RGTC vs RGTU: which held to its multiple?

Over the days both have traded, RGTC finished 2.6 points from its stated multiple and RGTU 3.0. Corgi RGTI 2x Daily ETF and Tradr 2X Long RGTI Daily ETF.

−18.7%
RGTC returned, since launch
−41.2%
RGTU returned, 3 months
−14.1 pts
RGTC from its stated multiple
−9.8 pts
RGTU from its stated multiple
RGTC · 1 month to Sep 30, 20262.6 pts short of its stated multiple
2.6 pts short of its stated multipleRGTC returned −1.6% while 2 times RGTI's move would have been +1.0%RGTI +0.5% ×2 implies+1.0%RGTC returned−1.6%2.6 pts short of its stated multipleRGTC returned −1.6% while 2 times RGTI's move would have been +1.0%RGTI +0.5% ×2 implies+1.0%RGTC returned−1.6%

RGTC returned −1.6% while 2 times RGTI's move would have been +1.0%

RGTU · 3 months to Sep 30, 20269.8 pts short of its stated multiple
9.8 pts short of its stated multipleRGTU returned −41.2% while 2 times RGTI's move would have been −31.5%RGTI −15.7% ×2 implies−31.5%RGTU returned−41.2%9.8 pts short of its stated multipleRGTU returned −41.2% while 2 times RGTI's move would have been −31.5%RGTI −15.7% ×2 implies−31.5%RGTU returned−41.2%

RGTU returned −41.2% while 2 times RGTI's move would have been −31.5%

Performance, window by window

Total returnMultiple would giveDifference
WindowRGTCRGTURGTCRGTURGTCRGTU
1 month−1.6%−2.0%+1.0%+1.0%−2.6 pts−3.0 pts
3 monthsnot published−41.2%not published−31.5%not published−9.8 pts
6 monthsnot published−20.8%not published+33.2%not published−54.0 pts
1 yearnot published−91.5%not published−94.3%not published+2.8 pts
Since launch
RGTC Jul 2026 · RGTU Jun 2025
−18.7%−57.4%−4.6%+73.7%−14.1 pts−131.1 pts

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

On the same fields

RGTC
Corgi RGTI 2x Daily ETF · Aims to return twice the daily move of Rigetti Computing (RGTI)
RGTU
Tradr 2X Long RGTI Daily ETF · Aims to return twice the daily move of Rigetti Computing (RGTI)
Issuer Corgi Tradr
Sets out to return +2x +2x
Underlying asset RGTI RGTI
Segment company company
Fund returned, 3 months or since launch −1.6% −41.2%
Underlying returned, over that window +0.5% −15.7%
What the stated multiple implies, over that window +1.0% −31.5%
Difference from stated, over that window −2.6 pts −9.8 pts
Fund returned, 1 year or since launch −18.7% −91.5%
Difference from stated, over that window −14.1 pts +2.8 pts
Underlying volatility 48% 78%
Difference over the days both have traded −2.6 pts −3.0 pts
Expense ratio 0.45% 1.30%
Launched Jul 14, 2026 Jun 24, 2025
Net assets $223,873 $9m

RGTC and RGTU on the same fields, as of Sep 30, 2026. Source: ETFIQ.

RGTC in plain words

One month to Sep 30, 2026: RGTC returned −1.6% where its own daily promise gave −0.8%, 0.8 points short. Read the multiple against the whole window instead and 2 times RGTI's 0.5% implies +1.0%, which makes RGTC look 2.6 points short. 1.8 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. RGTC aims to return +2 times RGTI'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. RGTI moved at 48% 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.

RGTU in plain words

Three months to Sep 30, 2026: RGTU returned −41.2% where its own daily promise gave −38.8%, 2.4 points short. Read the multiple against the whole window instead and 2 times RGTI's −15.7% implies −31.5%, which makes RGTU look 9.8 points short. 7.3 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. RGTU aims to return +2 times RGTI's move each day, then resets. RGTI moved at 78% annualized over that window.

Questions people ask

Which came closer to its stated multiple, RGTC or RGTU?
Over the window to Sep 30, 2026, RGTC finished 2.6 points from what its multiple implies and RGTU finished 9.8 points from its own, so RGTC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are RGTC and RGTU levered on the same thing?
Yes. Both are levered on Rigetti Computing, RGTC at +2 times and RGTU at +2 times the daily move.
Which one decays faster, RGTC or RGTU?
Decay follows how much the underlying moves about. Over this window RGTC’s moved at 48% annualized and RGTU’s at 78%, so RGTU has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold RGTC or RGTU 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, RGTC or RGTU?
RGTC charges 0.45% a year and RGTU charges 1.30%, so RGTC is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, RGTC against RGTU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/rgtc-vs-rgtu

Open data

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