# TPLX (Corgi TPL 2x Daily ETF)

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

One month to Sep 11, 2026: TPLX returned +13.6% where its own daily promise gave +15.3%, 1.7 points short.

## Key facts

- TPLX, what TPL did: +7.9%, as of Sep 11, 2026.
- TPLX, what +2 times a day gives: +15.3%, as of Sep 11, 2026.
- TPLX, what the fund returned: +13.6%, as of Sep 11, 2026.
- TPLX, the fund itself cost: −1.7 pts, as of Sep 11, 2026.
- TPLX, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- TPLX, underlying: TPL, as of Sep 11, 2026.

## TPLX over each window to Sep 11, 2026

| Window | Fund | TPL | +2x the move | Difference | TPL moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +13.6% | +7.9% | +15.7% | −2.1 pts | 33% |
| Since launch | −11.1% | −2.1% | −4.2% | −6.9 pts | 44% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of TPL, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.73 times, against +2 stated | ETFIQ |
| Underlying | TPL | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Jun 24, 2026 | ETFIQ |
| Underlying volatility over the window | 33% annualized | ETFIQ |

## Questions

### Did TPLX return +2 times TPL?

Over the window to Sep 11, 2026, TPL moved +7.9% and TPLX returned +13.6%. 2 times that move is +15.7%, so the fund came out 2.1 points short of it.

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

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

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