 Single-Stock Long Leveraged funds charge less.

CIFG costs $75.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.