Data as of .
LRCC vs LRCU: which held to its multiple?
Over the days both have traded, LRCC finished 1.9 points from its stated multiple and LRCU 2.0.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| LRCC | LRCU | LRCC | LRCU | LRCC | LRCU | |
| 1 month | −19.0% | −19.1% | −17.1% | −17.1% | −1.9 pts | −2.0 pts |
| 3 months | not published | −44.5% | not published | −37.3% | not published | −7.2 pts |
| 6 months | not published | +46.0% | not published | +81.3% | not published | −35.3 pts |
| 1 year | not published | +310.5% | not published | not meaningful | not published | not meaningful |
| Since launch | −24.4% | +436.6% | −17.1% | not meaningful | −7.3 pts | not meaningful |
| LRCC Corgi LRCX 2x Daily ETF Aims to return twice the daily move of LRCX | LRCU Tradr 2X Long LRCX Daily ETF Aims to return twice the daily move of LRCX | |
|---|---|---|
| Issuer | Corgi | Tradr |
| Sets out to return | +2x | +2x |
| On | LRCX | LRCX |
| Segment | company | company |
| Fund returned, 3 months | −19.0% | −44.5% |
| Underlying returned, 3 months | −8.6% | −18.6% |
| What the stated multiple implies, 3 months | −17.1% | −37.3% |
| Difference from stated, 3 months | −1.9 pts | −7.2 pts |
| Fund returned, 1 year or since launch | −24.4% | +310.5% |
| Difference from stated, over that window | −7.3 pts | not available |
| Underlying volatility | 51% | 80% |
| Difference over the days both have traded | −1.9 pts | −2.0 pts |
| Expense ratio | not published | 1.30% |
| Launched | Jul 7, 2026 | Aug 19, 2025 |
LRCC in plain words
One month to Sep 11, 2026: LRCC returned −19.0% where its own daily promise gave −18.3%, 0.7 points short. Read the multiple against the whole window instead and +2 times LRCX's −8.6% implies −17.1%, which makes LRCC look 1.9 points short. 1.2 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. LRCC aims to return +2 times LRCX'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. LRCX moved at 51% 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.
LRCU in plain words
Three months to Sep 11, 2026: LRCU returned −44.5% where its own daily promise gave −43.4%, 1.1 points short. Read the multiple against the whole window instead and +2 times LRCX's −18.6% implies −37.3%, which makes LRCU look 7.2 points short. 6.1 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. LRCU aims to return +2 times LRCX's move each day, then resets. LRCX moved at 80% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, LRCC or LRCU?
- Over the window to Sep 11, 2026, LRCC finished 1.9 points from what its multiple implies and LRCU finished 7.2 points from its own, so LRCC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are LRCC and LRCU levered on the same thing?
- Yes. Both are levered on LRCX, LRCC at +2 times and LRCU at +2 times the daily move.
- Which one decays faster, LRCC or LRCU?
- Decay follows how much the underlying moves about. Over this window LRCC’s moved at 51% annualized and LRCU’s at 80%, so LRCU has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold LRCC or LRCU 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, LRCC against LRCU, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/LRCC-LRCU Free to use with attribution; the underlying files are at Open data.