MICCorgi MU 2x Daily ETF
Seeks daily investment results that correspond to 2x the daily performance of Micron Technology, Inc.
—
—
N/A
—
What's inside
How Beacon categorizes this fundListing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks daily investment results that correspond to 2x the daily performance of Micron Technology, Inc.
- Strategy
- Actively managed ETF that seeks to achieve 2x daily performance of Micron Technology, Inc. through derivatives, including total return swaps and equity futures. Concentrated in the semiconductor industry, primarily investing in Micron's common stock.
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Your return drifts the longer you hold
Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.
Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
What's next?
You've looked at MIC. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-06-27