Which came closer to its stated multiple, LITC or LITU?

Over the window to Sep 30, 2026, LITC finished 5.2 points from what its multiple implies and LITU finished 29.5 points from its own, so LITC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are LITC and LITU levered on the same thing?

Yes. Both are levered on Lumentum, LITC at +2 times and LITU at +2 times the daily move.

Which one decays faster, LITC or LITU?

Decay follows how much the underlying moves about. Over this window LITC’s moved at 74% annualized and LITU’s at 96%, so LITU has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold LITC or LITU 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, LITC or LITU?

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

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LITC vs LITU: which held to its multiple?

Over the days both have traded, LITC finished 5.2 points from its stated multiple and LITU 5.1. Corgi LITE 2x Daily ETF and T-REX 2X LONG LITE DAILY TARGET ETF.

+18.4%

LITC returned, since launch

+12.9%

LITU returned, 3 months

−23.8 pts

LITC from its stated multiple

−29.5 pts

LITU from its stated multiple

LITC · 1 month to Sep 30, 20265.2 pts short of its stated multiple

LITC returned +7.2% while 2 times LITE's move would have been +12.4%

LITU · 3 months to Sep 30, 202629.5 pts short of its stated multiple

LITU returned +12.9% while 2 times LITE's move would have been +42.5%

Performance, window by window

	Total return		Multiple would give		Difference
Window	LITC	LITU	LITC	LITU	LITC	LITU
1 month	+7.2%	+7.3%	+12.4%	+12.4%	−5.2 pts	−5.1 pts
3 months	not published	+12.9%	not published	+42.5%	not published	−29.5 pts
Since launch LITC Jul 2026 · LITU May 2026	+18.4%	−30.3%	+42.2%	+1.4%	−23.8 pts	−31.7 pts

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

On the same fields

LITC

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

LITU

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

Issuer Corgi T-REX

Sets out to return +2x +2x

Underlying asset LITE LITE

Segment company company

Fund returned, 3 months or since launch +7.2% +12.9%

Underlying returned, over that window +6.2% +21.2%

What the stated multiple implies, over that window +12.4% +42.5%

Difference from stated, over that window −5.2 pts −29.5 pts

Fund returned, 1 year or since launch +18.4% −30.3%

Difference from stated, over that window −23.8 pts −31.7 pts

Underlying volatility 74% 96%

Difference over the days both have traded −5.2 pts −5.1 pts

Expense ratio 0.45% 1.50%

Launched Jul 10, 2026 May 21, 2026

Net assets $453,513 $5m

LITC and LITU on the same fields, as of Sep 30, 2026. Source: ETFIQ.

LITC in plain words

One month to Sep 30, 2026: LITC returned +7.2% where its own daily promise gave +7.8%, 0.6 points short. Read the multiple against the whole window instead and 2 times LITE's 6.2% implies +12.4%, which makes LITC look 5.2 points short. 4.6 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. LITC aims to return +2 times LITE'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. LITE moved at 74% 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.

LITU in plain words

Three months to Sep 30, 2026: LITU returned +12.9% where its own daily promise gave +17.3%, 4.4 points short. Read the multiple against the whole window instead and 2 times LITE's 21.2% implies +42.5%, which makes LITU look 29.5 points short. 25.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. LITU aims to return +2 times LITE's move each day, then resets. LITE moved at 96% annualized over that window.

Questions people ask

Which came closer to its stated multiple, LITC or LITU?: Over the window to Sep 30, 2026, LITC finished 5.2 points from what its multiple implies and LITU finished 29.5 points from its own, so LITC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are LITC and LITU levered on the same thing?: Yes. Both are levered on Lumentum, LITC at +2 times and LITU at +2 times the daily move.
Which one decays faster, LITC or LITU?: Decay follows how much the underlying moves about. Over this window LITC’s moved at 74% annualized and LITU’s at 96%, so LITU has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold LITC or LITU 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, LITC or LITU?: LITC charges 0.45% a year and LITU charges 1.50%, so LITC is cheaper. Fees come from each fund's prospectus.

Other comparisons

LITC vs LITG LITC vs LITX LITC vs LITZ LITU vs LITX LITU vs LITZ LITU vs LITG

LITC on its own →LITU on its own →How every figure is computed →Standards and sources →

Where these figures came from

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

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, LITC against LITU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/litc-vs-litu

Open data

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