# SIMX (Corgi SIMO 2x Daily ETF)

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

One month to Sep 11, 2026: SIMX returned +30.5% where its own daily promise gave +32.3%, 1.7 points short.

## Key facts

- SIMX, what SIMO did: +17.9%, as of Sep 11, 2026.
- SIMX, what +2 times a day gives: +32.3%, as of Sep 11, 2026.
- SIMX, what the fund returned: +30.5%, as of Sep 11, 2026.
- SIMX, the fund itself cost: −1.7 pts, as of Sep 11, 2026.
- SIMX, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).
- SIMX, underlying: SIMO, as of Sep 11, 2026.

## SIMX over each window to Sep 11, 2026

| Window | Fund | SIMO | +2x the move | Difference | SIMO moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +30.5% | +17.9% | +35.8% | −5.3 pts | 78% |
| Since launch | −38.3% | −11.4% | −22.8% | −15.5 pts | 101% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of SIMO, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.71 times, against +2 stated | ETFIQ |
| Underlying | SIMO | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | 0.45% | 485BPOS XBRL, Jun 5, 2026 |
| Launched | Jun 24, 2026 | ETFIQ |
| Underlying volatility over the window | 78% annualized | ETFIQ |

## Questions

### Did SIMX return +2 times SIMO?

Over the window to Sep 11, 2026, SIMO moved +17.9% and SIMX returned +30.5%. 2 times that move is +35.8%, so the fund came out 5.2 points short of it.

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

Because it resets daily. SIMX 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.


## Cite this page

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

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