# GMEC (Corgi GME 2x Daily ETF)

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

One month to Sep 11, 2026: GMEC returned +27.3% where its own daily promise gave +29.1%, 1.8 points short.

## Key facts

- GMEC, what GME did: +14.1%, as of Sep 11, 2026.
- GMEC, what +2 times a day gives: +29.1%, as of Sep 11, 2026.
- GMEC, what the fund returned: +27.3%, as of Sep 11, 2026.
- GMEC, the fund itself cost: −1.8 pts, as of Sep 11, 2026.
- GMEC, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- GMEC, underlying: GME, as of Sep 11, 2026.

## GMEC over each window to Sep 11, 2026

| Window | Fund | GME | +2x the move | Difference | GME moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +27.3% | +14.1% | +28.2% | −0.8 pts | 30% |
| Since launch | −13.8% | −4.2% | −8.4% | −5.4 pts | 38% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of GME, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.94 times, against +2 stated | ETFIQ |
| Underlying | GME | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Jun 30, 2026 | ETFIQ |
| Underlying volatility over the window | 30% annualized | ETFIQ |

## Questions

### Did GMEC return +2 times GME?

Over the window to Sep 11, 2026, GME moved +14.1% and GMEC returned +27.3%. 2 times that move is +28.2%, so the fund came out 0.8 points short of it.

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

Because it resets daily. GMEC 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 GME 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, GMEC, data as of Sep 11, 2026. https://etfiq.com/funds/GMEC
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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