Which came closer to its stated multiple, GEVC or GEVX?

Over the window to Sep 30, 2026, GEVC finished 2.2 points from what its multiple implies and GEVX finished 3.0 points from its own, so GEVC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are GEVC and GEVX levered on the same thing?

Yes. Both are levered on GE Vernova, GEVC at +2 times and GEVX at +2 times the daily move.

Which one decays faster, GEVC or GEVX?

Decay follows how much the underlying moves about. Over this window GEVC’s moved at 42% annualized and GEVX’s at 49%, so GEVX has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold GEVC or GEVX 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, GEVC or GEVX?

GEVC charges 0.45% a year and GEVX charges 1.30%, so GEVC is cheaper. Fees come from each fund's prospectus.

Share on X Download as PDF Open live

GEVC vs GEVX: which held to its multiple?

Over the days both have traded, GEVC finished 2.2 points from its stated multiple and GEVX 2.7. Corgi GEV 2x Daily ETF and Tradr 2X Long GEV Daily ETF.

−30.3%

GEVC returned, since launch

−35.4%

GEVX returned, 3 months

−4.5 pts

GEVC from its stated multiple

−3.0 pts

GEVX from its stated multiple

GEVC · 1 month to Sep 30, 20262.2 pts short of its stated multiple

GEVC returned +9.3% while 2 times GEV's move would have been +11.6%

GEVX · 3 months to Sep 30, 20263 pts short of its stated multiple

GEVX returned −35.4% while 2 times GEV's move would have been −32.4%

Performance, window by window

	Total return		Multiple would give		Difference
Window	GEVC	GEVX	GEVC	GEVX	GEVC	GEVX
1 month	+9.3%	+8.9%	+11.6%	+11.6%	−2.2 pts	−2.7 pts
3 months	not published	−35.4%	not published	−32.4%	not published	−3.0 pts
6 months	not published	−6.0%	not published	+12.6%	not published	−18.6 pts
1 year	not published	+68.8%	not published	+109.9%	not published	−41.1 pts
Since launch GEVC Jul 2026 · GEVX Jul 2025	−30.3%	+106.0%	−25.8%	+153.5%	−4.5 pts	−47.6 pts

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

On the same fields

GEVC

Corgi GEV 2x Daily ETF · Aims to return twice the daily move of GE Vernova (GEV)

GEVX

Tradr 2X Long GEV Daily ETF · Aims to return twice the daily move of GE Vernova (GEV)

Issuer Corgi Tradr

Sets out to return +2x +2x

Underlying asset GEV GEV

Segment company company

Fund returned, 3 months or since launch +9.3% −35.4%

Underlying returned, over that window +5.8% −16.2%

What the stated multiple implies, over that window +11.6% −32.4%

Difference from stated, over that window −2.2 pts −3.0 pts

Fund returned, 1 year or since launch −30.3% +68.8%

Difference from stated, over that window −4.5 pts −41.1 pts

Underlying volatility 42% 49%

Difference over the days both have traded −2.2 pts −2.7 pts

Expense ratio 0.45% 1.30%

Launched Jul 10, 2026 Jul 11, 2025

Net assets $270,248 $36m

GEVC and GEVX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

GEVC in plain words

One month to Sep 30, 2026: GEVC returned +9.3% where its own daily promise gave +10.1%, 0.8 points short. Read the multiple against the whole window instead and 2 times GEV's 5.8% implies +11.6%, which makes GEVC look 2.2 points short. 1.5 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. GEVC aims to return +2 times GEV'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. GEV moved at 42% 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.

GEVX in plain words

Three months to Sep 30, 2026: GEVX returned −35.4% where its own daily promise gave −34.1%, 1.2 points short. Read the multiple against the whole window instead and 2 times GEV's −16.2% implies −32.4%, which makes GEVX look 3.0 points short. 1.7 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. GEVX aims to return +2 times GEV's move each day, then resets. GEV moved at 49% annualized over that window.

Questions people ask

Which came closer to its stated multiple, GEVC or GEVX?: Over the window to Sep 30, 2026, GEVC finished 2.2 points from what its multiple implies and GEVX finished 3.0 points from its own, so GEVC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are GEVC and GEVX levered on the same thing?: Yes. Both are levered on GE Vernova, GEVC at +2 times and GEVX at +2 times the daily move.
Which one decays faster, GEVC or GEVX?: Decay follows how much the underlying moves about. Over this window GEVC’s moved at 42% annualized and GEVX’s at 49%, so GEVX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold GEVC or GEVX 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, GEVC or GEVX?: GEVC charges 0.45% a year and GEVX charges 1.30%, so GEVC is cheaper. Fees come from each fund's prospectus.

Other comparisons

GEVC vs GEVG GEVX vs GEVG

GEVC on its own →GEVX on its own →How every figure is computed →Standards and sources →

Where these figures came from

GEVC filings on SEC EDGAR ↗GEVC prospectus with the expense ratio (SEC) ↗Corgi website ↗GEVX filings on SEC EDGAR ↗GEVX 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, GEVC against GEVX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/gevc-vs-gevx

Open data

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