ACHX vs ARCX: which held to its multiple?

Over the days both have traded, ACHX finished 17.4 points from its stated multiple and ARCX 18.0. Corgi ACHR 2x Daily ETF and Tradr 2X Long ACHR Daily ETF.

−15.4%
ACHX returned, 3 months
−15.9%
ARCX returned, 3 months
−17.4 pts
ACHX from its stated multiple
−18.0 pts
ARCX from its stated multiple
ACHX · 3 months to Sep 30, 202617.4 pts short of its stated multiple
17.4 pts short of its stated multipleACHX returned −15.4% while 2 times ACHR's move would have been +2.0%ACHR +1.0% ×2 implies+2.0%ACHX returned−15.4%17.4 pts short of its stated multipleACHX returned −15.4% while 2 times ACHR's move would have been +2.0%ACHR +1.0% ×2 implies+2.0%ACHX returned−15.4%

ACHX returned −15.4% while 2 times ACHR's move would have been +2.0%

ARCX · 3 months to Sep 30, 202618 pts short of its stated multiple
18 pts short of its stated multipleARCX returned −15.9% while 2 times ACHR's move would have been +2.0%ACHR +1.0% ×2 implies+2.0%ARCX returned−15.9%18 pts short of its stated multipleARCX returned −15.9% while 2 times ACHR's move would have been +2.0%ACHR +1.0% ×2 implies+2.0%ARCX returned−15.9%

ARCX returned −15.9% while 2 times ACHR's move would have been +2.0%

ETFIQ Decay Resistance Score · ACHX scores higherDid it keep up with its own daily multiple, compounded day by day?
0.1, the lowest in this set99.9, the highest

A percentile among the 470 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →

Performance, window by window

Total returnMultiple would giveDifference
WindowACHXARCXACHXARCXACHXARCX
1 month−28.1%−29.6%−28.0%−28.0%−0.1 pts−1.6 pts
3 months−15.4%−15.9%+2.0%+2.0%−17.4 pts−18.0 pts
6 monthsnot published−33.9%not published−9.2%not published−24.7 pts
1 yearnot published−86.4%not published−96.2%not published+9.9 pts
Since launch
ACHX Jun 2026 · ARCX Jun 2025
−8.1%−92.3%+10.1%−112.7%−18.3 pts+20.4 pts

ACHX and ARCX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

ACHX
Corgi ACHR 2x Daily ETF · Aims to return twice the daily move of Archer Aviation (ACHR)
ARCX
Tradr 2X Long ACHR Daily ETF · Aims to return twice the daily move of Archer Aviation (ACHR)
Issuer Corgi Tradr
Sets out to return +2x +2x
Underlying asset ACHR ACHR
Segment company company
Fund returned, 3 months or since launch −15.4% −15.9%
Underlying returned, over that window +1.0% +1.0%
What the stated multiple implies, over that window +2.0% +2.0%
Difference from stated, over that window −17.4 pts −18.0 pts
Fund returned, 1 year or since launch −8.1% −86.4%
Difference from stated, over that window −18.3 pts +9.9 pts
Underlying volatility 81% 81%
Difference over the days both have traded −17.4 pts −18.0 pts
Expense ratio 0.45% 1.30%
Launched Jun 30, 2026 Jun 10, 2025
Net assets $348,475 $6m

ACHX and ARCX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ACHX in plain words

Three months to Sep 30, 2026: ACHX returned −15.4% where its own daily promise gave −12.2%, 3.2 points short. Read the multiple against the whole window instead and 2 times ACHR's 1.0% implies +2.0%, which makes ACHX look 17.4 points short. 14.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. ACHX aims to return +2 times ACHR'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. ACHR moved at 81% 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.

ARCX in plain words

Three months to Sep 30, 2026: ARCX returned −15.9% where its own daily promise gave −12.2%, 3.7 points short. Read the multiple against the whole window instead and 2 times ACHR's 1.0% implies +2.0%, which makes ARCX look 18.0 points short. ARCX aims to return +2 times ACHR's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, ACHX or ARCX?
Over the window to Sep 30, 2026, ACHX finished 17.4 points from what its multiple implies and ARCX finished 18.0 points from its own, so ACHX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are ACHX and ARCX levered on the same thing?
Yes. Both are levered on Archer Aviation, ACHX at +2 times and ARCX at +2 times the daily move.
Which one decays faster, ACHX or ARCX?
Decay follows how much the underlying moves about. Over this window ACHX’s moved at 81% annualized and ARCX’s at 81%, so ACHX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold ACHX or ARCX 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, ACHX or ARCX?
ACHX charges 0.45% a year and ARCX charges 1.30%, so ACHX is cheaper. Fees come from each fund's prospectus.
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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. A comparison is not a recommendation.

Cite this page

ETFIQ, ACHX against ARCX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/achx-vs-arcx

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.