# ORAC (Corgi ORCL 2x Daily ETF)

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

One month to Sep 11, 2026: ORAC returned −5.3% where its own daily promise gave −5.7%, 0.3 points over.

## Key facts

- ORAC, what ORCL did: −2.0%, as of Sep 11, 2026.
- ORAC, what +2 times a day gives: −5.7%, as of Sep 11, 2026.
- ORAC, what the fund returned: −5.3%, as of Sep 11, 2026.
- ORAC, the fund itself added: +0.3 pts, as of Sep 11, 2026.
- ORAC, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- ORAC, underlying: ORCL, as of Sep 11, 2026.

## ORAC over each window to Sep 11, 2026

| Window | Fund | ORCL | +2x the move | Difference | ORCL moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −5.3% | −2.0% | −3.9% | −1.4 pts | 47% |
| Since launch | −3.0% | +2.9% | +5.8% | −8.8 pts | 56% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of ORCL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | ORCL moved −2.0% over this window, too little to read a multiple from | ETFIQ |
| Underlying | ORCL | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Jun 30, 2026 | ETFIQ |
| Underlying volatility over the window | 47% annualized | ETFIQ |

## Questions

### Did ORAC return +2 times ORCL?

Over the window to Sep 11, 2026, ORCL moved −2.0% and ORAC returned −5.3%. 2 times that move is −3.9%, so the fund came out 1.4 points short of it.

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

Because it resets daily. ORAC 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 ORCL ETF tracked its stated multiple most closely?

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

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