Data as of .
ACHX vs ARCX: which held to its multiple?
Over the days both have traded, ACHX finished 1.9 points from its stated multiple and ARCX 2.2.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| ACHX | ARCX | ACHX | ARCX | ACHX | ARCX | |
| 1 month | −24.5% | −24.8% | −22.6% | −22.6% | −1.9 pts | −2.2 pts |
| 3 months | not published | −1.8% | not published | +19.7% | not published | −21.4 pts |
| 6 months | not published | −38.4% | not published | −14.9% | not published | −23.4 pts |
| 1 year | not published | −78.4% | not published | −68.6% | not published | −9.9 pts |
| Since launch | +15.9% | −90.2% | +35.9% | −101.9% | −20.0 pts | +11.8 pts |
| ACHX Corgi ACHR 2x Daily ETF Aims to return twice the daily move of ACHR | ARCX Tradr 2X Long ACHR Daily ETF Aims to return twice the daily move of ACHR | |
|---|---|---|
| Issuer | Corgi | Tradr |
| Sets out to return | +2x | +2x |
| On | ACHR | ACHR |
| Segment | company | company |
| Fund returned, 3 months | −24.5% | −1.8% |
| Underlying returned, 3 months | −11.3% | +9.8% |
| What the stated multiple implies, 3 months | −22.6% | +19.7% |
| Difference from stated, 3 months | −1.9 pts | −21.4 pts |
| Fund returned, 1 year or since launch | +15.9% | −78.4% |
| Difference from stated, over that window | −20.0 pts | −9.9 pts |
| Underlying volatility | 59% | 83% |
| Difference over the days both have traded | −1.9 pts | −2.2 pts |
| Expense ratio | not published | 1.30% |
| Launched | Jun 30, 2026 | Jun 10, 2025 |
ACHX in plain words
One month to Sep 11, 2026: ACHX returned −24.5% where its own daily promise gave −23.5%, 1.0 points short. Read the multiple against the whole window instead and +2 times ACHR's −11.3% implies −22.6%, which makes ACHX look 1.9 points short. 0.9 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. ACHX aims to return +2 times ACHR's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. ACHR moved at 59% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
ARCX in plain words
Three months to Sep 11, 2026: ARCX returned −1.8% where its own daily promise gave +3.4%, 5.2 points short. Read the multiple against the whole window instead and +2 times ACHR's 9.8% implies +19.7%, which makes ARCX look 21.4 points short. 16.3 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. ARCX aims to return +2 times ACHR's move each day, then resets. ACHR moved at 83% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, ACHX or ARCX?
- Over the window to Sep 11, 2026, ACHX finished 1.9 points from what its multiple implies and ARCX finished 21.4 points from its own, so ACHX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are ACHX and ARCX levered on the same thing?
- Yes. Both are levered on ACHR, ACHX at +2 times and ARCX at +2 times the daily move.
- Which one decays faster, ACHX or ARCX?
- Decay follows how much the underlying moves about. Over this window ACHX’s moved at 59% annualized and ARCX’s at 83%, so ARCX has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold ACHX or ARCX for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, ACHX against ARCX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/ACHX-ARCX Free to use with attribution; the underlying files are at Open data.