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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.

Corgi SNDK 2x Daily ETF and Leverage Shares 2X Long SNDK Daily ETF, side by side, leveraged ETFs on ETFIQ.

−65.0%SNDC returned, 3 months
−58.0%SNDG returned, 3 months
−8.7 ptsSNDC from its stated multiple
−22.9 ptsSNDG from its stated multiple
SNDC7 pts short of its label · 1 month to Sep 11, 2026
SNDK +21.5% ×2 implies+43.0%SNDC returned+36.0%SNDK +21.5% ×2 implies+43.0%SNDC returned+36.0%
SNDG22.9 pts short of its label · 3 months to Sep 11, 2026
SNDK −17.5% ×2 implies−35.0%SNDG returned−58.0%SNDK −17.5% ×2 implies−35.0%SNDG returned−58.0%

Performance, window by window

SNDC and SNDG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnMultiple would giveDifference
SNDCSNDGSNDCSNDGSNDCSNDG
1 month+36.0%+37.2%+43.0%+43.0%−7.0 pts−5.8 pts
3 monthsnot 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
Open the live comparison on ETFIQ
SNDC and SNDG on the same fields, as of Sep 11, 2026. Source: ETFIQ.
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
IssuerCorgiLeverage Shares
Sets out to return+2x+2x
OnSNDKSNDK
Segmentcompanycompany
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 volatility88%134%
Difference over the days both have traded−7.0 pts−5.8 pts
Expense ratio0.45%0.75%
LaunchedJun 30, 2026May 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.

SNDC against SNDG, 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, 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.

How every figure is computed · Standards and sources