# LRNX (Corgi LRN 2x Daily ETF)

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

One month to Sep 11, 2026: LRNX returned +7.0% where its own daily promise gave +8.2%, 1.2 points short.

## Key facts

- LRNX, what LRN did: +4.3%, as of Sep 11, 2026.
- LRNX, what +2 times a day gives: +8.2%, as of Sep 11, 2026.
- LRNX, what the fund returned: +7.0%, as of Sep 11, 2026.
- LRNX, the fund itself cost: −1.2 pts, as of Sep 11, 2026.
- LRNX, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- LRNX, underlying: LRN, as of Sep 11, 2026.

## LRNX over each window to Sep 11, 2026

| Window | Fund | LRN | +2x the move | Difference | LRN moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +7.0% | +4.3% | +8.7% | −1.7 pts | 28% |
| Since launch | −13.5% | −3.3% | −6.6% | −6.9 pts | 48% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of LRN, reset daily | ETFIQ |
| Multiple a holder actually got over the window | LRN moved +4.3% over this window, too little to read a multiple from | ETFIQ |
| Underlying | LRN | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Jun 24, 2026 | ETFIQ |
| Underlying volatility over the window | 28% annualized | ETFIQ |

## Questions

### Did LRNX return +2 times LRN?

Over the window to Sep 11, 2026, LRN moved +4.3% and LRNX returned +7.0%. 2 times that move is +8.7%, so the fund came out 1.7 points short of it.

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

Because it resets daily. LRNX 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.


## Cite this page

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

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