# TERC (Corgi TER 2x Daily ETF)

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

One month to Sep 11, 2026: TERC returned −14.7% where its own daily promise gave −13.8%, 0.9 points short.

## Key facts

- TERC, what TER did: −5.7%, as of Sep 11, 2026.
- TERC, what +2 times a day gives: −13.8%, as of Sep 11, 2026.
- TERC, what the fund returned: −14.7%, as of Sep 11, 2026.
- TERC, the fund itself cost: −0.9 pts, as of Sep 11, 2026.
- TERC, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- TERC, underlying: TER, as of Sep 11, 2026.

## TERC over each window to Sep 11, 2026

| Window | Fund | TER | +2x the move | Difference | TER moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −14.7% | −5.7% | −11.4% | −3.4 pts | 60% |
| Since launch | +10.7% | +10.7% | +21.4% | −10.7 pts | 74% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of TER, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.59 times, against +2 stated | ETFIQ |
| Underlying | TER | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Jul 7, 2026 | ETFIQ |
| Underlying volatility over the window | 60% annualized | ETFIQ |

## Questions

### Did TERC return +2 times TER?

Over the window to Sep 11, 2026, TER moved −5.7% and TERC returned −14.7%. 2 times that move is −11.4%, so the fund came out 3.4 points short of it.

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

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

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