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

Over the window to Sep 30, 2026, NVC finished 4.5 points from what its multiple implies and NVDX finished 6.8 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 NVDX levered on the same thing?

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

Which one decays faster, NVC or NVDX?

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

Can I hold NVC or NVDX 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 NVDX?

NVC charges 0.45% a year and NVDX charges 1.05%, so NVC is cheaper. Fees come from each fund's prospectus.

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NVC vs NVDX: which held to its multiple?

Over the days both have traded, NVC finished 4.5 points from its stated multiple and NVDX 6.8. Corgi NVDA 2x Daily ETF and T-REX 2X LONG NVIDIA DAILY TARGET ETF.

+26.9%

NVC returned, 3 months

+24.6%

NVDX returned, 3 months

−4.5 pts

NVC from its stated multiple

−6.8 pts

NVDX 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%

NVDX · 3 months to Sep 30, 20266.8 pts short of its stated multiple

NVDX returned +24.6% 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

NVDX 16.4

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	NVDX	NVC	NVDX	NVC	NVDX
1 month	+6.7%	+5.8%	+7.1%	+7.1%	−0.5 pts	−1.3 pts
3 months	+26.9%	+24.6%	+31.4%	+31.4%	−4.5 pts	−6.8 pts
6 months	not published	+46.1%	not published	+60.5%	not published	−14.4 pts
1 year	not published	+11.7%	not published	+45.4%	not published	−33.7 pts
Since launch NVC Jun 2026 · NVDX Oct 2023	+24.7%	+877.3%	+28.5%	not meaningful	−3.9 pts	not meaningful

NVC and NVDX 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)

NVDX

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

Issuer Corgi T-REX

Sets out to return +2x +2x

Underlying asset NVDA NVDA

Segment company company

Fund returned, 3 months or since launch +26.9% +24.6%

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 −6.8 pts

Fund returned, 1 year or since launch +24.7% +11.7%

Difference from stated, over that window −3.9 pts −33.7 pts

Underlying volatility 38% 38%

Difference over the days both have traded −4.5 pts −6.8 pts

Expense ratio 0.45% 1.05%

Launched Jun 30, 2026 Oct 19, 2023

Net assets $479,525 $479m

NVC and NVDX 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.

NVDX in plain words

Three months to Sep 30, 2026: NVDX returned +24.6% where its own daily promise gave +29.2%, 4.6 points short. Read the multiple against the whole window instead and 2 times NVDA's 15.7% implies +31.4%, which makes NVDX look 6.8 points short. NVDX aims to return +2 times NVDA's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, NVC or NVDX?: Over the window to Sep 30, 2026, NVC finished 4.5 points from what its multiple implies and NVDX finished 6.8 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 NVDX levered on the same thing?: Yes. Both are levered on NVIDIA, NVC at +2 times and NVDX at +2 times the daily move.
Which one decays faster, NVC or NVDX?: Decay follows how much the underlying moves about. Over this window NVC’s moved at 38% annualized and NVDX’s at 38%, so NVC has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold NVC or NVDX 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 NVDX?: NVC charges 0.45% a year and NVDX charges 1.05%, so NVC is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

NVC on its own →NVDX 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 ↗NVDX filings on SEC EDGAR ↗NVDX prospectus with the expense ratio (SEC) ↗T-REX page for NVDX ↗

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 NVDX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/nvc-vs-nvdx

Open data

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