# TESC (Corgi TSLA 2x Daily ETF)

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

One month to Sep 11, 2026: TESC returned +20.7% where its own daily promise gave +22.0%, 1.2 points short.

## Key facts

- TESC, what TSLA did: +11.6%, as of Sep 11, 2026.
- TESC, what +2 times a day gives: +22.0%, as of Sep 11, 2026.
- TESC, what the fund returned: +20.7%, as of Sep 11, 2026.
- TESC, the fund itself cost: −1.2 pts, as of Sep 11, 2026.
- TESC, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).
- TESC, underlying: TSLA, as of Sep 11, 2026.

## TESC over each window to Sep 11, 2026

| Window | Fund | TSLA | +2x the move | Difference | TSLA moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +20.7% | +11.6% | +23.2% | −2.4 pts | 50% |
| Since launch | −31.6% | −13.1% | −26.2% | −5.4 pts | 56% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of TSLA, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.79 times, against +2 stated | ETFIQ |
| Underlying | TSLA | 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 | 50% annualized | ETFIQ |

## Questions

### Did TESC return +2 times TSLA?

Over the window to Sep 11, 2026, TSLA moved +11.6% and TESC returned +20.7%. 2 times that move is +23.2%, so the fund came out 2.4 points short of it.

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

Because it resets daily. TESC 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 TSLA ETF tracked its stated multiple most closely?

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

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