Which came closer to its stated multiple, SNDC or SNDU?

Over the window to Sep 30, 2026, SNDC finished 23.0 points from what its multiple implies and SNDU finished 23.2 points from its own, so SNDC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are SNDC and SNDU levered on the same thing?

Yes. Both are levered on Sandisk, SNDC at +2 times and SNDU at +2 times the daily move.

Which one decays faster, SNDC or SNDU?

Decay follows how much the underlying moves about. Over this window SNDC’s moved at 117% annualized and SNDU’s at 117%, so SNDC has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold SNDC or SNDU 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, SNDC or SNDU?

SNDC charges 0.45% a year and SNDU charges 1.50%, so SNDC is cheaper. Fees come from each fund's prospectus.

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SNDC vs SNDU: which held to its multiple?

Over the days both have traded, SNDC finished 23.0 points from its stated multiple and SNDU 23.2. Corgi SNDK 2x Daily ETF and T-REX 2X LONG SNDK DAILY TARGET ETF.

−51.8%

SNDC returned, 3 months

−52.0%

SNDU returned, 3 months

−23.0 pts

SNDC from its stated multiple

−23.2 pts

SNDU from its stated multiple

SNDC · 3 months to Sep 30, 202623 pts short of its stated multiple

SNDC returned −51.8% while 2 times SNDK's move would have been −28.8%

SNDU · 3 months to Sep 30, 202623.2 pts short of its stated multiple

SNDU returned −52.0% while 2 times SNDK's move would have been −28.8%

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

SNDC 22.9

SNDU 20.3

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	SNDC	SNDU	SNDC	SNDU	SNDC	SNDU
1 month	+16.7%	+16.4%	+22.1%	+22.1%	−5.4 pts	−5.7 pts
3 months	−51.8%	−52.0%	−28.8%	−28.8%	−23.0 pts	−23.2 pts
6 months	not published	+198.5%	not published	not meaningful	not published	not meaningful
Since launch SNDC Jun 2026 · SNDU Mar 2026	−61.7%	+245.0%	−47.0%	not meaningful	−14.8 pts	not meaningful

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

On the same fields

SNDC

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

SNDU

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

Issuer Corgi T-REX

Sets out to return +2x +2x

Underlying asset SNDK SNDK

Segment company company

Fund returned, 3 months or since launch −51.8% −52.0%

Underlying returned, over that window −14.4% −14.4%

What the stated multiple implies, over that window −28.8% −28.8%

Difference from stated, over that window −23.0 pts −23.2 pts

Fund returned, 1 year or since launch −61.7% +245.0%

Difference from stated, over that window −14.8 pts not available

Underlying volatility 117% 117%

Difference over the days both have traded −23.0 pts −23.2 pts

Expense ratio 0.45% 1.50%

Launched Jun 30, 2026 Mar 12, 2026

Net assets $4m $300m

SNDC and SNDU on the same fields, as of Sep 30, 2026. Source: ETFIQ.

SNDC in plain words

Three months to Sep 30, 2026: SNDC returned −51.8% where its own daily promise gave −47.7%, 4.1 points short. Read the multiple against the whole window instead and 2 times SNDK's −14.4% implies −28.8%, which makes SNDC look 23.0 points short. 18.9 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. SNDC aims to return +2 times SNDK'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. SNDK moved at 117% 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.

SNDU in plain words

Three months to Sep 30, 2026: SNDU returned −52.0% where its own daily promise gave −47.7%, 4.3 points short. Read the multiple against the whole window instead and 2 times SNDK's −14.4% implies −28.8%, which makes SNDU look 23.2 points short. SNDU aims to return +2 times SNDK's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, SNDC or SNDU?: Over the window to Sep 30, 2026, SNDC finished 23.0 points from what its multiple implies and SNDU finished 23.2 points from its own, so SNDC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are SNDC and SNDU levered on the same thing?: Yes. Both are levered on Sandisk, SNDC at +2 times and SNDU at +2 times the daily move.
Which one decays faster, SNDC or SNDU?: Decay follows how much the underlying moves about. Over this window SNDC’s moved at 117% annualized and SNDU’s at 117%, so SNDC has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold SNDC or SNDU 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, SNDC or SNDU?: SNDC charges 0.45% a year and SNDU charges 1.50%, so SNDC is cheaper. Fees come from each fund's prospectus.

Other comparisons

SNDC vs SNDG SNDC vs SNDQ SNDC vs SNXX SNDU vs SNXX SNDU vs SNDG SNDU vs SNDQ

SNDC on its own →SNDU on its own →How every figure is computed →Standards and sources →

Where these figures came from

SNDC filings on SEC EDGAR ↗SNDC prospectus with the expense ratio (SEC) ↗Corgi website ↗SNDU filings on SEC EDGAR ↗SNDU prospectus with the expense ratio (SEC) ↗T-REX page for SNDU ↗

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, SNDC against SNDU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/sndc-vs-sndu

Open data

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