{"url":"https://etfiq.com/compare/leverage/appc-vs-appx","section":"compare","title":"APPC vs APPX: which held to its multiple? | ETFIQ","description":"APPC sets out to return +2 times APP each day and APPX +2 times. Over the three months to Sep 30, 2026 they finished +19.8 pts and +19.6 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, APPC or APPX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, APPC finished 19.8 points from what its multiple implies and APPX finished 19.6 points from its own, so APPX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are APPC and APPX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Applovin, APPC at +2 times and APPX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, APPC or APPX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window APPC\u2019s moved at 62% annualized and APPX\u2019s at 62%, so APPC has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold APPC or APPX for a year?","acceptedAnswer":{"@type":"Answer","text":"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\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, APPC or APPX?","acceptedAnswer":{"@type":"Answer","text":"APPC charges 0.45% a year and APPX charges 1.36%, so APPC is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"APPC vs APPX","item":"https://etfiq.com/compare/leverage/appc-vs-appx"}]},{"@type":"WebPage","name":"APPC vs APPX: which held to its multiple?","description":"APPC sets out to return +2 times APP each day and APPX +2 times. Over the three months to Sep 30, 2026 they finished +19.8 pts and +19.6 pts away.","url":"https://etfiq.com/compare/leverage/appc-vs-appx","dateModified":"2026-09-30","abstract":"Over the days both have traded, APPC finished 19.8 points from its stated multiple and APPX 19.6.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of APPC and APPX","description":"APPC sets out to return +2 times APP each day and APPX +2 times. Over the three months to Sep 30, 2026 they finished +19.8 pts and +19.6 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/appc-vs-appx","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6407,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / APPC vs APPX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n APPC vs APPX: which held to its multiple?\n\n Over the days both have traded, APPC finished 19.8 points from its stated multiple and APPX 19.6.\n Copy this for sharing \n \n Corgi APP 2x Daily ETF and Tradr 2X Long APP Daily ETF.\n\n Download as PDF \n\n \u221277.3% APPC returned, 3 months \n \u221277.5% APPX returned, 3 months \n +19.8 pts APPC from its stated multiple \n +19.6 pts APPX from its stated multiple \n\n ETFIQ Decay Resistance Score: APPC scores higher\n Did it keep up with its own ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/appc-vs-appx","a":{"ticker":"APPC","name":"Corgi APP 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: APPC returned \u221277.3% where its own daily promise gave \u221276.8%, 0.4 points short.","url":"https://etfiq.com/funds/appc","key_facts":[{"label":"What APP did","value":"\u221248.6%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221276.8%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221277.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22120.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$356,965","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 5, 2026"}]},"b":{"ticker":"APPX","name":"Tradr 2X Long APP Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: APPX returned \u221277.5% where its own daily promise gave \u221276.8%, 0.7 points short.","url":"https://etfiq.com/funds/appx","key_facts":[{"label":"What APP did","value":"\u221248.6%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221276.8%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221277.5%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22120.7 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$74m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.36%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 23, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/appc-vs-appx"}