Data as of .
GEVC vs GEVG: which held to its multiple?
Over the days both have traded, GEVC finished 1.3 points from its stated multiple and GEVG 1.2.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| GEVC | GEVG | GEVC | GEVG | GEVC | GEVG | |
| 1 month | −17.2% | −17.1% | −15.9% | −15.9% | −1.3 pts | −1.2 pts |
| 3 months | not published | −6.8% | not published | +3.6% | not published | −10.5 pts |
| 6 months | not published | +16.6% | not published | +38.1% | not published | −21.4 pts |
| Since launch | −28.1% | +47.7% | −24.6% | +79.5% | −3.5 pts | −31.8 pts |
| GEVC Corgi GEV 2x Daily ETF Aims to return twice the daily move of GEV | GEVG Leverage Shares 2X Long GEV Daily ETF Aims to return twice the daily move of GEV | |
|---|---|---|
| Issuer | Corgi | Leverage Shares |
| Sets out to return | +2x | +2x |
| On | GEV | GEV |
| Segment | company | company |
| Fund returned, 3 months | −17.2% | −6.8% |
| Underlying returned, 3 months | −8.0% | +1.8% |
| What the stated multiple implies, 3 months | −15.9% | +3.6% |
| Difference from stated, 3 months | −1.3 pts | −10.5 pts |
| Fund returned, 1 year or since launch | −28.1% | +47.7% |
| Difference from stated, over that window | −3.5 pts | −31.8 pts |
| Underlying volatility | 41% | 56% |
| Difference over the days both have traded | −1.3 pts | −1.2 pts |
| Expense ratio | not published | 0.75% |
| Launched | Jul 10, 2026 | Dec 16, 2025 |
GEVC in plain words
One month to Sep 11, 2026: GEVC returned −17.2% where its own daily promise gave −16.5%, 0.7 points short. Read the multiple against the whole window instead and +2 times GEV's −8.0% implies −15.9%, which makes GEVC look 1.3 points short. 0.6 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. GEVC aims to return +2 times GEV'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. GEV moved at 41% 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.
GEVG in plain words
Three months to Sep 11, 2026: GEVG returned −6.8% where its own daily promise gave −4.2%, 2.6 points short. Read the multiple against the whole window instead and +2 times GEV's 1.8% implies +3.6%, which makes GEVG look 10.5 points short. 7.8 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. GEVG aims to return +2 times GEV's move each day, then resets. GEV moved at 56% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, GEVC or GEVG?
- Over the window to Sep 11, 2026, GEVC finished 1.3 points from what its multiple implies and GEVG finished 10.5 points from its own, so GEVC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are GEVC and GEVG levered on the same thing?
- Yes. Both are levered on GEV, GEVC at +2 times and GEVG at +2 times the daily move.
- Which one decays faster, GEVC or GEVG?
- Decay follows how much the underlying moves about. Over this window GEVC’s moved at 41% annualized and GEVG’s at 56%, so GEVG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold GEVC or GEVG 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.
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, GEVC against GEVG, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/GEVC-GEVG Free to use with attribution; the underlying files are at Open data.