# SNDC (Corgi SNDK 2x Daily ETF)

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

One month to Sep 11, 2026: SNDC returned +36.0% where its own daily promise gave +39.0%, 2.9 points short.

## Key facts

- SNDC, what SNDK did: +21.5%, as of Sep 11, 2026.
- SNDC, what +2 times a day gives: +39.0%, as of Sep 11, 2026.
- SNDC, what the fund returned: +36.0%, as of Sep 11, 2026.
- SNDC, the fund itself cost: −2.9 pts, as of Sep 11, 2026.
- SNDC, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).
- SNDC, underlying: SNDK, as of Sep 11, 2026.

## SNDC over each window to Sep 11, 2026

| Window | Fund | SNDK | +2x the move | Difference | SNDK moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +36.0% | +21.5% | +43.0% | −7.0 pts | 88% |
| Since launch | −65.0% | −28.2% | −56.3% | −8.7 pts | 127% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of SNDK, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.68 times, against +2 stated | ETFIQ |
| Underlying | SNDK | 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 | 88% annualized | ETFIQ |

## Questions

### Did SNDC return +2 times SNDK?

Over the window to Sep 11, 2026, SNDK moved +21.5% and SNDC returned +36.0%. 2 times that move is +43.0%, so the fund came out 7.0 points short of it.

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

Because it resets daily. SNDC 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 SNDK ETF tracked its stated multiple most closely?

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

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