{"url":"https://etfiq.com/compare/leverage/mpwc-vs-mpwx","section":"compare","title":"MPWC vs MPWX: which held to its multiple? | ETFIQ","description":"MPWC sets out to return +2 times MPWR each day and MPWX +2 times. Over the month to Sep 30, 2026 they finished \u22123.0 pts and \u22122.9 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, MPWC or MPWX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, MPWC finished 3.0 points from what its multiple implies and MPWX finished 9.2 points from its own, so MPWC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are MPWC and MPWX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Monolithic Power Systems, MPWC at +2 times and MPWX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, MPWC or MPWX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window MPWC\u2019s moved at 50% annualized and MPWX\u2019s at 53%, so MPWX has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold MPWC or MPWX for a year?","acceptedAnswer":{"@type":"Answer","text":"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\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, MPWC or MPWX?","acceptedAnswer":{"@type":"Answer","text":"MPWC charges 0.45% a year and MPWX charges 1.49%, so MPWC is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"MPWC vs MPWX","item":"https://etfiq.com/compare/leverage/mpwc-vs-mpwx"}]},{"@type":"WebPage","name":"MPWC vs MPWX: which held to its multiple?","description":"MPWC sets out to return +2 times MPWR each day and MPWX +2 times. Over the month to Sep 30, 2026 they finished \u22123.0 pts and \u22122.9 pts away.","url":"https://etfiq.com/compare/leverage/mpwc-vs-mpwx","dateModified":"2026-09-30","abstract":"Over the days both have traded, MPWC finished 3.0 points from its stated multiple and MPWX 2.9.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of MPWC and MPWX","description":"MPWC sets out to return +2 times MPWR each day and MPWX +2 times. Over the month to Sep 30, 2026 they finished \u22123.0 pts and \u22122.9 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/mpwc-vs-mpwx","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6028,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / MPWC vs MPWX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n MPWC vs MPWX: which held to its multiple?\n\n Over the days both have traded, MPWC finished 3.0 points from its stated multiple and MPWX 2.9.\n Copy this for sharing \n \n Corgi MPWR 2x Daily ETF and Tradr 2X Long MPWR Daily ETF.\n\n Download as PDF \n\n +3.4% MPWC returned, since launch \n \u22126.6% MPWX returned, 3 months \n \u22128.6 pts MPWC from its stated multiple \n \u22129.2 pts MPWX from its stated multiple \n\n MPWC 3 pts short of its stated multiple \u00b7 1 month to Sep 30, 2026 [MPWC return","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/mpwc-vs-mpwx","a":{"ticker":"MPWC","name":"Corgi MPWR 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: MPWC returned +9.8% where its own daily promise gave +10.9%, 1.1 points short.","url":"https://etfiq.com/funds/mpwc","key_facts":[{"label":"What MPWR did","value":"+6.4%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+10.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+9.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$457,620","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 5, 2026"}]},"b":{"ticker":"MPWX","name":"Tradr 2X Long MPWR Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: MPWX returned \u22126.6% where its own daily promise gave \u22124.2%, 2.4 points short.","url":"https://etfiq.com/funds/mpwx","key_facts":[{"label":"What MPWR did","value":"+1.3%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22124.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22126.6%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$2m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.49%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 22, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/mpwc-vs-mpwx"}