LRCC vs LRCU: which held to its multiple?
Over the days both have traded, LRCC finished 2.7 points from its stated multiple and LRCU 2.8. Corgi LRCX 2x Daily ETF and Tradr 2X Long LRCX Daily ETF.
LRCC returned +15.4% while 2 times LRCX's move would have been +18.2%
LRCU returned −39.4% while 2 times LRCX's move would have been −31.9%
Performance, window by window
| Total return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | LRCC | LRCU | LRCC | LRCU | LRCC | LRCU |
| 1 month | +15.4% | +15.3% | +18.2% | +18.2% | −2.7 pts | −2.8 pts |
| 3 months | not published | −39.4% | not published | −31.9% | not published | −7.5 pts |
| 6 months | not published | +63.9% | not published | +96.5% | not published | −32.6 pts |
| 1 year | not published | +267.1% | not published | not meaningful | not published | not meaningful |
| Since launch LRCC Jul 2026 · LRCU Aug 2025 | −9.7% | +539.5% | +1.7% | not meaningful | −11.4 pts | not meaningful |
LRCC and LRCU over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
LRCC and LRCU on the same fields, as of Sep 30, 2026. Source: ETFIQ.
LRCC in plain words
One month to Sep 30, 2026: LRCC returned +15.4% where its own daily promise gave +15.8%, 0.4 points short. Read the multiple against the whole window instead and 2 times LRCX's 9.1% implies +18.2%, which makes LRCC look 2.7 points short. 2.3 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. LRCC aims to return +2 times LRCX'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. LRCX moved at 56% 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.
LRCU in plain words
Three months to Sep 30, 2026: LRCU returned −39.4% where its own daily promise gave −37.6%, 1.8 points short. Read the multiple against the whole window instead and 2 times LRCX's −15.9% implies −31.9%, which makes LRCU look 7.5 points short. 5.7 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. LRCU aims to return +2 times LRCX's move each day, then resets. LRCX moved at 71% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, LRCC or LRCU?
- Over the window to Sep 30, 2026, LRCC finished 2.7 points from what its multiple implies and LRCU finished 7.5 points from its own, so LRCC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are LRCC and LRCU levered on the same thing?
- Yes. Both are levered on Lam Research, LRCC at +2 times and LRCU at +2 times the daily move.
- Which one decays faster, LRCC or LRCU?
- Decay follows how much the underlying moves about. Over this window LRCC’s moved at 56% annualized and LRCU’s at 71%, so LRCU has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold LRCC or LRCU 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.
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.
ETFIQ, LRCC against LRCU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/lrcc-vs-lrcu
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, LRCC against LRCU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/lrcc-vs-lrcu Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, LRCC against LRCU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/lrcc-vs-lrcu
- APA
- ETFIQ. (Sep 30, 2026). LRCC against LRCU. Retrieved from https://etfiq.com/compare/leverage/lrcc-vs-lrcu
- Markdown
- [LRCC against LRCU (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/leverage/lrcc-vs-lrcu)