# NOWX (Corgi NOW 2x Daily ETF)

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

One month to Sep 11, 2026: NOWX returned +8.5% where its own daily promise gave +9.1%, 0.6 points short.

## Key facts

- NOWX, what NOW did: +6.1%, as of Sep 11, 2026.
- NOWX, what +2 times a day gives: +9.1%, as of Sep 11, 2026.
- NOWX, what the fund returned: +8.5%, as of Sep 11, 2026.
- NOWX, the fund itself cost: −0.6 pts, as of Sep 11, 2026.
- NOWX, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- NOWX, underlying: NOW, as of Sep 11, 2026.

## NOWX over each window to Sep 11, 2026

| Window | Fund | NOW | +2x the move | Difference | NOW moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +8.5% | +6.1% | +12.1% | −3.6 pts | 62% |
| Since launch | +47.2% | +26.4% | +52.8% | −5.6 pts | 61% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of NOW, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.4 times, against +2 stated | ETFIQ |
| Underlying | NOW | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Jul 14, 2026 | ETFIQ |
| Underlying volatility over the window | 62% annualized | ETFIQ |

## Questions

### Did NOWX return +2 times NOW?

Over the window to Sep 11, 2026, NOW moved +6.1% and NOWX returned +8.5%. 2 times that move is +12.1%, so the fund came out 3.6 points short of it.

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

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

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