{"url":"https://etfiq.com/compare/leverage/orac-vs-orcs","section":"compare","title":"ORAC vs ORCS: which held to its multiple? | ETFIQ","description":"ORAC sets out to return +2 times ORCL each day and ORCS -1 times. Over the three months to Sep 30, 2026 they finished \u22129.5 pts and \u22125.9 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, ORAC or ORCS?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, ORAC finished 9.5 points from what its multiple implies and ORCS finished 5.9 points from its own, so ORCS came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are ORAC and ORCS levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Oracle, ORAC at +2 times and ORCS at -1 times the daily move."}},{"@type":"Question","name":"Which one decays faster, ORAC or ORCS?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window ORAC\u2019s moved at 54% annualized and ORCS\u2019s at 54%, so ORAC has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold ORAC or ORCS 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, ORAC or ORCS?","acceptedAnswer":{"@type":"Answer","text":"ORAC charges 0.45% a year and ORCS charges 0.97%, so ORAC 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":"ORAC vs ORCS","item":"https://etfiq.com/compare/leverage/orac-vs-orcs"}]},{"@type":"WebPage","name":"ORAC vs ORCS: which held to its multiple?","description":"ORAC sets out to return +2 times ORCL each day and ORCS -1 times. Over the three months to Sep 30, 2026 they finished \u22129.5 pts and \u22125.9 pts away.","url":"https://etfiq.com/compare/leverage/orac-vs-orcs","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, ORAC finished 3.0 points short and ORCS 1.4 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of ORAC and ORCS","description":"ORAC sets out to return +2 times ORCL each day and ORCS -1 times. Over the three months to Sep 30, 2026 they finished \u22129.5 pts and \u22125.9 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/orac-vs-orcs","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":7002,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / ORAC vs ORCS \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n ORAC vs ORCS: which held to its multiple?\n\n Over three months against its own daily promise, ORAC finished 3.0 points short and ORCS 1.4 points over.\n Copy this for sharing \n \n Corgi ORCL 2x Daily ETF and Direxion Daily ORCL Bear 1X ETF.\n\n Download as PDF \n\n \u221216.1% ORAC returned, 3 months \n \u22122.6% ORCS returned, 3 months \n \u22129.5 pts ORAC from its stated multiple \n \u22125.9 pts ORCS from its stated multiple \n\n ETFIQ Decay Resistance Score: ORAC scores higher\n Did it keep up wit","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/orac-vs-orcs","a":{"ticker":"ORAC","name":"Corgi ORCL 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ORAC returned \u221216.1% where its own daily promise gave \u221213.1%, 3.0 points short.","url":"https://etfiq.com/funds/orac","key_facts":[{"label":"What ORCL did","value":"\u22123.3%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221213.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221216.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.0 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$782,844","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":"ORCS","name":"Direxion Daily ORCL Bear 1X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ORCS returned \u22122.6% where its own daily promise gave \u22124.0%, 1.4 points over.","url":"https://etfiq.com/funds/orcs","key_facts":[{"label":"What ORCL did","value":"\u22123.3%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"\u22124.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22122.6%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$7m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.97%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 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/orac-vs-orcs"}