# ALA (Corgi ALAB 2x Daily ETF)

Corgi · Leveraged ETFs · data as of Sep 11, 2026

One month to Sep 11, 2026: ALA returned −22.4% where its own daily promise gave −19.6%, 2.8 points short.

## Key facts

- ALA, what ALAB did: −8.7%, as of Sep 11, 2026.
- ALA, what +2 times a day gives: −19.6%, as of Sep 11, 2026.
- ALA, what the fund returned: −22.4%, as of Sep 11, 2026.
- ALA, the fund itself cost: −2.8 pts, as of Sep 11, 2026.
- ALA, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- ALA, underlying: ALAB, as of Sep 11, 2026.

## ALA over each window to Sep 11, 2026

| Window | Fund | ALAB | +2x the move | Difference | ALAB moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −22.4% | −8.7% | −17.3% | −5.1 pts | 66% |
| Since launch | −58.8% | −29.5% | −59.0% | +0.2 pts | 96% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of ALAB, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.59 times, against +2 stated | ETFIQ |
| Underlying | ALAB | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Jul 10, 2026 | ETFIQ |
| Underlying volatility over the window | 66% annualized | ETFIQ |

## Questions

### Did ALA return +2 times ALAB?

Over the window to Sep 11, 2026, ALAB moved −8.7% and ALA returned −22.4%. 2 times that move is −17.3%, so the fund came out 5.1 points short of it.

### Why does ALA not return +2 times over a year?

Because it resets daily. ALA aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x ALAB ETF tracked its stated multiple most closely?

2 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, ALA, data as of Sep 11, 2026. https://etfiq.com/funds/ALA
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/ALA  ·  JSON: https://etfiq.com/funds/ALA.json