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Data as of .

NVTC vs NVTX: which held to its multiple?

Over the days both have traded, NVTC finished 0.8 points from its stated multiple and NVTX 1.8.

Corgi NVTS 2x Daily ETF and Tradr 2X Long NVTS Daily ETF, side by side, leveraged ETFs on ETFIQ.

−42.4%NVTC returned, 3 months
−81.9%NVTX returned, 3 months
−8.6 ptsNVTC from its stated multiple
+18.7 ptsNVTX from its stated multiple
NVTC0.8 pts short of its label · 1 month to Sep 11, 2026
NVTS −16.5% ×2 implies−33.0%NVTC returned−33.9%NVTS −16.5% ×2 implies−33.0%NVTC returned−33.9%
NVTX18.7 pts over its label · 3 months to Sep 11, 2026
NVTS −50.3% ×2 implies−100.6%NVTX returned−81.9%NVTS −50.3% ×2 implies−100.6%NVTX returned−81.9%

Performance, window by window

NVTC and NVTX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnMultiple would giveDifference
NVTCNVTXNVTCNVTXNVTCNVTX
1 month−33.9%−34.8%−33.0%−33.0%−0.8 pts−1.8 pts
3 monthsnot published−81.9%not published−100.6%not published+18.7 pts
6 monthsnot published−45.8%not published+30.3%not published−76.0 pts
1 yearnot published−35.8%not published+182.6%not published−218.3 pts
Since launch−42.4%−29.5%−33.7%not meaningful−8.6 ptsnot meaningful
Open the live comparison on ETFIQ
NVTC and NVTX on the same fields, as of Sep 11, 2026. Source: ETFIQ.
NVTC
Corgi NVTS 2x Daily ETF
Aims to return twice the daily move of NVTS
NVTX
Tradr 2X Long NVTS Daily ETF
Aims to return twice the daily move of NVTS
IssuerCorgiTradr
Sets out to return+2x+2x
OnNVTSNVTS
Segmentcompanycompany
Fund returned, 3 months−33.9%−81.9%
Underlying returned, 3 months−16.5%−50.3%
What the stated multiple implies, 3 months−33.0%−100.6%
Difference from stated, 3 months−0.8 pts+18.7 pts
Fund returned, 1 year or since launch−42.4%−35.8%
Difference from stated, over that window−8.6 pts−218.3 pts
Underlying volatility66%95%
Difference over the days both have traded−0.8 pts−1.8 pts
Expense rationot published2.81%
LaunchedJul 7, 2026Sep 9, 2025

NVTC in plain words

One month to Sep 11, 2026: NVTC returned −33.9% where its own daily promise gave −33.1%, 0.8 points short. Read the multiple against the whole window instead and +2 times NVTS's −16.5% implies −33.0%, which makes NVTC look 0.8 points short. 0.1 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. NVTC aims to return +2 times NVTS'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. NVTS moved at 66% 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.

NVTX in plain words

Three months to Sep 11, 2026: NVTX returned −81.9% where its own daily promise gave −80.7%, 1.1 points short. Read the multiple against the whole window instead and +2 times NVTS's −50.3% implies −100.6%, which makes NVTX look 18.7 points over. 19.8 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. NVTX aims to return +2 times NVTS's move each day, then resets. NVTS moved at 95% annualized over that window.

Questions people ask

Which came closer to its stated multiple, NVTC or NVTX?
Over the window to Sep 11, 2026, NVTC finished 0.8 points from what its multiple implies and NVTX finished 18.7 points from its own, so NVTC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are NVTC and NVTX levered on the same thing?
Yes. Both are levered on NVTS, NVTC at +2 times and NVTX at +2 times the daily move.
Which one decays faster, NVTC or NVTX?
Decay follows how much the underlying moves about. Over this window NVTC’s moved at 66% annualized and NVTX’s at 95%, so NVTX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold NVTC or NVTX 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.

NVTC against NVTX, 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, NVTC against NVTX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/NVTC-NVTX Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources