Which came closer to its stated multiple, GMEC or GMEU?

Over the window to Sep 11, 2026, GMEC finished 0.8 points from what its multiple implies and GMEU finished 10.8 points from its own, so GMEC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are GMEC and GMEU levered on the same thing?

Yes. Both are levered on GME, GMEC at +2 times and GMEU at +2 times the daily move.

Which one decays faster, GMEC or GMEU?

Decay follows how much the underlying moves about. Over this window GMEC’s moved at 30% annualized and GMEU’s at 36%, so GMEU has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold GMEC or GMEU 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.

ETFIQetfiq.com · independent ETF data

Data as of Sep 11, 2026.

GMEC vs GMEU: which held to its multiple?

Over the days both have traded, GMEC finished 0.8 points from its stated multiple and GMEU 2.7.

Corgi GME 2x Daily ETF and T-REX 2X LONG GME DAILY TARGET ETF, side by side, leveraged ETFs on ETFIQ.

−13.8%GMEC returned, 3 months

−16.5%GMEU returned, 3 months

−5.4 ptsGMEC from its stated multiple

−10.8 ptsGMEU from its stated multiple

GMEC0.8 pts short of its label · 1 month to Sep 11, 2026

GMEU10.8 pts short of its label · 3 months to Sep 11, 2026

Performance, window by window

GMEC and GMEU over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
Window	Total return		Multiple would give		Difference
Window	GMEC	GMEU	GMEC	GMEU	GMEC	GMEU
1 month	+27.3%	+25.5%	+28.2%	+28.2%	−0.8 pts	−2.7 pts
3 months	not published	−16.5%	not published	−5.7%	not published	−10.8 pts
6 months	not published	−36.7%	not published	−20.2%	not published	−16.5 pts
1 year	not published	−54.7%	not published	−29.8%	not published	−24.9 pts
Since launch	−13.8%	−72.8%	−8.4%	−44.8%	−5.4 pts	−28.0 pts

Open the live comparison on ETFIQ

GMEC and GMEU on the same fields, as of Sep 11, 2026. Source: ETFIQ.
	GMEC Corgi GME 2x Daily ETF Aims to return twice the daily move of GME	GMEU T-REX 2X LONG GME DAILY TARGET ETF Aims to return twice the daily move of GME
Issuer	Corgi	T-REX
Sets out to return	+2x	+2x
On	GME	GME
Segment	company	company
Fund returned, 3 months	+27.3%	−16.5%
Underlying returned, 3 months	+14.1%	−2.9%
What the stated multiple implies, 3 months	+28.2%	−5.7%
Difference from stated, 3 months	−0.8 pts	−10.8 pts
Fund returned, 1 year or since launch	−13.8%	−54.7%
Difference from stated, over that window	−5.4 pts	−24.9 pts
Underlying volatility	30%	36%
Difference over the days both have traded	−0.8 pts	−2.7 pts
Expense ratio	not published	1.50%
Launched	Jun 30, 2026	Apr 29, 2025

GMEC in plain words

One month to Sep 11, 2026: GMEC returned +27.3% where its own daily promise gave +29.1%, 1.8 points short. Read the multiple against the whole window instead and +2 times GME's 14.1% implies +28.2%, which makes GMEC look 0.8 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. GMEC aims to return +2 times GME'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. GME moved at 30% 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.

GMEU in plain words

Three months to Sep 11, 2026: GMEU returned −16.5% where its own daily promise gave −8.9%, 7.6 points short. Read the multiple against the whole window instead and +2 times GME's −2.9% implies −5.7%, which makes GMEU look 10.8 points short. 3.2 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. GMEU aims to return +2 times GME's move each day, then resets. GME moved at 36% annualized over that window.

Questions people ask

Which came closer to its stated multiple, GMEC or GMEU?: Over the window to Sep 11, 2026, GMEC finished 0.8 points from what its multiple implies and GMEU finished 10.8 points from its own, so GMEC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are GMEC and GMEU levered on the same thing?: Yes. Both are levered on GME, GMEC at +2 times and GMEU at +2 times the daily move.
Which one decays faster, GMEC or GMEU?: Decay follows how much the underlying moves about. Over this window GMEC’s moved at 30% annualized and GMEU’s at 36%, so GMEU has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold GMEC or GMEU 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.

GMEC against GMEU, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GMEC against GMEU, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/GMEC-GMEU Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources