Data as of .
TEMC vs TEMT: which held to its multiple?
Over the days both have traded, TEMC finished 9.0 points from its stated multiple and TEMT 9.8.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| TEMC | TEMT | TEMC | TEMT | TEMC | TEMT | |
| 1 month | +7.1% | +6.3% | +16.1% | +16.1% | −9.0 pts | −9.8 pts |
| 3 months | not published | +24.1% | not published | +46.8% | not published | −22.7 pts |
| 6 months | not published | −3.7% | not published | +36.1% | not published | −39.9 pts |
| 1 year | not published | −76.2% | not published | −67.1% | not published | −9.1 pts |
| Since launch | −11.7% | −69.8% | +2.7% | −28.7% | −14.4 pts | −41.0 pts |
| TEMC Corgi TEM 2x Daily ETF Aims to return twice the daily move of TEM | TEMT Tradr 2X Long TEM Daily ETF Aims to return twice the daily move of TEM | |
|---|---|---|
| Issuer | Corgi | Tradr |
| Sets out to return | +2x | +2x |
| On | TEM | TEM |
| Segment | company | company |
| Fund returned, 3 months | +7.1% | +24.1% |
| Underlying returned, 3 months | +8.1% | +23.4% |
| What the stated multiple implies, 3 months | +16.1% | +46.8% |
| Difference from stated, 3 months | −9.0 pts | −22.7 pts |
| Fund returned, 1 year or since launch | −11.7% | −76.2% |
| Difference from stated, over that window | −14.4 pts | −9.1 pts |
| Underlying volatility | 111% | 89% |
| Difference over the days both have traded | −9.0 pts | −9.8 pts |
| Expense ratio | not published | 1.31% |
| Launched | Jul 10, 2026 | May 13, 2025 |
TEMC in plain words
One month to Sep 11, 2026: TEMC returned +7.1% where its own daily promise gave +7.2%, 0.1 points short. Read the multiple against the whole window instead and +2 times TEM's 8.1% implies +16.1%, which makes TEMC look 9.0 points short. 8.9 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. TEMC aims to return +2 times TEM'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. TEM moved at 111% 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.
TEMT in plain words
Three months to Sep 11, 2026: TEMT returned +24.1% where its own daily promise gave +27.9%, 3.9 points short. Read the multiple against the whole window instead and +2 times TEM's 23.4% implies +46.8%, which makes TEMT look 22.7 points short. 18.9 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. TEMT aims to return +2 times TEM's move each day, then resets. TEM moved at 89% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, TEMC or TEMT?
- Over the window to Sep 11, 2026, TEMC finished 9.0 points from what its multiple implies and TEMT finished 22.7 points from its own, so TEMC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are TEMC and TEMT levered on the same thing?
- Yes. Both are levered on TEM, TEMC at +2 times and TEMT at +2 times the daily move.
- Which one decays faster, TEMC or TEMT?
- Decay follows how much the underlying moves about. Over this window TEMC’s moved at 111% annualized and TEMT’s at 89%, so TEMC has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold TEMC or TEMT 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, TEMC against TEMT, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/TEMC-TEMT Free to use with attribution; the underlying files are at Open data.