{
 "ticker": "CRD",
 "name": "Corgi CRDO 2x Daily ETF",
 "issuer": "Corgi",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/CRD",
 "html": "https://etfiq.com/funds/CRD",
 "markdown": "https://etfiq.com/funds/CRD.md",
 "as_of": "2026-09-11",
 "verdict": "One month to Sep 11, 2026: CRD returned \u221267.5% where its own daily promise gave \u221267.2%, 0.4 points short.",
 "key_facts": [
  {
   "key": "what_crdo_did",
   "label": "What CRDO did",
   "value": "\u221239.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CRD, what CRDO did: \u221239.2%, as of Sep 11, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What +2 times a day gives",
   "value": "\u221267.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CRD, what +2 times a day gives: \u221267.2%, as of Sep 11, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221267.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CRD, what the fund returned: \u221267.5%, as of Sep 11, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22120.4 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CRD, the fund itself cost: \u22120.4 pts, as of Sep 11, 2026."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "not read by ETFIQ",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CRD, expense ratio: not read by ETFIQ, as of Sep 11, 2026."
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "CRDO",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "CRD, underlying: CRDO, as of Sep 11, 2026."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of CRDO, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.72 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "CRDO",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "not read by ETFIQ",
   "source": null
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jul 14, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "96% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u221267.5%",
   "CRDO": "\u221239.2%",
   "+2x the move": "\u221278.5%",
   "Difference": "+10.9 pts",
   "CRDO moved about": "96%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221262.3%",
   "CRDO": "\u221231.0%",
   "+2x the move": "\u221262.0%",
   "Difference": "\u22120.3 pts",
   "CRDO moved about": "102%"
  }
 ],
 "questions": [
  {
   "q": "Did CRD return +2 times CRDO?",
   "a": "Over the window to Sep 11, 2026, CRDO moved \u221239.2% and CRD returned \u221267.5%. 2 times that move is \u221278.5%, so the fund came out 10.9 points ahead of it."
  },
  {
   "q": "Why does CRD not return +2 times over a year?",
   "a": "Because it resets daily. CRD 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."
  },
  {
   "q": "Which +2x CRDO ETF tracked its stated multiple most closely?",
   "a": "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."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}