Which came closer to its stated multiple, COHC or COHQ?

Over the window to Sep 30, 2026, COHC finished 6.3 points from what its multiple implies and COHQ finished 11.6 points from its own, so COHC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are COHC and COHQ levered on the same thing?

Yes. Both are levered on Coherent, COHC at +2 times and COHQ at -2 times the daily move.

Which one decays faster, COHC or COHQ?

Decay follows how much the underlying moves about. Over this window COHC’s moved at 75% annualized and COHQ’s at 75%, so COHC has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold COHC or COHQ 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, COHC or COHQ?

COHC charges 0.45% a year and COHQ charges 1.49%, so COHC is cheaper. Fees come from each fund's prospectus.

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COHC vs COHQ: which held to its multiple?

Over a month against its own daily promise, COHC finished 1.1 points short and COHQ 0.4 points over. Corgi COHR 2x Daily ETF and Tradr 2X Short COHR Daily ETF.

−35.4%

COHC returned, since launch

−4.6%

COHQ returned, since launch

−18.7 pts

COHC from its stated multiple

−16.7 pts

COHQ from its stated multiple

COHC · 1 month to Sep 30, 20266.3 pts short of its stated multiple

COHC returned +0.9% while 2 times COHR's move would have been +7.2%

COHQ · 1 month to Sep 30, 202611.6 pts short of its stated multiple

COHQ returned −18.8% while −2 times COHR's move would have been −7.2%

Performance, window by window

	Total return		Multiple would give		Difference
Window	COHC	COHQ	COHC	COHQ	COHC	COHQ
1 month	+0.9%	−18.8%	+7.2%	−7.2%	−6.3 pts	−11.6 pts
Since launch COHC Jul 2026 · COHQ Aug 2026	−35.4%	−4.6%	−16.8%	+12.2%	−18.7 pts	−16.7 pts

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

On the same fields

COHC

Corgi COHR 2x Daily ETF · Aims to return twice the daily move of Coherent (COHR)

COHQ

Tradr 2X Short COHR Daily ETF · Aims to return twice the opposite of the daily move of Coherent (COHR)

Issuer Corgi Tradr

Sets out to return +2x -2x

Underlying asset COHR COHR

Segment company company

Fund returned, 3 months or since launch +0.9% −18.8%

Underlying returned, over that window +3.6% +3.6%

What the stated multiple implies, over that window +7.2% −7.2%

Difference from stated, over that window −6.3 pts −11.6 pts

Fund returned, 1 year or since launch −35.4% −4.6%

Difference from stated, over that window −18.7 pts −16.7 pts

Underlying volatility 75% 75%

Difference over the days both have traded −6.3 pts no shared window

Expense ratio 0.45% 1.49%

Launched Jul 7, 2026 Aug 18, 2026

Net assets $492,114 $899,988

COHC and COHQ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

COHC in plain words

One month to Sep 30, 2026: COHC returned +0.9% where its own daily promise gave +2.0%, 1.1 points short. Read the multiple against the whole window instead and 2 times COHR's 3.6% implies +7.2%, which makes COHC look 6.3 points short. 5.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. COHC aims to return +2 times COHR'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. COHR moved at 75% 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.

COHQ in plain words

One month to Sep 30, 2026: COHQ returned −18.8% where its own daily promise gave −19.1%, 0.4 points over. Read the multiple against the whole window instead and −2 times COHR's 3.6% implies −7.2%, which makes COHQ look 11.6 points short. 12.0 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. COHQ aims to return -2 times COHR's move each day, then resets. 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.

Questions people ask

Which came closer to its stated multiple, COHC or COHQ?: Over the window to Sep 30, 2026, COHC finished 6.3 points from what its multiple implies and COHQ finished 11.6 points from its own, so COHC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are COHC and COHQ levered on the same thing?: Yes. Both are levered on Coherent, COHC at +2 times and COHQ at -2 times the daily move.
Which one decays faster, COHC or COHQ?: Decay follows how much the underlying moves about. Over this window COHC’s moved at 75% annualized and COHQ’s at 75%, so COHC has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold COHC or COHQ 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, COHC or COHQ?: COHC charges 0.45% a year and COHQ charges 1.49%, so COHC is cheaper. Fees come from each fund's prospectus.

Other comparisons

COHC vs COHH COHC vs COHX COHQ vs COHX COHQ vs COHH

COHC on its own →COHQ on its own →How every figure is computed →Standards and sources →

Where these figures came from

COHC filings on SEC EDGAR ↗COHC prospectus with the expense ratio (SEC) ↗Corgi website ↗COHQ filings on SEC EDGAR ↗COHQ prospectus with the expense ratio (SEC) ↗Tradr website ↗

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, COHC against COHQ, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/cohc-vs-cohq

Open data

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