# RIVC (Corgi RIVN 2x Daily ETF)

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

One month to Sep 11, 2026: RIVC returned −1.8% where its own daily promise gave −0.3%, 1.4 points short.

## Key facts

- RIVC, what RIVN did: +0.6%, as of Sep 11, 2026.
- RIVC, what +2 times a day gives: −0.3%, as of Sep 11, 2026.
- RIVC, what the fund returned: −1.8%, as of Sep 11, 2026.
- RIVC, the fund itself cost: −1.4 pts, as of Sep 11, 2026.
- RIVC, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- RIVC, underlying: RIVN, as of Sep 11, 2026.

## RIVC over each window to Sep 11, 2026

| Window | Fund | RIVN | +2x the move | Difference | RIVN moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −1.8% | +0.6% | +1.3% | −3.0 pts | 44% |
| Since launch | −20.9% | −8.4% | −16.8% | −4.1 pts | 49% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of RIVN, reset daily | ETFIQ |
| Multiple a holder actually got over the window | RIVN moved +0.6% over this window, too little to read a multiple from | ETFIQ |
| Underlying | RIVN | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Jul 14, 2026 | ETFIQ |
| Underlying volatility over the window | 44% annualized | ETFIQ |

## Questions

### Did RIVC return +2 times RIVN?

Over the window to Sep 11, 2026, RIVN moved +0.6% and RIVC returned −1.8%. 2 times that move is +1.3%, so the fund came out 3.0 points short of it.

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

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

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