JOBC vs JOBX: which held to its multiple?

Over the days both have traded, JOBC finished 0.2 points from its stated multiple and JOBX 0.1. Corgi JOBY 2x Daily ETF and Tradr 2X Long JOBY Daily ETF.

−44.5%
JOBC returned, since launch
−58.8%
JOBX returned, 3 months
−1.2 pts
JOBC from its stated multiple
+4.3 pts
JOBX from its stated multiple
JOBC · 1 month to Sep 30, 2026On its stated multiple
On its stated multipleJOBC returned −23.3% while 2 times JOBY's move would have been −23.1%JOBY −11.6% ×2 implies−23.1%JOBC returned−23.3%On its stated multipleJOBC returned −23.3% while 2 times JOBY's move would have been −23.1%JOBY −11.6% ×2 implies−23.1%JOBC returned−23.3%

JOBC returned −23.3% while 2 times JOBY's move would have been −23.1%

JOBX · 3 months to Sep 30, 20264.3 pts ahead of its stated multiple
4.3 pts ahead of its stated multipleJOBX returned −58.8% while 2 times JOBY's move would have been −63.1%JOBY −31.6% ×2 implies−63.1%JOBX returned−58.8%4.3 pts ahead of its stated multipleJOBX returned −58.8% while 2 times JOBY's move would have been −63.1%JOBY −31.6% ×2 implies−63.1%JOBX returned−58.8%

JOBX returned −58.8% while 2 times JOBY's move would have been −63.1%

Performance, window by window

Total returnMultiple would giveDifference
WindowJOBCJOBXJOBCJOBXJOBCJOBX
1 month−23.3%−23.2%−23.1%−23.1%−0.2 pts−0.1 pts
3 monthsnot published−58.8%not published−63.1%not published+4.3 pts
6 monthsnot published−60.2%not published−53.7%not published−6.5 pts
1 yearnot published−92.6%not published−125.0%not published+32.4 pts
Since launch
JOBC Jul 2026 · JOBX Sep 2025
−44.5%−90.2%−43.3%−109.8%−1.2 pts+19.7 pts

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

On the same fields

JOBC
Corgi JOBY 2x Daily ETF · Aims to return twice the daily move of Joby Aviation (JOBY)
JOBX
Tradr 2X Long JOBY Daily ETF · Aims to return twice the daily move of Joby Aviation (JOBY)
Issuer Corgi Tradr
Sets out to return +2x +2x
Underlying asset JOBY JOBY
Segment company company
Fund returned, 3 months or since launch −23.3% −58.8%
Underlying returned, over that window −11.6% −31.6%
What the stated multiple implies, over that window −23.1% −63.1%
Difference from stated, over that window −0.2 pts +4.3 pts
Fund returned, 1 year or since launch −44.5% −92.6%
Difference from stated, over that window −1.2 pts +32.4 pts
Underlying volatility 37% 59%
Difference over the days both have traded −0.2 pts −0.1 pts
Expense ratio 0.45% 1.30%
Launched Jul 10, 2026 Sep 9, 2025
Net assets $258,644 $16m

JOBC and JOBX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

JOBC in plain words

One month to Sep 30, 2026: JOBC returned −23.3% where its own daily promise gave −22.7%, 0.5 points short. Read the multiple against the whole window instead and 2 times JOBY's −11.6% implies −23.1%, which makes JOBC look 0.2 points short. 0.4 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. JOBC aims to return +2 times JOBY'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. JOBY moved at 37% 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.

JOBX in plain words

Three months to Sep 30, 2026: JOBX returned −58.8% where its own daily promise gave −57.2%, 1.6 points short. Read the multiple against the whole window instead and 2 times JOBY's −31.6% implies −63.1%, which makes JOBX look 4.3 points over. 5.9 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. JOBX aims to return +2 times JOBY's move each day, then resets. JOBY moved at 59% annualized over that window.

Questions people ask

Which came closer to its stated multiple, JOBC or JOBX?
Over the window to Sep 30, 2026, JOBC finished 0.2 points from what its multiple implies and JOBX finished 4.3 points from its own, so JOBC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are JOBC and JOBX levered on the same thing?
Yes. Both are levered on Joby Aviation, JOBC at +2 times and JOBX at +2 times the daily move.
Which one decays faster, JOBC or JOBX?
Decay follows how much the underlying moves about. Over this window JOBC’s moved at 37% annualized and JOBX’s at 59%, so JOBX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold JOBC or JOBX 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, JOBC or JOBX?
JOBC charges 0.45% a year and JOBX charges 1.30%, so JOBC is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

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, JOBC against JOBX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/jobc-vs-jobx

Open data

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