Data as of .
AXTC vs AXTX: which held to its multiple?
Over the days both have traded, AXTC finished 5.9 points from its stated multiple and AXTX 6.5.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| AXTC | AXTX | AXTC | AXTX | AXTC | AXTX | |
| 1 month | −40.9% | −41.4% | −34.9% | −34.9% | −5.9 pts | −6.5 pts |
| 3 months | not published | −78.4% | not published | −66.7% | not published | −11.7 pts |
| Since launch | −24.9% | −74.6% | +22.8% | −29.9% | −47.7 pts | −44.7 pts |
| AXTC Corgi AXTI 2x Daily ETF Aims to return twice the daily move of AXTI | AXTX Tradr 2X Long AXTI Daily ETF Aims to return twice the daily move of AXTI | |
|---|---|---|
| Issuer | Corgi | Tradr |
| Sets out to return | +2x | +2x |
| On | AXTI | AXTI |
| Segment | company | company |
| Fund returned, 3 months | −40.9% | −78.4% |
| Underlying returned, 3 months | −17.5% | −33.4% |
| What the stated multiple implies, 3 months | −34.9% | −66.7% |
| Difference from stated, 3 months | −5.9 pts | −11.7 pts |
| Fund returned, 1 year or since launch | −24.9% | −74.6% |
| Difference from stated, over that window | −47.7 pts | −44.7 pts |
| Underlying volatility | 123% | 165% |
| Difference over the days both have traded | −5.9 pts | −6.5 pts |
| Expense ratio | 0.45% | 1.49% |
| Launched | Jul 7, 2026 | Apr 24, 2026 |
AXTC in plain words
One month to Sep 11, 2026: AXTC returned −40.9% where its own daily promise gave −40.3%, 0.6 points short. Read the multiple against the whole window instead and +2 times AXTI's −17.5% implies −34.9%, which makes AXTC look 5.9 points short. 5.4 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. AXTC aims to return +2 times AXTI'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. AXTI moved at 123% 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.
AXTX in plain words
Three months to Sep 11, 2026: AXTX returned −78.4% where its own daily promise gave −77.0%, 1.5 points short. Read the multiple against the whole window instead and +2 times AXTI's −33.4% implies −66.7%, which makes AXTX look 11.7 points short. 10.3 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. AXTX aims to return +2 times AXTI's move each day, then resets. AXTI moved at 165% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, AXTC or AXTX?
- Over the window to Sep 11, 2026, AXTC finished 5.9 points from what its multiple implies and AXTX finished 11.7 points from its own, so AXTC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are AXTC and AXTX levered on the same thing?
- Yes. Both are levered on AXTI, AXTC at +2 times and AXTX at +2 times the daily move.
- Which one decays faster, AXTC or AXTX?
- Decay follows how much the underlying moves about. Over this window AXTC’s moved at 123% annualized and AXTX’s at 165%, so AXTX has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold AXTC or AXTX 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.
- Which is cheaper, AXTC or AXTX?
- AXTC charges 0.45% a year and AXTX charges 1.49%, so AXTC is cheaper. Fees come from each fund's prospectus.
Other comparisons
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, AXTC against AXTX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/AXTC-AXTX Free to use with attribution; the underlying files are at Open data.