Which came closer to its stated multiple, NVTC or NVTX?

Over the window to Sep 30, 2026, NVTC finished 3.9 points from what its multiple implies and NVTX finished 2.9 points from its own, so NVTX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are NVTC and NVTX levered on the same thing?

Yes. Both are levered on Navitas Semiconductor, NVTC at +2 times and NVTX at +2 times the daily move.

Which one decays faster, NVTC or NVTX?

Decay follows how much the underlying moves about. Over this window NVTC’s moved at 62% annualized and NVTX’s at 89%, so NVTX has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold NVTC or NVTX 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, NVTC or NVTX?

NVTC charges 0.45% a year and NVTX charges 2.81%, so NVTC is cheaper. Fees come from each fund's prospectus.

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NVTC vs NVTX: which held to its multiple?

Over the days both have traded, NVTC finished 3.9 points from its stated multiple and NVTX 4.5. Corgi NVTS 2x Daily ETF and Tradr 2X Long NVTS Daily ETF.

−44.2%

NVTC returned, since launch

−62.4%

NVTX returned, 3 months

−10.2 pts

NVTC from its stated multiple

−2.9 pts

NVTX from its stated multiple

NVTC · 1 month to Sep 30, 20263.9 pts short of its stated multiple

NVTC returned −3.5% while 2 times NVTS's move would have been +0.3%

NVTX · 3 months to Sep 30, 20262.9 pts short of its stated multiple

NVTX returned −62.4% while 2 times NVTS's move would have been −59.5%

Performance, window by window

	Total return		Multiple would give		Difference
Window	NVTC	NVTX	NVTC	NVTX	NVTC	NVTX
1 month	−3.5%	−4.1%	+0.3%	+0.3%	−3.9 pts	−4.5 pts
3 months	not published	−62.4%	not published	−59.5%	not published	−2.9 pts
6 months	not published	−22.5%	not published	+71.9%	not published	−94.4 pts
1 year	not published	−52.8%	not published	+121.6%	not published	−174.4 pts
Since launch NVTC Jul 2026 · NVTX Sep 2025	−44.2%	−31.6%	−34.0%	not meaningful	−10.2 pts	not meaningful

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

On the same fields

NVTC

Corgi NVTS 2x Daily ETF · Aims to return twice the daily move of Navitas Semiconductor (NVTS)

NVTX

Tradr 2X Long NVTS Daily ETF · Aims to return twice the daily move of Navitas Semiconductor (NVTS)

Issuer Corgi Tradr

Sets out to return +2x +2x

Underlying asset NVTS NVTS

Segment company company

Fund returned, 3 months or since launch −3.5% −62.4%

Underlying returned, over that window +0.2% −29.8%

What the stated multiple implies, over that window +0.3% −59.5%

Difference from stated, over that window −3.9 pts −2.9 pts

Fund returned, 1 year or since launch −44.2% −52.8%

Difference from stated, over that window −10.2 pts −174.4 pts

Underlying volatility 62% 89%

Difference over the days both have traded −3.9 pts −4.5 pts

Expense ratio 0.45% 2.81%

Launched Jul 7, 2026 Sep 9, 2025

Net assets $291,375 $41m

NVTC and NVTX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

NVTC in plain words

One month to Sep 30, 2026: NVTC returned −3.5% where its own daily promise gave −2.8%, 0.7 points short. Read the multiple against the whole window instead and 2 times NVTS's 0.2% implies +0.3%, which makes NVTC look 3.9 points short. 3.1 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. NVTC aims to return +2 times NVTS'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. NVTS moved at 62% 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.

NVTX in plain words

Three months to Sep 30, 2026: NVTX returned −62.4% where its own daily promise gave −59.9%, 2.5 points short. Read the multiple against the whole window instead and 2 times NVTS's −29.8% implies −59.5%, which makes NVTX look 2.9 points short. 0.4 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. NVTX aims to return +2 times NVTS's move each day, then resets. NVTS moved at 89% annualized over that window.

Questions people ask

Which came closer to its stated multiple, NVTC or NVTX?: Over the window to Sep 30, 2026, NVTC finished 3.9 points from what its multiple implies and NVTX finished 2.9 points from its own, so NVTX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are NVTC and NVTX levered on the same thing?: Yes. Both are levered on Navitas Semiconductor, NVTC at +2 times and NVTX at +2 times the daily move.
Which one decays faster, NVTC or NVTX?: Decay follows how much the underlying moves about. Over this window NVTC’s moved at 62% annualized and NVTX’s at 89%, so NVTX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold NVTC or NVTX 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, NVTC or NVTX?: NVTC charges 0.45% a year and NVTX charges 2.81%, so NVTC is cheaper. Fees come from each fund's prospectus.

Other comparisons

NVTC on its own →NVTX on its own →How every figure is computed →Standards and sources →

Where these figures came from

NVTC filings on SEC EDGAR ↗NVTC prospectus with the expense ratio (SEC) ↗Corgi website ↗NVTX filings on SEC EDGAR ↗NVTX prospectus with the expense ratio (SEC) ↗Tradr 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, NVTC against NVTX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/nvtc-vs-nvtx

Open data

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