WDCC vs WDCX: which held to its multiple?

Over the days both have traded, WDCC finished 1.9 points from its stated multiple and WDCX 2.7. Corgi WDC 2x Daily ETF and Tradr 2X Long WDC Daily ETF.

−48.4%
WDCC returned, since launch
−52.8%
WDCX returned, 3 months
−4.4 pts
WDCC from its stated multiple
−4.8 pts
WDCX from its stated multiple
WDCC · 1 month to Sep 30, 20261.9 pts short of its stated multiple
1.9 pts short of its stated multipleWDCC returned −0.1% while 2 times WDC's move would have been +1.8%WDC +0.9% ×2 implies+1.8%WDCC returned−0.1%1.9 pts short of its stated multipleWDCC returned −0.1% while 2 times WDC's move would have been +1.8%WDC +0.9% ×2 implies+1.8%WDCC returned−0.1%

WDCC returned −0.1% while 2 times WDC's move would have been +1.8%

WDCX · 3 months to Sep 30, 20264.8 pts short of its stated multiple
4.8 pts short of its stated multipleWDCX returned −52.8% while 2 times WDC's move would have been −48.1%WDC −24.0% ×2 implies−48.1%WDCX returned−52.8%4.8 pts short of its stated multipleWDCX returned −52.8% while 2 times WDC's move would have been −48.1%WDC −24.0% ×2 implies−48.1%WDCX returned−52.8%

WDCX returned −52.8% while 2 times WDC's move would have been −48.1%

Performance, window by window

Total returnMultiple would giveDifference
WindowWDCCWDCXWDCCWDCXWDCCWDCX
1 month−0.1%−0.9%+1.8%+1.8%−1.9 pts−2.7 pts
3 monthsnot published−52.8%not published−48.1%not published−4.8 pts
6 monthsnot published+58.6%not published+105.5%not published−46.9 pts
Since launch
WDCC Jul 2026 · WDCX Jan 2026
−48.4%+89.7%−43.9%+160.1%−4.4 pts−70.4 pts

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

On the same fields

WDCC
Corgi WDC 2x Daily ETF · Aims to return twice the daily move of Western Digital (WDC)
WDCX
Tradr 2X Long WDC Daily ETF · Aims to return twice the daily move of Western Digital (WDC)
Issuer Corgi Tradr
Sets out to return +2x +2x
Underlying asset WDC WDC
Segment company company
Fund returned, 3 months or since launch −0.1% −52.8%
Underlying returned, over that window +0.9% −24.0%
What the stated multiple implies, over that window +1.8% −48.1%
Difference from stated, over that window −1.9 pts −4.8 pts
Fund returned, 1 year or since launch −48.4% +89.7%
Difference from stated, over that window −4.4 pts −70.4 pts
Underlying volatility 45% 81%
Difference over the days both have traded −1.9 pts −2.7 pts
Expense ratio 0.45% 1.49%
Launched Jul 10, 2026 Jan 27, 2026
Net assets $2m $99m

WDCC and WDCX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

WDCC in plain words

One month to Sep 30, 2026: WDCC returned −0.1% where its own daily promise gave +0.1%, 0.1 points short. Read the multiple against the whole window instead and 2 times WDC's 0.9% implies +1.8%, which makes WDCC look 1.9 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. WDCC aims to return +2 times WDC'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. WDC moved at 45% 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.

WDCX in plain words

Three months to Sep 30, 2026: WDCX returned −52.8% where its own daily promise gave −51.4%, 1.5 points short. Read the multiple against the whole window instead and 2 times WDC's −24.0% implies −48.1%, which makes WDCX look 4.8 points short. 3.3 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. WDCX aims to return +2 times WDC's move each day, then resets. WDC moved at 81% annualized over that window.

Questions people ask

Which came closer to its stated multiple, WDCC or WDCX?
Over the window to Sep 30, 2026, WDCC finished 1.9 points from what its multiple implies and WDCX finished 4.8 points from its own, so WDCC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are WDCC and WDCX levered on the same thing?
Yes. Both are levered on Western Digital, WDCC at +2 times and WDCX at +2 times the daily move.
Which one decays faster, WDCC or WDCX?
Decay follows how much the underlying moves about. Over this window WDCC’s moved at 45% annualized and WDCX’s at 81%, so WDCX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold WDCC or WDCX 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, WDCC or WDCX?
WDCC charges 0.45% a year and WDCX charges 1.49%, so WDCC is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

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, WDCC against WDCX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/wdcc-vs-wdcx

Open data

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