INT vs INTW: which held to its multiple?

Over the days both have traded, INT finished 1.6 points from its stated multiple and INTW 1.7. Corgi INTC 2x Daily ETF and GraniteShares 2x Long INTC Daily ETF.

+3.4%
INT returned, since launch
−24.8%
INTW returned, 3 months
−15.5 pts
INT from its stated multiple
−14.1 pts
INTW from its stated multiple
INT · 1 month to Sep 30, 20261.6 pts ahead of its stated multiple
1.6 pts ahead of its stated multipleINT returned +70.2% while 2 times INTC's move would have been +68.6%INTC +34.3% ×2 implies+68.6%INT returned+70.2%1.6 pts ahead of its stated multipleINT returned +70.2% while 2 times INTC's move would have been +68.6%INTC +34.3% ×2 implies+68.6%INT returned+70.2%

INT returned +70.2% while 2 times INTC's move would have been +68.6%

INTW · 3 months to Sep 30, 202614.1 pts short of its stated multiple
14.1 pts short of its stated multipleINTW returned −24.8% while 2 times INTC's move would have been −10.7%INTC −5.3% ×2 implies−10.7%INTW returned−24.8%14.1 pts short of its stated multipleINTW returned −24.8% while 2 times INTC's move would have been −10.7%INTC −5.3% ×2 implies−10.7%INTW returned−24.8%

INTW returned −24.8% while 2 times INTC's move would have been −10.7%

Performance, window by window

Total returnMultiple would giveDifference
WindowINTINTWINTINTWINTINTW
1 month+70.2%+70.4%+68.6%+68.6%+1.6 pts+1.7 pts
3 monthsnot published−24.8%not published−10.7%not published−14.1 pts
6 monthsnot published+312.3%not publishednot meaningfulnot publishednot meaningful
1 yearnot published+541.1%not publishednot meaningfulnot publishednot meaningful
Since launch
INT Jul 2026 · INTW Feb 2025
+3.4%+772.3%+18.9%not meaningful−15.5 ptsnot meaningful

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

On the same fields

INT
Corgi INTC 2x Daily ETF · Aims to return twice the daily move of Intel (INTC)
INTW
GraniteShares 2x Long INTC Daily ETF · Aims to return twice the daily move of Intel (INTC)
Issuer Corgi GraniteShares
Sets out to return +2x +2x
Underlying asset INTC INTC
Segment company company
Fund returned, 3 months or since launch +70.2% −24.8%
Underlying returned, over that window +34.3% −5.3%
What the stated multiple implies, over that window +68.6% −10.7%
Difference from stated, over that window +1.6 pts −14.1 pts
Fund returned, 1 year or since launch +3.4% +541.1%
Difference from stated, over that window −15.5 pts not available
Underlying volatility 72% 73%
Difference over the days both have traded +1.6 pts +1.7 pts
Expense ratio 0.45% 1.50%
Launched Jul 10, 2026 Feb 13, 2025
Net assets $2m $597m

INT and INTW on the same fields, as of Sep 30, 2026. Source: ETFIQ.

INT in plain words

One month to Sep 30, 2026: INT returned +70.2% where its own daily promise gave +72.7%, 2.5 points short. Read the multiple against the whole window instead and 2 times INTC's 34.3% implies +68.6%, which makes INT look 1.6 points over. 4.1 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. INT aims to return +2 times INTC'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. INTC moved at 72% 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.

INTW in plain words

Three months to Sep 30, 2026: INTW returned −24.8% where its own daily promise gave −21.4%, 3.5 points short. Read the multiple against the whole window instead and 2 times INTC's −5.3% implies −10.7%, which makes INTW look 14.1 points short. 10.7 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. INTW aims to return +2 times INTC's move each day, then resets. INTC moved at 73% annualized over that window.

Questions people ask

Which came closer to its stated multiple, INT or INTW?
Over the window to Sep 30, 2026, INT finished 1.6 points from what its multiple implies and INTW finished 14.1 points from its own, so INT came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are INT and INTW levered on the same thing?
Yes. Both are levered on Intel, INT at +2 times and INTW at +2 times the daily move.
Which one decays faster, INT or INTW?
Decay follows how much the underlying moves about. Over this window INT’s moved at 72% annualized and INTW’s at 73%, so INTW has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold INT or INTW 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, INT or INTW?
INT charges 0.45% a year and INTW charges 1.50%, so INT is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, INT against INTW, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/int-vs-intw

Open data

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