# MSTC (Corgi MSTR 2x Daily ETF)

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

One month to Sep 11, 2026: MSTC returned +72.0% where its own daily promise gave +75.7%, 3.6 points short.

## Key facts

- MSTC, what MSTR did: +38.1%, as of Sep 11, 2026.
- MSTC, what +2 times a day gives: +75.7%, as of Sep 11, 2026.
- MSTC, what the fund returned: +72.0%, as of Sep 11, 2026.
- MSTC, the fund itself cost: −3.6 pts, as of Sep 11, 2026.
- MSTC, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).
- MSTC, underlying: MSTR, as of Sep 11, 2026.

## MSTC over each window to Sep 11, 2026

| Window | Fund | MSTR | +2x the move | Difference | MSTR moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +72.0% | +38.1% | +76.2% | −4.2 pts | 104% |
| Since launch | +95.2% | +50.7% | +101.3% | −6.2 pts | 81% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of MSTR, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.89 times, against +2 stated | ETFIQ |
| Underlying | MSTR | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | 0.45% | 485BPOS XBRL, Jun 5, 2026 |
| Launched | Jun 30, 2026 | ETFIQ |
| Underlying volatility over the window | 104% annualized | ETFIQ |

## Questions

### Did MSTC return +2 times MSTR?

Over the window to Sep 11, 2026, MSTR moved +38.1% and MSTC returned +72.0%. 2 times that move is +76.2%, so the fund came out 4.2 points short of it.

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

Because it resets daily. MSTC 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 MSTR ETF tracked its stated multiple most closely?

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

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