Which came closer to its stated multiple, GMEC or GMEU?

Over the window to Sep 30, 2026, GMEC finished 6.9 points from what its multiple implies and GMEU finished 13.5 points from its own, so GMEC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are GMEC and GMEU levered on the same thing?

Yes. Both are levered on GameStop, GMEC at +2 times and GMEU at +2 times the daily move.

Which one decays faster, GMEC or GMEU?

Decay follows how much the underlying moves about. Over this window GMEC’s moved at 41% annualized and GMEU’s at 41%, so GMEC has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold GMEC or GMEU 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, GMEC or GMEU?

GMEC charges 0.45% a year and GMEU charges 1.50%, so GMEC is cheaper. Fees come from each fund's prospectus.

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GMEC vs GMEU: which held to its multiple?

Over the days both have traded, GMEC finished 6.9 points from its stated multiple and GMEU 13.5. Corgi GME 2x Daily ETF and T-REX 2X LONG GME DAILY TARGET ETF.

+10.8%

GMEC returned, 3 months

+4.3%

GMEU returned, 3 months

−6.9 pts

GMEC from its stated multiple

−13.5 pts

GMEU from its stated multiple

GMEC · 3 months to Sep 30, 20266.9 pts short of its stated multiple

GMEC returned +10.8% while 2 times GME's move would have been +17.8%

GMEU · 3 months to Sep 30, 202613.5 pts short of its stated multiple

GMEU returned +4.3% while 2 times GME's move would have been +17.8%

ETFIQ Decay Resistance Score · GMEC scores higherDid it keep up with its own daily multiple, compounded day by day?

GMEC 57

GMEU 2.7

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 return		Multiple would give		Difference
Window	GMEC	GMEU	GMEC	GMEU	GMEC	GMEU
1 month	+74.5%	+71.3%	+68.2%	+68.2%	+6.3 pts	+3.1 pts
3 months	+10.8%	+4.3%	+17.8%	+17.8%	−6.9 pts	−13.5 pts
6 months	not published	−9.7%	not published	+16.6%	not published	−26.3 pts
1 year	not published	−49.3%	not published	−19.3%	not published	−30.0 pts
Since launch GMEC Jun 2026 · GMEU Apr 2025	+15.6%	−64.1%	+23.3%	−19.1%	−7.7 pts	−45.0 pts

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

On the same fields

GMEC

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

GMEU

T-REX 2X LONG GME DAILY TARGET ETF · Aims to return twice the daily move of GameStop (GME)

Issuer Corgi T-REX

Sets out to return +2x +2x

Underlying asset GME GME

Segment company company

Fund returned, 3 months or since launch +10.8% +4.3%

Underlying returned, over that window +8.9% +8.9%

What the stated multiple implies, over that window +17.8% +17.8%

Difference from stated, over that window −6.9 pts −13.5 pts

Fund returned, 1 year or since launch +15.6% −49.3%

Difference from stated, over that window −7.7 pts −30.0 pts

Underlying volatility 41% 41%

Difference over the days both have traded −6.9 pts −13.5 pts

Expense ratio 0.45% 1.50%

Launched Jun 30, 2026 Apr 29, 2025

Net assets $433,362 $26m

GMEC and GMEU on the same fields, as of Sep 30, 2026. Source: ETFIQ.

GMEC in plain words

Three months to Sep 30, 2026: GMEC returned +10.8% where its own daily promise gave +13.2%, 2.4 points short. Read the multiple against the whole window instead and 2 times GME's 8.9% implies +17.8%, which makes GMEC look 6.9 points short. 4.5 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. GMEC aims to return +2 times GME'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. GME moved at 41% 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.

GMEU in plain words

Three months to Sep 30, 2026: GMEU returned +4.3% where its own daily promise gave +13.2%, 9.0 points short. Read the multiple against the whole window instead and 2 times GME's 8.9% implies +17.8%, which makes GMEU look 13.5 points short. GMEU aims to return +2 times GME's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, GMEC or GMEU?: Over the window to Sep 30, 2026, GMEC finished 6.9 points from what its multiple implies and GMEU finished 13.5 points from its own, so GMEC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are GMEC and GMEU levered on the same thing?: Yes. Both are levered on GameStop, GMEC at +2 times and GMEU at +2 times the daily move.
Which one decays faster, GMEC or GMEU?: Decay follows how much the underlying moves about. Over this window GMEC’s moved at 41% annualized and GMEU’s at 41%, so GMEC has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold GMEC or GMEU 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, GMEC or GMEU?: GMEC charges 0.45% a year and GMEU charges 1.50%, so GMEC is cheaper. Fees come from each fund's prospectus.

Other comparisons

GMEC on its own →GMEU on its own →How every figure is computed →Standards and sources →

Where these figures came from

GMEC filings on SEC EDGAR ↗GMEC prospectus with the expense ratio (SEC) ↗Corgi website ↗GMEU filings on SEC EDGAR ↗GMEU prospectus with the expense ratio (SEC) ↗T-REX page for GMEU ↗

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, GMEC against GMEU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/gmec-vs-gmeu

Open data

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