# NVC (Corgi NVDA 2x Daily ETF)

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

One month to Sep 11, 2026: NVC returned −6.5% where its own daily promise gave −6.2%, 0.3 points short.

## Key facts

- NVC, what NVDA did: −2.5%, as of Sep 11, 2026.
- NVC, what +2 times a day gives: −6.2%, as of Sep 11, 2026.
- NVC, what the fund returned: −6.5%, as of Sep 11, 2026.
- NVC, the fund itself cost: −0.3 pts, as of Sep 11, 2026.
- NVC, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).
- NVC, underlying: NVDA, as of Sep 11, 2026.

## NVC over each window to Sep 11, 2026

| Window | Fund | NVDA | +2x the move | Difference | NVDA moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −6.5% | −2.5% | −5.0% | −1.5 pts | 42% |
| Since launch | +14.2% | +9.2% | +18.4% | −4.2 pts | 41% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of NVDA, reset daily | ETFIQ |
| Multiple a holder actually got over the window | NVDA moved −2.5% over this window, too little to read a multiple from | ETFIQ |
| Underlying | NVDA | 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 | 42% annualized | ETFIQ |

## Questions

### Did NVC return +2 times NVDA?

Over the window to Sep 11, 2026, NVDA moved −2.5% and NVC returned −6.5%. 2 times that move is −5.0%, so the fund came out 1.5 points short of it.

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

Because it resets daily. NVC 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 NVDA ETF tracked its stated multiple most closely?

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

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