Which came closer to its stated multiple, NVC or NVDU?

Over the window to Sep 30, 2026, NVC finished 4.5 points from what its multiple implies and NVDU finished 5.2 points from its own, so NVC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are NVC and NVDU levered on the same thing?

Yes. Both are levered on NVIDIA, NVC at +2 times and NVDU at +2 times the daily move.

Which one decays faster, NVC or NVDU?

Decay follows how much the underlying moves about. Over this window NVC’s moved at 38% annualized and NVDU’s at 38%, so NVC has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold NVC or NVDU 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, NVC or NVDU?

NVC charges 0.45% a year and NVDU charges 0.92%, so NVC is cheaper. Fees come from each fund's prospectus.

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NVC vs NVDU: which held to its multiple?

Over the days both have traded, NVC finished 4.5 points from its stated multiple and NVDU 5.2. Corgi NVDA 2x Daily ETF and Direxion Daily NVDA Bull 2X ETF.

+26.9%

NVC returned, 3 months

+26.3%

NVDU returned, 3 months

−4.5 pts

NVC from its stated multiple

−5.2 pts

NVDU from its stated multiple

NVC · 3 months to Sep 30, 20264.5 pts short of its stated multiple

NVC returned +26.9% while 2 times NVDA's move would have been +31.4%

NVDU · 3 months to Sep 30, 20265.2 pts short of its stated multiple

NVDU returned +26.3% while 2 times NVDA's move would have been +31.4%

ETFIQ Decay Resistance Score · NVC scores higherDid it keep up with its own daily multiple, compounded day by day?

NVC 61.9

NVDU 43.2

0.1, the lowest in this set99.9, the highest

A percentile among the 470 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →

Performance, window by window

	Total return		Multiple would give		Difference
Window	NVC	NVDU	NVC	NVDU	NVC	NVDU
1 month	+6.7%	+5.7%	+7.1%	+7.1%	−0.5 pts	−1.4 pts
3 months	+26.9%	+26.3%	+31.4%	+31.4%	−4.5 pts	−5.2 pts
6 months	not published	+50.1%	not published	+60.5%	not published	−10.3 pts
1 year	not published	+17.9%	not published	+45.4%	not published	−27.5 pts
3 years	not published	+674.6%	not published	not meaningful	not published	not meaningful
Since launch NVC Jun 2026 · NVDU Sep 2023	+24.7%	+621.0%	+28.5%	not meaningful	−3.9 pts	not meaningful

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

On the same fields

NVC

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

NVDU

Direxion Daily NVDA Bull 2X ETF · Aims to return twice the daily move of NVIDIA (NVDA)

Issuer Corgi Direxion

Sets out to return +2x +2x

Underlying asset NVDA NVDA

Segment company company

Fund returned, 3 months or since launch +26.9% +26.3%

Underlying returned, over that window +15.7% +15.7%

What the stated multiple implies, over that window +31.4% +31.4%

Difference from stated, over that window −4.5 pts −5.2 pts

Fund returned, 1 year or since launch +24.7% +17.9%

Difference from stated, over that window −3.9 pts −27.5 pts

Underlying volatility 38% 38%

Difference over the days both have traded −4.5 pts −5.2 pts

Expense ratio 0.45% 0.92%

Launched Jun 30, 2026 Sep 13, 2023

Net assets $479,525 $532m

NVC and NVDU on the same fields, as of Sep 30, 2026. Source: ETFIQ.

NVC in plain words

Three months to Sep 30, 2026: NVC returned +26.9% where its own daily promise gave +29.2%, 2.2 points short. Read the multiple against the whole window instead and 2 times NVDA's 15.7% implies +31.4%, which makes NVC look 4.5 points short. 2.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. NVC aims to return +2 times NVDA'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. NVDA moved at 38% 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.

NVDU in plain words

Three months to Sep 30, 2026: NVDU returned +26.3% where its own daily promise gave +29.2%, 2.9 points short. Read the multiple against the whole window instead and 2 times NVDA's 15.7% implies +31.4%, which makes NVDU look 5.2 points short. NVDU aims to return +2 times NVDA's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, NVC or NVDU?: Over the window to Sep 30, 2026, NVC finished 4.5 points from what its multiple implies and NVDU finished 5.2 points from its own, so NVC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are NVC and NVDU levered on the same thing?: Yes. Both are levered on NVIDIA, NVC at +2 times and NVDU at +2 times the daily move.
Which one decays faster, NVC or NVDU?: Decay follows how much the underlying moves about. Over this window NVC’s moved at 38% annualized and NVDU’s at 38%, so NVC has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold NVC or NVDU 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, NVC or NVDU?: NVC charges 0.45% a year and NVDU charges 0.92%, so NVC is cheaper. Fees come from each fund's prospectus.

Other comparisons

NVC vs NVDS NVC vs NVDD NVC vs NVDG NVC vs NVDL NVDU vs NVDX NVDU vs NVD NVDU vs NVDD NVDU vs NVDG

NVC on its own →NVDU on its own →How every figure is computed →Standards and sources →

Where these figures came from

NVC filings on SEC EDGAR ↗NVC prospectus with the expense ratio (SEC) ↗Corgi website ↗NVDU filings on SEC EDGAR ↗NVDU prospectus with the expense ratio (SEC) ↗Direxion website ↗

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, NVC against NVDU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/nvc-vs-nvdu

Open data

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