# SMCC (Corgi SMCI 2x Daily ETF)

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

One month to Sep 11, 2026: SMCC returned +7.5% where its own daily promise gave +10.4%, 3.0 points short.

## Key facts

- SMCC, what SMCI did: +6.6%, as of Sep 11, 2026.
- SMCC, what +2 times a day gives: +10.4%, as of Sep 11, 2026.
- SMCC, what the fund returned: +7.5%, as of Sep 11, 2026.
- SMCC, the fund itself cost: −3.0 pts, as of Sep 11, 2026.
- SMCC, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).
- SMCC, underlying: SMCI, as of Sep 11, 2026.

## SMCC over each window to Sep 11, 2026

| Window | Fund | SMCI | +2x the move | Difference | SMCI moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +7.5% | +6.6% | +13.2% | −5.8 pts | 61% |
| Since launch | +53.0% | +36.7% | +73.4% | −20.4 pts | 90% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of SMCI, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.13 times, against +2 stated | ETFIQ |
| Underlying | SMCI | 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 | 61% annualized | ETFIQ |

## Questions

### Did SMCC return +2 times SMCI?

Over the window to Sep 11, 2026, SMCI moved +6.6% and SMCC returned +7.5%. 2 times that move is +13.2%, so the fund came out 5.8 points short of it.

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

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

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