COIA vs COIX: which held to its multiple?

Over the days both have traded, COIA finished 20.0 points from its stated multiple and COIX 18.0. ProShares Ultra COIN and Corgi COIN 2x Daily ETF.

+14.1%
COIA returned, 3 months
+16.1%
COIX returned, 3 months
−20.0 pts
COIA from its stated multiple
−18.0 pts
COIX from its stated multiple
COIA · 3 months to Sep 30, 202620 pts short of its stated multiple
20 pts short of its stated multipleCOIA returned +14.1% while 2 times COIN's move would have been +34.1%COIN +17.1% ×2 implies+34.1%COIA returned+14.1%20 pts short of its stated multipleCOIA returned +14.1% while 2 times COIN's move would have been +34.1%COIN +17.1% ×2 implies+34.1%COIA returned+14.1%

COIA returned +14.1% while 2 times COIN's move would have been +34.1%

COIX · 3 months to Sep 30, 202618 pts short of its stated multiple
18 pts short of its stated multipleCOIX returned +16.1% while 2 times COIN's move would have been +34.1%COIN +17.1% ×2 implies+34.1%COIX returned+16.1%18 pts short of its stated multipleCOIX returned +16.1% while 2 times COIN's move would have been +34.1%COIN +17.1% ×2 implies+34.1%COIX returned+16.1%

COIX returned +16.1% while 2 times COIN's move would have been +34.1%

ETFIQ Decay Resistance Score · COIX 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
WindowCOIACOIXCOIACOIXCOIACOIX
1 month−8.4%−8.1%−1.8%−1.8%−6.6 pts−6.2 pts
3 months+14.1%+16.1%+34.1%+34.1%−20.0 pts−18.0 pts
6 months−17.3%not published+15.5%not published−32.8 ptsnot published
1 year−85.1%not published−89.5%not published+4.4 ptsnot published
Since launch
COIA Sep 2025 · COIX Jun 2026
−83.4%+37.1%−81.8%+55.0%−1.6 pts−17.9 pts

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

On the same fields

COIA
ProShares Ultra COIN · Aims to return twice the daily move of Coinbase Global (COIN)
COIX
Corgi COIN 2x Daily ETF · Aims to return twice the daily move of Coinbase Global (COIN)
Issuer ProShares Corgi
Sets out to return +2x +2x
Underlying asset COIN COIN
Segment company company
Fund returned, 3 months or since launch +14.1% +16.1%
Underlying returned, over that window +17.1% +17.1%
What the stated multiple implies, over that window +34.1% +34.1%
Difference from stated, over that window −20.0 pts −18.0 pts
Fund returned, 1 year or since launch −85.1% +37.1%
Difference from stated, over that window +4.4 pts −17.9 pts
Underlying volatility 75% 75%
Difference over the days both have traded −20.0 pts −18.0 pts
Expense ratio 0.95% 0.45%
Launched Sep 10, 2025 Jun 30, 2026
Net assets $646,461 $535,650

COIA and COIX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

COIA in plain words

Three months to Sep 30, 2026: COIA returned +14.1% where its own daily promise gave +19.5%, 5.4 points short. Read the multiple against the whole window instead and 2 times COIN's 17.1% implies +34.1%, which makes COIA look 20.0 points short. 14.6 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. COIA aims to return +2 times COIN'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. COIN 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.

COIX in plain words

Three months to Sep 30, 2026: COIX returned +16.1% where its own daily promise gave +19.5%, 3.4 points short. Read the multiple against the whole window instead and 2 times COIN's 17.1% implies +34.1%, which makes COIX look 18.0 points short. COIX aims to return +2 times COIN's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, COIA or COIX?
Over the window to Sep 30, 2026, COIA finished 20.0 points from what its multiple implies and COIX finished 18.0 points from its own, so COIX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are COIA and COIX levered on the same thing?
Yes. Both are levered on Coinbase Global, COIA at +2 times and COIX at +2 times the daily move.
Which one decays faster, COIA or COIX?
Decay follows how much the underlying moves about. Over this window COIA’s moved at 75% annualized and COIX’s at 75%, so COIA has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold COIA or COIX 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, COIA or COIX?
COIA charges 0.95% a year and COIX charges 0.45%, so COIX is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, COIA against COIX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/coia-vs-coix

Open data

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