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

Over the window to Sep 30, 2026, COHC finished 6.3 points from what its multiple implies and COHX finished 10.3 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 COHX levered on the same thing?

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

Which one decays faster, COHC or COHX?

Decay follows how much the underlying moves about. Over this window COHC’s moved at 75% annualized and COHX’s at 99%, so COHX has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold COHC or COHX 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 COHX?

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

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COHC vs COHX: which held to its multiple?

Over the days both have traded, COHC finished 6.3 points from its stated multiple and COHX 6.5. Corgi COHR 2x Daily ETF and Tradr 2X Long COHR Daily ETF.

−35.4%

COHC returned, since launch

−54.2%

COHX returned, 3 months

−18.7 pts

COHC from its stated multiple

−10.3 pts

COHX 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%

COHX · 3 months to Sep 30, 202610.3 pts short of its stated multiple

COHX returned −54.2% while 2 times COHR's move would have been −43.9%

Performance, window by window

	Total return		Multiple would give		Difference
Window	COHC	COHX	COHC	COHX	COHC	COHX
1 month	+0.9%	+0.6%	+7.2%	+7.2%	−6.3 pts	−6.5 pts
3 months	not published	−54.2%	not published	−43.9%	not published	−10.3 pts
6 months	not published	−17.9%	not published	+32.3%	not published	−50.2 pts
Since launch COHC Jul 2026 · COHX Feb 2026	−35.4%	−17.0%	−16.8%	+47.6%	−18.7 pts	−64.6 pts

COHC and COHX 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)

COHX

Tradr 2X Long COHR Daily ETF · Aims to return twice 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% −54.2%

Underlying returned, over that window +3.6% −21.9%

What the stated multiple implies, over that window +7.2% −43.9%

Difference from stated, over that window −6.3 pts −10.3 pts

Fund returned, 1 year or since launch −35.4% −17.0%

Difference from stated, over that window −18.7 pts −64.6 pts

Underlying volatility 75% 99%

Difference over the days both have traded −6.3 pts −6.5 pts

Expense ratio 0.45% 1.49%

Launched Jul 7, 2026 Feb 19, 2026

Net assets $492,114 $122m

COHC and COHX 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.

COHX in plain words

Three months to Sep 30, 2026: COHX returned −54.2% where its own daily promise gave −52.8%, 1.4 points short. Read the multiple against the whole window instead and 2 times COHR's −21.9% implies −43.9%, which makes COHX look 10.3 points short. 9.0 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. COHX aims to return +2 times COHR's move each day, then resets. COHR moved at 99% annualized over that window.

Questions people ask

Which came closer to its stated multiple, COHC or COHX?: Over the window to Sep 30, 2026, COHC finished 6.3 points from what its multiple implies and COHX finished 10.3 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 COHX levered on the same thing?: Yes. Both are levered on Coherent, COHC at +2 times and COHX at +2 times the daily move.
Which one decays faster, COHC or COHX?: Decay follows how much the underlying moves about. Over this window COHC’s moved at 75% annualized and COHX’s at 99%, so COHX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold COHC or COHX 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 COHX?: COHC charges 0.45% a year and COHX charges 1.49%, so COHC is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

COHC on its own →COHX 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 ↗COHX filings on SEC EDGAR ↗COHX 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 COHX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/cohc-vs-cohx

Open data

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