Data as of .
SNDC vs SNDG: which held to its multiple?
Over the days both have traded, SNDC finished 7.0 points from its stated multiple and SNDG 5.8.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| SNDC | SNDG | SNDC | SNDG | SNDC | SNDG | |
| 1 month | +36.0% | +37.2% | +43.0% | +43.0% | −7.0 pts | −5.8 pts |
| 3 months | not published | −58.0% | not published | −35.0% | not published | −22.9 pts |
| Since launch | −65.0% | −28.0% | −56.3% | +25.0% | −8.7 pts | −53.0 pts |
| SNDC Corgi SNDK 2x Daily ETF Aims to return twice the daily move of SNDK | SNDG Leverage Shares 2X Long SNDK Daily ETF Aims to return twice the daily move of SNDK | |
|---|---|---|
| Issuer | Corgi | Leverage Shares |
| Sets out to return | +2x | +2x |
| On | SNDK | SNDK |
| Segment | company | company |
| Fund returned, 3 months | +36.0% | −58.0% |
| Underlying returned, 3 months | +21.5% | −17.5% |
| What the stated multiple implies, 3 months | +43.0% | −35.0% |
| Difference from stated, 3 months | −7.0 pts | −22.9 pts |
| Fund returned, 1 year or since launch | −65.0% | −28.0% |
| Difference from stated, over that window | −8.7 pts | −53.0 pts |
| Underlying volatility | 88% | 134% |
| Difference over the days both have traded | −7.0 pts | −5.8 pts |
| Expense ratio | 0.45% | 0.75% |
| Launched | Jun 30, 2026 | May 12, 2026 |
SNDC in plain words
One month to Sep 11, 2026: SNDC returned +36.0% where its own daily promise gave +39.0%, 2.9 points short. Read the multiple against the whole window instead and +2 times SNDK's 21.5% implies +43.0%, which makes SNDC look 7.0 points short. 4.0 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. SNDC aims to return +2 times SNDK'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. SNDK moved at 88% 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.
SNDG in plain words
Three months to Sep 11, 2026: SNDG returned −58.0% where its own daily promise gave −55.7%, 2.2 points short. Read the multiple against the whole window instead and +2 times SNDK's −17.5% implies −35.0%, which makes SNDG look 22.9 points short. 20.7 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. SNDG aims to return +2 times SNDK's move each day, then resets. SNDK moved at 134% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, SNDC or SNDG?
- Over the window to Sep 11, 2026, SNDC finished 7.0 points from what its multiple implies and SNDG finished 22.9 points from its own, so SNDC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are SNDC and SNDG levered on the same thing?
- Yes. Both are levered on SNDK, SNDC at +2 times and SNDG at +2 times the daily move.
- Which one decays faster, SNDC or SNDG?
- Decay follows how much the underlying moves about. Over this window SNDC’s moved at 88% annualized and SNDG’s at 134%, so SNDG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold SNDC or SNDG 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, SNDC or SNDG?
- SNDC charges 0.45% a year and SNDG charges 0.75%, so SNDC 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, SNDC against SNDG, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/SNDC-SNDG Free to use with attribution; the underlying files are at Open data.